2030 plan aims to boost pension value and evolve with Ontario’s changing healthcare workforce
With 478,000 members relying on it, the Healthcare of Ontario Pension Plan (HOOPP) has launched a 2030 Strategic Plan that outlines a vision to build a stronger financial future for Ontario’s healthcare community.
The plan centres around a new long-term aspiration that complements HOOPP’s existing mission of delivering on its pension promise.
It aims to align more closely with the evolving needs of healthcare workers while reinforcing the Plan’s role in the sector.
Developed in collaboration with HOOPP’s Board of Trustees and senior leadership, the strategy sets a framework for decision-making across the organisation.
It focuses on three key pillars, each supported by measurable outcomes:
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Maximizing the value of the Plan for members by ensuring that benefits and services reflect what matters most to them.
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Enhancing the resilience and adaptability of HOOPP’s investment portfolio through a total portfolio approach focused on long-term real returns and funded status.
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Evolving alongside Ontario’s healthcare community to remain the pension plan of choice for its workforce.
Annesley Wallace, HOOPP’s president and chief executive officer, said the fund’s purpose has always been to support healthcare workers by providing long-term financial security.
“Our new strategic vision builds on this promise, ensuring that the fund remains well-positioned to capitalize on future opportunities that drive meaningful impact for our members,” she added.
The 2030 Strategic Plan reflects an assessment of current and emerging conditions in Ontario’s healthcare environment, global investment dynamics, and the shifting nature of the pension industry.
It reinforces HOOPP’s stated commitment to innovation.
Annesley Wallace, HOOPP’s president and chief executive officer, said the fund’s purpose has always been to support healthcare workers by providing long-term financial security.
“Our new strategic vision builds on this promise, ensuring that the fund remains well-positioned to capitalize on future opportunities that drive meaningful impact for our members,” she added.
