Our mission at HOOPP is to meet our pension promise to our members, while ensuring the Plan remains affordable to our members and their employers, now and into the future.

To meet our promise, HOOPP’s pension investments are managed by an in-house team of investment professionals employing a Liability Driven Investing (LDI) approach. The Plan’s liabilities are the members’ future retirement benefits.

Our ability to meet this promise is measured by the funded status of the Plan. The funded status compares the Fund’s assets to the value of benefits promised to our members. Investment returns play an essential part in meeting the pension promise, as roughly 75% of pension benefits paid come from investment gains.