HOOPP (Healthcare of Ontario Pension Plan)

Established in 1960, the Healthcare of Ontario Pension Plan (HOOPP) is a multi-employer pension plan for Ontario's hospital and community-based healthcare sector. As one of Canada's largest and most respected pension plans, its mission is to deliver on its pension promise by providing secure retirement benefits to its members. HOOPP is a defined benefit (DB) plan, meaning it provides a lifetime pension based on a member's earnings and years of service, with investment and longevity risks managed by the Plan.