Working in the healthcare sector is demanding; it’s no surprise that many members choose to retire before reaching age 65.
As a member of HOOPP, you can choose to retire as early as age 55. Your pension will be reduced to reflect the fact that you are likely to receive it for a longer time. If you retire before age 65, you will receive a monthly bridge benefit in addition to your retirement pension. It will be paid until you turn age 65, the age when you can begin receiving Canada Pension Plan (CPP) and Old Age Security (OAS).