Registered Pension Plan

The Horsemen’s Benevolent and Protective Association of Ontario began to offer a Registered Pension Plan (the Plan) on January 1st, 1999. The Plan is registered with the Financial Services Commission of Ontario (FSCO) and was designed for backstretch workers to provide them with some financial security when they retire from their career in racing.

The Plan is financed through the Ontario Pari-Mutuel Tax Reduction Initiative negotiated in 1996 with the Ontario Horse Racing Industry Association (OHRIA).

When can you belong to the Pension Plan?

There are two requirements you must meet to be part of the Plan.

  1. You must be licensed by the AGCO and work at Woodbine and/or Fort Erie Race Track.
  2. You must be licensed and working in any of the following jobs: Trainer, Owner/Trainer, Assistant Trainer, Exercise Person, Groom or Hot Walker.

When do I become a Member of the Pension Plan?

You can become a member of the Plan once you have met the service requirement.

Service Requirement

You must have worked two consecutive years where you have worked 700 or more hours per year or earned more than 35% of the Year’s Maximum Pensionable Earnings (YMPE) per year.

How do you join the Pension Plan?

Just complete an enrolment form and return it to one of the HBPA of Ontario’s offices. After you have completed your enrolment form and your application has been confirmed as eligible by the Pension Committee, your membership in the Plan will begin.

Please note that people 65 and over cannot join the Plan, even if they meet the eligibility requirements. A separate unregistered plan has been created for these individuals.

Keeping track of your service

In order for our consultants to calculate your pension benefit correctly it is important that the HBPA of Ontario keep track of your service. Each year participant in the Pension Plan are mailed an Annual Record of Employment Form. You will record all of the jobs you have had during the year, have it signed by your employer and then return it to one of our offices by January 31st.

A statement of your pension benefits is mailed to you later on in the year so that you have an idea of what your pension will be when you retire.

For further information about our Pension Plan please contact the Administrative Office at 416-747-5252 or email us at


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