Healthcare of Ontario Pension Plan
The Healthcare of Ontario Pension Plan (HOOPP) is one of Canada's largest defined benefit pension plans, established in 1960 and based in Toronto. It serves over 300,000 healthcare workers in Ontario, providing them with a financially secure retirement through a contributory structure. HOOPP is specifically designed for the healthcare sector, ensuring that its members receive retirement income for life. The plan's investment portfolio is diverse, comprising cash, bonds, public equities, private equity, real estate, and other asset classes, which are managed by an executive management team. The primary objective of HOOPP is to offer reliable retirement benefits tailored to the unique needs of healthcare professionals in Ontario.
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