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...
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HOOPP releases climate plan for achieving net zero by 2050
March 13, 2023 09:30 ET | 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...
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HOOPP adds Ottawa-based homecare organization Carefor, expanding access to retirement security for healthcare workers
January 31, 2023 09:00 ET | 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...
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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 | 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...