Notes and disclaimers
This calculator is meant to provide you with a rough estimate of what your pension could look like if you were a member of HOOPP. It uses certain assumptions that may produce a pension estimate that is different from actual results. In addition, if the
information you enter is incorrect, or if your future service and earnings turn out to be different than what you assume, your actual HOOPP benefit will vary from the estimate produced by this calculator. Any information that you provide through this
calculator will be handled in accordance with HOOPP’s privacy statement and terms of use.
Please note, the estimates provided through this calculator are not binding on HOOPP and do not convey any actual entitlement to benefits if you were to join the Plan. Actual benefit entitlements, based on verified data, will be paid in accordance with
the HOOPP Plan Text, applicable legislation in effect at the relevant time and your opportunity to purchase past service.
If you become a HOOPP member, you will have access to HOOPP Connect, our secure member site. In HOOPP Connect,
you’ll have access to a Pension Estimator that uses your personal membership data to give you a more realistic estimate of the pension you’ll receive in retirement.
How a HOOPP pension works
A pension from HOOPP is based on a formula that includes a member’s earnings and the number of years they’ve contributed to the Plan. To learn more about how a HOOPP pension is calculated please visit
How Your Pension Works.
If you have service to transfer to HOOPP or buy back
If you are eligible to transfer service from another pension plan, it may not result in the same service you had with your other plan. HOOPP, like other pension plans, uses its own methodology to calculate service which may result in more or less service
in HOOPP.
If you become a member and decide to purchase past service under HOOPP, you will qualify for a higher pension.
In addition, this estimator does not provide the estimated cost of buying back service, only what your pension could look like after a buyback. If you become a member, you can request a buyback quote from our Member Services team.
Terms to know before using this calculator:
- Qualifying spouse
- Average annualized earnings
- Bridge benefit
- Spousal pension
Please visit our glossary for definitions of these and other key terms.
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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