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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]
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 ...
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
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employment pension plans, which comprise more than 40 per cent of all registered pension plans in Canada [1] It was originally enacted as the Pension Benefits Act, 1965 (S.O. 1965, c. 96), and it was the first statute in any Canadian jurisdiction to regulate pension plans.
The rankings below are the 30 largest public pension plans in the U.S., according to the 2018 list compiled by Pensions & Investments. [1] Because this information is now several years old, the numbers and rankings may no longer be entirely accurate.
During the 27th Alberta general election, the Wildrose Alliance attempted to position itself as a conservative alternative to the governing PC party, and released a platform that promised fixed election dates, increasing personal tax exemptions, elimination of health care premiums, the creation of an Alberta Pension Plan, and a reworking of the ...
The Alberta Heritage Savings Trust Fund (HSTF) is a sovereign wealth fund established in 1976 [1]: 10 [2] by the Government of Alberta under then-Premier Peter Lougheed. [1]: 10 [2] The Heritage Savings Trust Fund was created with three objectives: "to save for the future, to strengthen or diversify the economy, and to improve the quality of life of Albertans."