We are pleased to announce that the Plan’s contribution rates will remain the same until at least the end of 2020. Our Board of Trustees approved this decision based on the long-term health of the Plan and our strong track record of investment returns.

HOOPP’s contribution rates have not changed since 2004. Keeping our rates stable helps make the Plan affordable for members and employers, and that helps provide more workers in Ontario with a secure pension in retirement.

Our contribution rates and operating costs are among the lowest of Canada’s major pension plans. Keeping costs low ensures that more investment income goes toward paying pensions for Ontario’s healthcare workers. 

Learn more about contribution rates.