Versions Compared

Key

  • This line was added.
  • This line was removed.
  • Formatting was changed.

Weekend Workers
Weekend workers are those employees who work 30 hours per week but are paid for 37.5 hours. Contributions should be deducted from their full earnings as they are credited with 52 weeks of contributory service as if they were working a full 37.5 hours per week.

...

Let's take the example of a member who works 52 weeks a year, and is paid a total of $150,000:
$100,000 by a HOOPP employer, and $50,000 by a teaching facility.

...

In this example, the member’s contributory service for the year, measured in weeks, would be 100,000/150,000 × 52 weeks, or 34.67 weeks, assuming the member works for the entire year.

This situation only applies when there is a joint funding agreement.

...

Contributions on Termination Payments
The table below summarizes the way HOOPP treats pension contributions for various payments that may be made to members upon termination of employment. Whether or not HOOPP contributions are made on these amounts depends on the type of payment, and the method by which the payment is made.

 

Type of Payment

If paid as…

Contributions required

Payments in lieu of termination notice period not exceeding amount required by Employment Standards Act or collective agreement

lump sum

yes

salary continuance

yes

Payments in lieu of termination notice period exceeding amount required by Employment Standards Act or collective agreement

lump sum

Contributions allowed on excess portion if employer and member agree to make them and if the employment relationship continues for the applicable period.

salary continuance

yes

Severance pay

lump sum

no

salary continuance

yes

Other: retiring allowances, lump sum payments in lieu of benefits, etc.

lump sum

no

...