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Based in Edmonton, APS administers seven statutory public sector pension plans, including its largest client LAPP (which contributes 72% of the annual operating budget), and two supplementary retirement plans on behalf of the Government of Alberta. [1]
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 dignity ...
Public Service Pension Plan (PSPP) Corporation Public Trust Reviews the actions of the administrator and investment manager of pension plans for employees of the government, certain public agencies, post-secondary institutions, and other public employees. Treasury Board and Finance: Special Forces Pension Plan (SFPP) Corporation
Public Service Pension Plan (PSPP) [46] – established in 1947, this plan is for employees of the Alberta government and other public service organizations. [ 47 ] Special Forces Pension Plan (SFPP) [ 48 ] – established in 1979 for police officers, police chiefs, and deputy chiefs employed by local authorities in Alberta.
Alberta: Employment Pension Plans Act RSA 2000, C. E‑8: Office of the Alberta Superintendent of Pensions Saskatchewan: The Pension Benefits Act, 1992 SS 1992, C. P-6.001: Financial and Consumer Affairs Authority of Saskatchewan Manitoba: The Pension Benefits Act C.C.S.M. c. P32: Office of the Superintendent - Pension Commission Ontario
Alberta Educational Communications Corporation; Alberta Foundation for the Arts; Alberta Gaming, Liquor and Cannabis Commission; Alberta Government Telephones; Alberta Investment Management Corporation; Alberta Oil Sands Technology and Research Authority; Alberta Pensions Services Corporation; Alberta Petroleum Marketing Commission; ATB Financial
The Public Sector Pension Investment Board (PSP Investments) is a Canadian Crown corporation established by the Parliament of Canada in September 1999 through the Public Sector Pension Investment Board Act. PSP Investments is one of Canada's largest pension investment managers, with CAD $264.9 billion of net assets under management in fiscal ...
Boards, agencies, and local government: employees of quasi-independent boards set up by the government of Alberta, government agencies, and municipal governments, as well as ATB Financial (a wholly-owned provincial crown corporation) and Alberta Terminals Ltd., [2] a private grain-handling company and division of Cargill that was formerly a ...