As a retired member of HOOPP, you will never outlive your pension. It’s paid to you for life and provides a secure monthly income in retirement. We know that every dollar counts – especially as we retire earlier and live longer. When you retire, HOOPP may also provide inflation protection to help safeguard the buying power of your pension.
HOOPP’s Board of Trustees decides annually on whether to provide a cost of living adjustment (COLA) to your pension. This valuable benefit increases the amount of your monthly pension payment to help it keep up with rising prices.