How do Defined Benefit Plans Contribute to Retirement Security

Which is more costly: a defined contribution plan or a defined benefit plan? The answer may surprise you. Healthcare of Ontario Pension Plan (HOOPP) provides a secure retirement pension that members can estimate in advance. It does this at a cost that is a fraction of what mutual funds and defined contribution plans charge. President & CEO Jim Keohane explains how HOOPP is spreading the word about the correct facts about defined benefit pension plans, and how much of every dollar paid out in pension payments comes directly from investment returns. Again, the answer may surprise you! Learn more at: https://hoopp.com/2016