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Termination of Employment for Access to Benefits
We caution employers against engaging in re-employment arrangements with HOOPP members for the primary purpose of enabling employees to access their HOOPP benefit. This would be inconsistent with the Plan terms and pension legislation. Employees may only access their options under HOOPP to transfer or start their pension following a legitimate (bona fide) termination of employment or retirement. For unionized employees, this will likely mean a break in seniority and potential loss of eligibility to other employment benefits, and treatment as a new employee upon subsequent re-hire. Termination of employment is usually documented through a Record of Employment and is subject to the requirements of the Employment Standards Act.
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