Contribution Rates the Same Through 2009

HOOPP's Board of Trustees has confirmed that contribution rates will remain the same through 2009.

This means you contribute 6.9 per cent of your pensionable earnings up to the year's maximum pensionable earnings, and 9.2 per cent of your pensionable earnings above the YMPE.

HOOPP has maintained the same contribution rates since 2004.

And remember, for every dollar you contribute to HOOPP, your employer contributes $1.26.

January 2008