Pensions

OCHU/CUPE members may be enrolled in the Healthcare of Ontario Pension Plan (HOOPP).

HOOPP is a defined-benefit plan, and one of the most successful pension plans in Canada.

News

HOOPP: Supporting members during the COVID-19 outbreak

The Healthcare of Ontario Pension Plan (HOOPP) has created a web page to help keep members informed about plan updates during COVID-19.

Newsletter – June 15

Pandemic pay; HOOPP changes to help members dealing with COVID; ONA arbitration

President and CEO Jim Keohane retires from HOOPP

Jim has led the plan to outstanding performance in returns and major improvements in the basic pension.

Newsletter – February 24

North Bay addiction treatment beds; LTC rallies; Coronavirus; and more.

A workplace pension could be worth three times an RRSP — yet only 37% of Canadians have one

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.

HOOPP’s 2018 Annual Results

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,...