Purchasing Power Chart
Members

Purchasing Power Chart

Consider a HOOPP member who retires with a monthly pension of $1,000. The chart below shows what the member's monthly pension would be, in the future, with and without HOOPP's partial cost of living adjustment (COLA).

If HOOPP provides increases above the guaranteed amount the future pension amounts would be even higher than shown in the chart.


Years after retirement Annual rate of inflation Pension without
75% COLA		 Pension with
75% COLA
10 2%
3%
4%
 $1,000
$1,000
$1,000
 $1,160.54
$1,249.20
$1,343.92
20 2%
3%
4%
 $1,000
$1,000
$1,000
 $1,346.86
$1,560.51
$1,806.11
30 2%
3%
4%
 $1,000
$1,000
$1,000
 $1,563.08
$1,949.39
$2,427.26