Pension or pay raise: do employers know what their employees want?
October 31, 2023 06:00 ET
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Healthcare of Ontario Pension Plan
TORONTO, Oct. 31, 2023 (GLOBE NEWSWIRE) -- As businesses continue to cope with inflationary pressures, employers choosing to offer higher pay in lieu of retirement benefits risk falling behind those...
Interest rates and inflation making retirement elusive; Workplace pensions needed more than ever
June 15, 2023 06:00 ET
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Healthcare of Ontario Pension Plan
TORONTO, June 15, 2023 (GLOBE NEWSWIRE) -- A prolonged period of rising inflation and interest rates has led to another significant downturn in the financial wellbeing of adult Canadians, risking...
HOOPP maintains strong funded status in challenging year: Improves benefits and keeps contribution levels unchanged
March 17, 2023 07:00 ET
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Healthcare of Ontario Pension Plan
TORONTO, March 17, 2023 (GLOBE NEWSWIRE) -- Despite a very challenging year for the markets, HOOPP maintained a strong funded status of 117%. Funded status is one of the most important indicators of...
HOOPP releases climate plan for achieving net zero by 2050
March 13, 2023 09:30 ET
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Healthcare of Ontario Pension Plan
TORONTO, March 13, 2023 (GLOBE NEWSWIRE) -- The Healthcare of Ontario Pension Plan (HOOPP) today unveiled its climate plan for achieving net zero in its portfolio by 2050. The plan, which seeks to...
HOOPP adds Ottawa-based homecare organization Carefor, expanding access to retirement security for healthcare workers
January 31, 2023 09:00 ET
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Healthcare of Ontario Pension Plan
TORONTO, Jan. 31, 2023 (GLOBE NEWSWIRE) -- The Healthcare of Ontario Pension Plan (HOOPP) was pleased to begin the new year by bringing in Carefor Health & Community Services as a new employer...
Canadian employers are most worried about staff retention and well-being, but solutions vary amid economic uncertainty: new research from HOOPP and Angus Reid Group
November 03, 2022 06:33 ET
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Healthcare of Ontario Pension Plan
TORONTO, Nov. 03, 2022 (GLOBE NEWSWIRE) -- The top concerns for Canadian employers in 2022 include employee burnout and losing staff, according to the Canadian Employer Pension Survey from the...
Home affordability and rising interest rates are threatening retirement security for young adults: 2022 Canadian Retirement Survey from HOOPP and Abacus Data
June 23, 2022 06:33 ET
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Healthcare of Ontario Pension Plan
TORONTO, June 23, 2022 (GLOBE NEWSWIRE) -- Economic factors like rising inflation and interest rates are threatening Canadians’ retirement security, according to the 2022 Canadian Retirement Survey...
Healthcare of Ontario Pension Plan (HOOPP) posts 11.28% return in 2021, funded status is 120%
March 16, 2022 07:15 ET
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Healthcare of Ontario Pension Plan
TORONTO, March 16, 2022 (GLOBE NEWSWIRE) -- The Healthcare of Ontario Pension Plan (HOOPP) announced today that it delivered an 11.28% return in 2021, bringing its net assets to $114.4 billion, up...
“Retirement first” approach to employee benefits key to attracting talent in the economic recovery
November 16, 2021 07:00 ET
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Healthcare of Ontario Pension Plan
TORONTO, Nov. 16, 2021 (GLOBE NEWSWIRE) -- A new research report from Healthcare of Ontario Pension Plan (HOOPP) and Common Wealth, The Value of a Good Pension: The business case for good workplace...
Employers offering retirement benefits report greater productivity during COVID, cite reduced employee stress: New research from HOOPP and Maru/Matchbox
October 07, 2021 07:00 ET
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CAD - Healthcare of Ontario Pension Plan
TORONTO, Oct. 07, 2021 (GLOBE NEWSWIRE) -- Employers that offer retirement savings benefits report higher levels of employee productivity over the past year and have greater optimism for the future,...