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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]
Public agencies are generally (with a few exceptions) created and regulated under the Alberta Public Agencies Governance Act (APAGA), which stipulates their responsibilities, restrictions, and general structures. [1] Many public agencies are also subject to more specific legislation and acts.
The sole shareholder of these plans is the Alberta Minister of Finance. LAPP – On March 1, 2019, LAPP's primary oversight role was transferred from Alberta's Minister of Finance to the newly established LAPP Corporation, which under Canadian law, made the LAPP corporation the fiduciary to LAPP members requiring the corporation to "act solely ...
The original Municipal Government Act (known as Bill 23) was introduced by Edgar Gerhart in the Alberta Legislature in 1968 during the 1st Session of the 16th Alberta Legislature, along with the Municipal Election Act (now known as the Local Authorities Election Act). It came into effect on June 1, 1968, and defines the laws and rules under ...
In Alberta, a landowner who wants to subdivide land must apply to the Subdivision Authority of the municipality where the property is located. [16] The rules pertaining to whether or not the Subdivision Authority may approve a subdivision application are found in the MGA and the Subdivision and Development Regulation ( Regulation ). [ 17 ]
For example, in 2022, one case concerning the ombudsman went before the High Court for judicial review, namely Milburn, R (On the Application Of) v The Local Government and Social Care Ombudsman [2022], and the high court found that the ombudsman was wrong to refuse to consider cases where the local authority had claimed to have acted when they ...
The Government of Alberta (French: gouvernement de l'Alberta) is the body responsible for the administration of the Canadian province of Alberta.In modern Canadian use, the term Government of Alberta refers specifically to the executive—political ministers of the Crown (the Cabinet/Executive Council) who are appointed on the advice of the premier.