Make HOOPP part of your plan

Great news! HOOPP is open to self-employed nurse practitioners (NPs) in Ontario, effective April 1, 2026.

As one of Canada’s strongest pension plans, HOOPP provides members with the peace of mind that comes with a secure, lifetime income in retirement. For more than 65 years, HOOPP has served Ontario’s healthcare community, and now eligible self-employed NPs can join the Plan trusted by over half a million members.

What’s in it for you?

With HOOPP as part of your retirement plan, you can focus more on the important work that you do today, knowing that the future pension income you will receive is secure.

When you join HOOPP as a self-employed NP, your professional corporation becomes a HOOPP employer, and you are eligible to become a member of the Plan as an employee of that corporation. With HOOPP, you will enjoy both individual and corporate tax advantages.

Make HOOPP part of your plan and experience the benefits, including:

If you have employees under your corporation or another healthcare organization, bringing them into the Plan provides them with the financial security of a lifetime pension and gives you a competitive hiring advantage. Studies show that offering a pension plan reduces turnover and improves staff well-being, job satisfaction and overall productivity.

How does it work?

HOOPP is a defined benefit (DB) pension plan, which means the 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. As a HOOPP member, you will receive a secure and predictable monthly pension for life while eliminating longevity and investment risk from a portion of your retirement strategy.

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.

Eligibility

HOOPP welcomes self-employed NPs who meet the following eligibility criteria:

• You operate under a professional corporation.
• You practice in Ontario.
• You draw employment earnings from the professional corporation in the form of a salary.
• Your professional corporation is already – or will become – a member of the Ontario Hospital Association (OHA). Not a member? Visit the OHA website for more information.

How to join

If you’re ready to take the next step towards making HOOPP part of your plan or if you wish to learn more about HOOPP, send an email to HowToJoin@hoopp.com. A HOOPP pension representative will get in touch to provide more details, discuss your individual circumstances and answer any questions you have.