HOOPP (Healthcare of Ontario Pension Plan)

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HOOPP (Healthcare of Ontario Pension Plan) is a multi-employer defined benefit pension plan established in 1960, dedicated to serving Ontario's hospital and community-based healthcare sector. It provides stable and reliable lifetime pensions to over 475,000 members across more than 700 employers throughout the province, ensuring financial peace of mind for healthcare workers in their retirement. As one of Canada's largest and most respected pension plans, HOOPP manages significant net assets, which reached $112.6 billion at the end of 2023, maintaining a robust funded status of 115%. The organization is committed to innovation, employing a unique investment management approach and leveraging advanced technology to ensure the long-term resilience and sustainability of the plan. HOOPP actively engages in advocacy, commissioning research and driving national dialogue to promote more affordable retirement options for all Canadians, recognizing that many do not have access to similar comprehensive plans. Its operations are guided by core values including professionalism, accountability, collaboration, compassion, and trustworthiness, fostering a high-performance culture across its head office in Toronto and its office in London (UK). Furthermore, HOOPP emphasizes sustainable investing as a key strategy, aligning its financial objectives with environmental, social, and governance principles to support its mission and deliver on its pension promise for generations to come. HOOPP offers various resources and tools to its members, including the HOOPP Connect secure member site, educational seminars and webinars, and guidance tools for pension planning, survivor benefits, and understanding government benefits, empowering them to make informed decisions about their future.

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