deferred pension
Even though you no longer work for a HOOPP employer and you no longer make contributions to your pension, learn how you're HOOPP pension still working for you.
Your HOOPP pension is working for you
Here’s how to get the information you need
HOOPP has approximately 28,000 members who, like you, have left their HOOPP employer and chosen to defer their pension, keeping it in the Plan to collect at a later date.
Even though you no longer work for a HOOPP employer and you no longer make contributions to your pension, your HOOPP pension is still working for you. You can rest assured that it will be there for you when you retire.
Your pension includes inflation protection, survivor benefits, and – best of all – if you return to work for one of the more than 500 HOOPP employers in Ontario during your career, you can resume making contributions and continue to build your pension for retirement.
Here’s how you can learn more about your deferred pension:
- Your Deferred Pension Statement
You will receive your statement by the end of June each year. It shows the monthly pension amount you’re projected to receive starting at age 55 and any cost of living adjustment that has been approved by the Board.
- HOOPP Connect
Sign in to your secure member site to use our Pension Estimator, view your Deferred Pension Statement and update your personal information. You can also send and receive secure messages and upload documents.
Are you age 55 or older? You can begin collecting your pension now. HOOPP’s Member Services team is available to answer your questions, initiate your pension benefits or discuss your options. We’re here to help!
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Your HOOPP pension is working for you
This document provides a simplified overview of HOOPP's benefits based on the terms of the HOOPP Plan Text at the time of publication. From time to time, HOOPP may amend the HOOPP Plan Text. In cases where the information provided in this document differs from that contained in the HOOPP Plan Text, the HOOPP Plan Text will govern. More details, including the full HOOPP Plan Text and a complete description of the Plan and its benefits, can be found on hoopp.com.
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