HOOPP is one of Canada's strongest and most stable defined benefit pension plans. For over 60 years, we've been dedicated to ensuring that Ontario’s healthcare workers can look forward to a financially secure retirement. Did you know? We pay pensions to more than 130,000 retired members, helping them enjoy life after their working years. #HOOPPsupportshealthcare
HOOPP (Healthcare of Ontario Pension Plan)
Financial Services
Toronto, ON 44,414 followers
The pension plan of choice for Ontario's healthcare workers.
About us
Established in 1960, the Healthcare of Ontario Pension Plan (HOOPP) is a multi-employer defined benefit pension plan for Ontario's hospital and community-based healthcare sector. We serve more than 460,000 members who provide valued healthcare services at more than 670 employers across the province. At HOOPP, we exist to provide a stable and reliable pension for our members that starts in retirement and is paid for life. As one of Canada's largest and most respected pension plans, HOOPP's net assets reached $112.6 billion at the end of 2023 and our funded status remained strong at 115%. HOOPP's core values - professional, accountable, collaborative, compassionate and trustworthy - guide our every interaction with our members, employers and employees. We've become one of Canada's leading pension plans by consistently challenging ourselves and embracing innovation. From our unique investment management approach to our innovative technology and thought-provoking research, we constantly seek to push the boundaries, and we do this by hiring passionate, forward-thinking people. Our high-performance culture, which spans our head office in Toronto and our office in London (UK), is founded on collaboration, respect and belonging. HOOPP is an equal opportunity employer and we're proud of our diversity. We select applicants for employment solely on the basis of their qualifications. Should you require accommodation because of a disability during the recruitment and selection process, please contact our Human Resources team. We will be happy to consult with you so that arrangements can be made for reasonable accommodation.
- Website
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http://www.hoopp.com
External link for HOOPP (Healthcare of Ontario Pension Plan)
- Industry
- Financial Services
- Company size
- 1,001-5,000 employees
- Headquarters
- Toronto, ON
- Type
- Nonprofit
- Founded
- 1960
- Specialties
- Pension Administration, Investment Management, Capital Markets, Finance, Human Resources, Strategy & Risk, Communications & Public Affairs, Information Technology, and Pension Advocacy & Research
Locations
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Primary
Get directions
1 York Street
Suite 1900
Toronto, ON M5J 0B6, CA
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Get directions
5 Swallow Place
3rd Floor, Suite A
London, England W1B 2AF, GB
Employees at HOOPP (Healthcare of Ontario Pension Plan)
Updates
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Ready for the next step in your career? 💼 At HOOPP, you have the opportunity to make an impact for healthcare workers of Ontario. We're growing and looking for candidates with diverse experience who are excited to take on new challenges! Check out our job postings: https://bit.ly/2uRDodN
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How can we strengthen CPP/QPP to deliver better outcomes for Canadians? The National Institute on Ageing’s final paper as part of their 8-part series proposes two innovative reforms: enhanced governance to prioritize participant outcomes and a "pension-back" death benefit to improve fairness and encourage delayed claiming. Read their report ⬇️
📢 Big News from the National Institute on Ageing! We've just launched the final paper in our groundbreaking 8-part paper series. This final step, Strengthening CPP/QPP for Better Outcomes — Two Evidence-Based Reforms, proposes innovative solutions to help Canadians make smarter, more financially advantageous pension decisions. Key reforms: 1. Prioritizing participant outcomes through enhanced governance. 2. Introducing a "pension-back" death benefit to address concerns over fairness and boost confidence in delayed claiming. As Canada becomes a “super-aged” society, these measures are more critical than ever. The NIA calls on policymakers, stakeholders, and the public to embrace these reforms to help Canadians navigate their retirement years with confidence and security. Read Step 7 of our series here: https://lnkd.in/eK4Rq3Uj
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Today, HOOPP has joined some of Canada's largest pension investors and investment managers to affirm our support for our country’s first-ever sustainability disclosure standards, set by Canadian Sustainability Standards Board (CSSB). For major institutional investors like HOOPP, complete, comparable sustainability-related information is a key part of making informed investment decisions. The CSSB's standards address both general sustainability-related disclosures and climate-specific requirements, providing a valuable framework to access this critical information. Together, we call on corporate leaders to adopt these standards and provide the transparency and comparability needed to make future investment decisions. Read more about our support: https://lnkd.in/gTdiGxP6 BCI, Caisse de dépôt et placement du Québec (CDPQ), PSP Investments, CPP Investments | Investissements RPC, Investment Management Corporation of Ontario (IMCO), OMERS, OPTrust, Ontario Teachers' Pension Plan, University Pension Plan Ontario
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Earlier this month, HOOPP participated in a Lunch and Learn session with students from the Sustainability and Financial Management program at the University of Waterloo. HOOPP's Tomas Dauden provided an engaging presentation, offering an overview of HOOPP and insights into the Sustainable Investing function within our Investment Management team. Thank you to the University of Waterloo and Tomas for an engaging session focused on inspiring future leaders in sustainable finance!
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When should Canadians claim CPP/QPP benefits? Timing matters, but many may be claiming earlier than necessary. The National Institute on Ageing’s latest paper by Dr. Bonnie-Jeanne MacDonald, PhD FSA FCIA highlights the psychological barriers and innovative strategies, like future self-visualization and reframing deferral, as a unique financial opportunity to help Canadians make more informed decisions. Learn more ⬇️
Canadians face many psychological challenges in prioritizing their future needs and retirement plans. Learn more by reading the latest report in our 8-part paper series! https://lnkd.in/gu-Ngji9 #RetirementPlanning
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HOOPP was proud to partner with Waterloo Women in Computer Science (WiCS) for the 2024/2025 academic year. As part of this partnership, last month, we joined WiCS to take part in their Diverse Careers in Computing event. HOOPP’s Christine Rodolfo, Senior Information Security Architect, participated as a speaker, sharing her career journey, the technical work behind her role and insights into the many career opportunities available students can pursue careers across different industries. The event provided a fantastic opportunity for HOOPP to connect with future talent and inspire the next generation of computing professionals. Thank you to WiCS and our HOOPP team for making this event a success!
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In 2023, HOOPP paid more than $3 billion in pension benefits to retired members in every corner of the province. These retirees spent their working lives taking care of all of us in the moments we needed it most. It is HOOPP’s privilege and honour to help them build the foundation for a financially secure retirement. #HOOPPSupportsHealthcare
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We look forward to welcoming HOOPP's new President & CEO, Annesley Wallace, next year and continuing to fulfill our mission of delivering on our pension promise to Ontario healthcare workers.
There's a new CEO at HOOPP (Healthcare of Ontario Pension Plan): Annesely Wallace, a former head of infrastructure at OMERS who more recently led strategy at TC Energy, will take over the top job in April next year as current CEO Jeff Wendling gets ready to retire: https://lnkd.in/gHmAUW8z #pensions #peoplemoves
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What’s happening to Canada’s productivity? Our recent survey with Angus Reid Group suggests employers feel optimistic about the productivity of their businesses and employees, even as employee productivity appears to be in decline for many. Could investing in retirement benefits help? Learn more: https://bit.ly/3BpAtfg #Retirementplanning #research