9.3 Re-enrolling in the Plan after Retirement

Retired HOOPP members can, upon returning to work with a HOOPP employer, choose to temporarily stop their pension and resume contributions to the Plan. If they choose to do this, their pension will be recalculated when they start receiving it again.

If the retired member is interested in re-enrolling, they will need to complete a Re-enrolment Estimate Request Form to get an estimate from HOOPP that shows how their pension will be affected if they temporarily stop receiving it and resume contributions to the Plan. Members are encouraged to review the Working After Retirement section of hoopp.com and to contact Member Services to understand which choice would be the most beneficial and attractive to them.

If the member informs you that they have decided to suspend their pension, you will be required to initiate an enrolment event in HOOPP Insight. For more information, see section 3.4 Retired Members (Click Here).

We caution employers against engaging in re-employment arrangements with HOOPP members for the primary purpose of enabling employees to access their HOOPP benefit. For more information refer to section 8.2 Termination of Employment for Access to Benefits (Click Here).

 

Current as of May 17, 2024