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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 ...
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]
The corporation manages assets for various pension plans, including the Local Authorities Pension Plan (LAPP), its largest client. In 2019, the United Conservative Party government added the Alberta Teachers' Retirement Fund to AIMCo's management portfolio, making it the investment manager for all public sector pensions in Alberta. [5]
Local Authorities Pension Plan (LAPP) Corporation: Public Trust Administers the LAPP, the largest pension plan in Alberta, which in 2022 had $58.7 billion in assets. [17]
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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
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