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Ontario physicians will be eligible to join the Healthcare of Ontario Pension Plan in 2025
December 10, 2024 06:00 ET | Healthcare of Ontario Pension Plan
TORONTO, Dec. 10, 2024 (GLOBE NEWSWIRE) -- The Healthcare of Ontario Pension Plan (HOOPP) is pleased to announce that effective in January 2025, eligible physicians in Ontario will be able to join...
Annesley Wallace
HOOPP Board of Trustees appoints Annesley Wallace as new President & CEO
December 02, 2024 11:15 ET | Healthcare of Ontario Pension Plan
TORONTO, Dec. 02, 2024 (GLOBE NEWSWIRE) -- The Healthcare of Ontario Pension Plan (HOOPP) is pleased to announce the appointment of Annesley Wallace as the new President & Chief Executive...
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Canada is facing a productivity crisis as employee burnout is a major concern among businesses: New research from HOOPP and Angus Reid Group
November 28, 2024 06:00 ET | Healthcare of Ontario Pension Plan
TORONTO, Nov. 28, 2024 (GLOBE NEWSWIRE) -- New research released today by the Healthcare of Ontario Pension Plan (HOOPP) and Angus Reid Group suggests that employee burnout is a major concern among...
Jeff Wendling
HOOPP President & CEO Jeff Wendling announces retirement
September 25, 2024 15:00 ET | Healthcare of Ontario Pension Plan
TORONTO, Sept. 25, 2024 (GLOBE NEWSWIRE) -- Jeff Wendling, President & CEO of the Healthcare of Ontario Pension Plan (HOOPP), announced today that he will be retiring in 2025 after more than a...
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Rising expenses hurting Canadians’ finances: women’s retirement security at risk
June 20, 2024 06:00 ET | Healthcare of Ontario Pension Plan
TORONTO, June 20, 2024 (GLOBE NEWSWIRE) -- Amidst a rising cost of living and persistent interest rates, Canadians’ retirement outlook is particularly bleak, according to the results of the 2024...
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Expanding retirement security for Ontario’s healthcare workers: HOOPP welcomes 35 new employers to the plan in 2023
May 30, 2024 08:00 ET | Healthcare of Ontario Pension Plan
TORONTO, May 30, 2024 (GLOBE NEWSWIRE) -- HOOPP was pleased to welcome 35 new employers, including hospices, community care and family health teams, to the Plan in 2023. As one of the strongest,...
Jeff Wendling
HOOPP delivers 9.38% return in 2023: success bolstered by strong Canadian portfolio
March 13, 2024 07:00 ET | Healthcare of Ontario Pension Plan
TORONTO, March 13, 2024 (GLOBE NEWSWIRE) -- The Healthcare of Ontario Pension Plan (HOOPP) announced today that it delivered a 9.38% return in 2023, bringing its net assets to $112.6 billion, up...
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Pension or pay raise: do employers know what their employees want?
October 31, 2023 06:00 ET | 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...
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Interest rates and inflation making retirement elusive; Workplace pensions needed more than ever
June 15, 2023 06:00 ET | 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...
Funded Status Overview
HOOPP maintains strong funded status in challenging year: Improves benefits and keeps contribution levels unchanged
March 17, 2023 07:00 ET | 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...