My Pension Income
Every HOOPP pensioner receives a basic lifetime pension. That pension is based on HOOPP's pension formula. Here are some valuable features included in every HOOPP pension:
- Early Retirement Benefits – if you’re under 65, you may be receiving a bridge or transition benefit. Learn more, including when these benefits end
- Inflation Protection – inflation can erode the buying power of your pension, see how HOOPP’s inflation protection helps
- Pension Splitting – you may get some tax relief by splitting your pension with your spouse
- Survivor Benefits - your pension is also about the people you care about. Read who and how to designate a beneficiary.
But don’t forget, your HOOPP pension is taxable income. HOOPP is required to deduct taxes, but you may be able to vary it.
