The Healthcare of Ontario Pension Plan is reporting an annual return of negative 8.6 per cent for 2022, citing declines in equities and fixed income markets. The HOOPP finished the year with net assets of $103.7 billion and, despite the economic challenges, maintained a funded status of 117 per cent. Its fixed income portfolio generated […]
Investegate announcements from Healthcare of Ontario Pension, HOOPP maintains strong funded status in challenging year: Improves benefits and keeps contribution levels unchanged
TORONTO, March 17, 2023of 117%. Funded status is one of the most important indicators of the health of the Plan and its ability to pay pensions to members today and in the future. 2022 was an extremely