HOOPP President & CEO Jeff Wendling announces retirement
September 25, 2024 15:00 ET
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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...
Rising expenses hurting Canadians’ finances: women’s retirement security at risk
June 20, 2024 06:00 ET
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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...
Expanding retirement security for Ontario’s healthcare workers: HOOPP welcomes 35 new employers to the plan in 2023
May 30, 2024 08:00 ET
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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,...
HOOPP delivers 9.38% return in 2023: success bolstered by strong Canadian portfolio
March 13, 2024 07:00 ET
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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...
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...