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The member is aged 55 or older and wants to retire immediately; or
The member is stopping contributions due to a change in employment status. You will not need to submit a termination event for a full-time member who changes to part-time status at your organization, and who is contributing to HOOPP at another employer on a full-time basis. The part-time employee can choose to stop making HOOPP contributions with their employer where they are employed part-time. Please submit the contribution status change information to HOOPP. It is important that the dates for "employment type effective date" and " contributory status effective date" match.
If, due to a contribution status change request, the member will no longer be making contributions, the member should complete a Contribution Waiver (a Sample sample HOOPP Member Contribution Waiver is available on HOOPP Insight) to acknowledge that they understand the rules regarding waiving contributions. Please keep the completed form for your records. Normal termination procedures (at the part-time employers) do not apply for these members and they will not get a termination or retirement benefit until they terminate or retire from their full-time employer as well.The member is part of a divestment (sale, assignment, or disposition of a business). Contact your Regional Manager for information.
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