Make HOOPP part of your plan
Make HOOPP part of your plan
Make HOOPP part of your plan
Now open to Ontario physicians
While you focus on providing medical care to your patients, let HOOPP help secure your retirement.
As one of Canada’s top pension plans, HOOPP provides members in the healthcare sector with the peace of mind that comes with secure, lifetime retirement income. We have served Ontario’s healthcare community for more than 60 years, and now,
the Plan is open to incorporated physicians.
If you are an Ontario physician operating under a Medicine Professional Corporation (MPC), you can join HOOPP and enjoy the many benefits of a defined benefit (DB) pension plan.
Why HOOPP?
As a defined benefit (DB) pension plan, the lifetime retirement income you receive is based on a formula that takes into account your earnings, the number of years you have been contributing to the Plan and your age when you start your pension. HOOPP
enables you to receive a secure and predictable monthly pension for life while eliminating longevity and investment risk from a portion of your retirement strategy. With HOOPP, you’ll enjoy both individual and corporate tax advantages, and the
opportunity for additional features such as inflation protection in retirement, survivor benefits for your loved ones, and disability benefits if you are unable to work.
Whether you are just starting out or established in your career as a physician, the security of the HOOPP DB pension offers a powerful complement to your existing strategy with reliable retirement income for life.
HOOPP is a private trust fund operating on a not-for-profit basis, set up for the sole purpose of administering and providing DB pensions for healthcare workers in Ontario. Designed specifically for Ontario’s healthcare community, HOOPP is one of
the strongest multi-employer DB pension plans in Canada. With HOOPP, you are a member, not a customer, and we aren’t driven by profits or private interests. Our mission is delivering on our pension promise to members.
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.
What can we help you find?