HOOPP

Your Life, Your Pension

Your Life, Your Pension

As a member, you’re well on your way to a financially secure future in retirement. This section provides you with an overview of HOOPP’s features and benefits. For information on your personal membership, please sign in to HOOPP Connect , your secure member site.

How your pension works

HOOPP is a defined benefit (DB) pension. This means the pension you receive in retirement is calculated using a formula based on your earnings and years of service in the Plan – and won’t be affected by the day-to-day ups and downs of the market.

You make contributions on the earnings you receive from your employer. For every dollar you contribute, your employer contributes $1.26 on your behalf. All contributions are invested in the HOOPP Fund and when you retire, you receive a monthly pension for the rest of your life. Learn more about how your pension works.

Features of the Plan

Pension Portability Icon

Pension portability

If you choose to move to another HOOPP employer, your pension can come with you. Learn more about pension portability.

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Disability benefits

If you are unable to work due to injury, or physical/mental illness, you may be eligible to receive disability benefits. Learn more about health leaves and disability benefits.

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Buyback options

If you take time off work and stop contributing to the Plan, purchasing past service can increase the value of your pension. Learn more about buying back service.

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Inflation protection

When you retire, your pension may receive cost of living increases. Learn more about inflation protection.

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Early retirement

With a HOOPP pension, you can retire as early as 55 and may be eligible to receive an additional bridge benefit until the age of 64. Learn more about retiring early.

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Survivor benefits

Help protect your loved ones whether you pass away before or after retirement. Learn more about our survivor benefits.

Get connected to your pension

As a HOOPP member, getting connected to your pension offers many benefits. Your first step is to register with HOOPP Connect, your one-stop online pension resource. With HOOPP Connect you can:

  • Explore different retirement scenarios using various ages, dates, and salaries.
  • Access your pension details and documents – online and all in one place.
  • Update your contact and beneficiary information - conveniently.
  • Communicate with HOOPP and send attachments – quickly and easily.

Get connected – it’s easier than you think. Register or sign in.

Join our member community

Follow us on Facebook for HOOPP news, retirement planning info and upcoming events. Be sure to “like” our page to ensure you’re subscribed to receive the latest updates.

Where to next?

Looking for more information? You may be interested in these commonly searched-for pages:

This document provides a simplified overview of HOOPP's benefits based on the terms of the HOOPP Plan Text at the time of publication. From time to time, HOOPP may amend the HOOPP Plan Text. In cases where the information provided in this document differs from that contained in the HOOPP Plan Text, the HOOPP Plan Text will govern. More details, including the full HOOPP Plan Text and a complete description of the Plan and its benefits, can be found on hoopp.com.