Your pension is increasing!
HOOPP is helping you get even more from your pension
As one of Canada’s strongest pension plans, HOOPP is passionate about delivering on their pension promise by providing secure and reliable retirement income to members. That’s why we are pleased to share that, supported by the overall strength of the Plan, HOOPP’s Board of Trustees has approved an increase to your lifetime pension.
Eligible members active in the Plan on or after July 1, 2024, will now receive a larger lifetime pension for contributory service in 2023.
Visit hoopp.com for more information about the benefit improvement.
This increase is just one of the ways that HOOPP is adding value and supporting its members. The Board has also announced that contribution rates will remain unchanged until at least the end of 2026. HOOPP’s contribution rates have not changed since 2004 – that’s more than 20 years of stability for members and employers.