Advocacy

Where appropriate, HOOPP represents the interests of its membership through various advocacy efforts.

Through these efforts, HOOPP seeks to:

• better serve Plan members and pensioners (and, when appropriate, other stakeholders)
• play a role in the development of public policy affecting the Plan
• bring to light areas where pension, investment or other reform is needed

HOOPP’s Submission to Ontario’s Expert Commission on Pensions

October 17, 2007

Among the issues covered in HOOPP’s submission are three that we feel are most important to our members, pensioners and employers. They are:

1. Portability – the ability for members to readily protect the value of their pension benefits when they move from one employer, or pension plan, to another
   
   
2. Wind-up and solvency funding rules, particularly as they apply to multi-employer pension plans (MEPPs) like HOOPP
   
   
3. How MEPPs are covered in the current legislation – to us, as a plan administrator of a MEPP with 341 participating employers and approximately 150,000 active members, the current Pension Benefits Act (or PBA) and regulations need to be improved to better reflect and accommodate the different roles and responsibilities of MEPP plan administrators, employers and members; the current legislation, designed as it is for single-employer pension plans, is inadequate in a number of ways.

Please read the rest of HOOPP's submission summary.