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Dedicated to helping every member retire with dignity, the plan guarantees a predictable and secure retirement income for life. LAPP Corporation is the legal Trustee and Administrator of the Plan, and supported by the over 400 employees of its pension benefits services provider Alberta Pensions Services Corporation (APS) and the over 600 ...
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 formally became a "jointly sponsored pension plan registered under the Employment Pension Plans Act (EPPA) of Alberta." [45] Public Service Pension Plan (PSPP) [46] – established in 1947, this plan is for employees of the Alberta government and other public service organizations. [47]
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 ...
The Survey of Income and Program Participation (SIPP) is a statistical survey conducted by the U.S. Census Bureau. The SIPP is designed to provide accurate and comprehensive information about the incomes of American individuals and households and their participation in income transfer programs .
According to the Alberta Ministry of Agriculture, Food, and Rural Development, [1] "If a person dies leaving a spouse and an adult interdependent partner, then under the Intestate Succession Act, the person who last lived with the deceased will take the spousal share. For example, if the adult interdependent partner last lived with the deceased ...
The Assured Income for the Severely Handicapped (AISH) is a provincial program established in 1979 in Alberta, Canada, that provides financial and health related benefits to eligible adult Albertans under the age of 65, who are legally identified as having severe and permanent disabilities that seriously impede the individual's ability to earn a living. [1]
A formal system of equalization payments was first introduced in 1957. [7] [ Notes 1]. The original program had the goal of giving each province the same per-capita revenue as the two wealthiest provinces, Ontario and British Columbia, in three tax bases: personal income taxes, corporate income taxes and succession duties (inheritance taxes).