Versions Compared

Key

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

...

If an employee is joining HOOPP as the result of an organizational change by their employer (such as a merger, amalgamation, sale of business or divestment), the usual pension transfer rules – which let members transfer pension service from their former pension plan to HOOPP upon a change in job – may not apply. Changes to the legal or operating structure of a HOOPP employer may impact the participation of employees in HOOPP, as noted in Section 2. Administrative Overview (Click Here). Your Regional Manager can assist you in understanding the impact to your employees (current, future and former) of your organizational change. Please contact HOOPP if you have employees who are enrolling or leaving your workplace as a result of organizational change so we can assist you in understanding whether special rules apply.

...