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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 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
Special Forces Pension Plan (SFPP) [49] – established in 1979 for police officers, police chiefs, and deputy chiefs employed by local authorities in Alberta. [50] Management Employees Pension Plan (MEPP) [51] – the foundations of this plan were established in 1972. Then known as the Public Service Management Pension Plan for management ...
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employment pension plans, which comprise more than 40 per cent of all registered pension plans in Canada [1] It was originally enacted as the Pension Benefits Act, 1965 (S.O. 1965, c. 96), and it was the first statute in any Canadian jurisdiction to regulate pension plans.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]
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 ...
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 most prominent form of local government in Canada is municipal government, which is a local council authority which provides local services, facilities, safety and infrastructure for communities. Municipal governments are local general-purpose authorities which provide services to all residents within a defined geographic area called a ...