Pensions

Every dollar contributed to a Canada-model pension — a pension with scale, risk pooling and internal fiduciary management — a retiree can expect $5.32 of retirement income compared with the $1.70 of retirement income from the typical individual approach.

We are pleased to inform you that the Healthcare of Ontario Pension Plan (HOOPP) remains fully funded at 121%. Despite a challenging year in the financial markets, the Fund had an investment return of 2.17% in 2018, bringing its net assets to $79 billion. As you know,...