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BC Pension Corporation is one of the largest pension plan administrative agents in Canada with assets in excess of CA$123.6 billion. [1] [2] Created in 2000 with the passage of the Public Sector Pension Plans Act, the corporation provides pension administration services on behalf of British Columbia's College, Municipal, Public Service, Teachers', and WorkSafeBC pension plans for each of their ...
Website. www.bcgeu.ca /home. The British Columbia General Employees' Union (BCGEU) is a trade union in British Columbia, Canada which represents over 85,000 members. The union employs over 200 servicing and administrative staff in 12 area offices across the province and at the Burnaby head office. The current President of the BCGEU is Paul ...
British Columbia Investment Management Corporation which uses the trade name BCI, is a Canadian company established by way of the 1999 Public Sector Pension Plans Act to provide investment services to British Columbia ’s public sector pensions plans. It invests in multiple asset classes which are in both public and private markets.
Crown corporations (French: Société de la Couronne) [1] are government organizations in Canada with a mixture of commercial and public-policy objectives. [2][3] They are directly and wholly owned by the Crown (i.e. the government of Canada or a province). [2]
lapp .ca. LAPP, formerly known by its expanded acronym, the Local Authorities Pension Plan, is the largest pension plan in Alberta and the seventh largest in Canada. With 291,259 members and $58.7 billion in assets (2022), LAPP is a multi-employer jointly sponsored [3] defined benefit pension plan. Dedicated to helping every member retire with ...
Ontario regulates approximately 8,350 employment pension plans, which comprise more than 40 per cent of all registered pension plans in Canada [1] It was originally enacted as the Pension Benefits Act, 1965 (S.O. 1965, c. 96), and it was the first statute in any Canadian jurisdiction to regulate pension plans. [2]
In many states, public employee pension plans are known as Public Employee Retirement Systems (PERS). Pension benefits may or may not be changed after an employee is hired, depending on the state and plan, as well as hiring date, years of service, and grandfathering. Retirement age in the public sector is usually lower than in the private ...
The Ontario Municipal Employees Retirement System [3] (OMERS) is a Canadian public pension fund, headquartered in Toronto, Ontario.OMERS is a defined benefit, jointly sponsored, multi-employer public pension plan created in 1962 by Ontario provincial statute to administer retirement benefits and manage pension investment funds of local government employees in the Canadian province of Ontario.