The Healthcare of Ontario Pension Plan (HOOPP) is one of Canada's largest defined benefit pension plans, established in 1960. It is dedicated to providing a secure lifetime pension for Ontario's healthcare workers, serving over 475,000 members from more than 700 employers across the province. HOOPP's pension plan offers predictable monthly income based on earnings and years of service. Members contribute a percentage of their earnings, while employers match contributions. The plan features investment management by in-house professionals to ensure long-term financial stability. Additionally, HOOPP provides cost-of-living adjustments to pensions and includes survivor benefits for members' spouses. As of the end of 2024, HOOPP's net assets reached $123.0 billion, reflecting a funded status of 111%, which supports its commitment to secure pensions for its members.