** ARCHIVED ITEM **
Archived items are provided as an historical record.
This article may not reflect current provisions.
No personalized pension statements this year
This year you will not receive a personalized pension statement.
HOOPP is making the transition to a new pension administration system, and will therefore not provide personalized pension statements this year.
Some important points that are normally reflected on statements are:
- that the bridge and transition benefit end at age 65
- that, if you are a deferred pensioner, you can begin to collect your pension as early as age 55, usually with a reduction, or with no reduction if you had 30 years of Plan membership when you terminated, or are age 60
As soon as the transition to the new system is complete, HOOPP will resume sending you personalized statements.
We apologize for any inconvenience this may cause you.
March 2006