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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 ...
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]
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.
Alberta Investment Management Corporation; B. ... CDPQ Infra; L. Local Authorities Pension Plan; O. OMERS; Ontario Pension Board; Ontario Retirement Pension Plan ...
Pension Benefits Standards Act, RSBC 1996 C. 352: British Columbia Financial Institutions Commission 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
Alberta Heritage Savings Trust Fund; ... Local Authorities Pension Plan; M. ... Onex Corporation; Ontario Pension Board; Ontario Teachers' Pension Plan; P. Pembroke ...
Many U.S. cities are allowed to participate in the pension plans of their states; some of the largest have their own pension plans. The total number of local government employees in the United States as of 2020 is 14.3 million. There are 11.1 million full-time and 3.1 million part-time local-government civilian employees as of 2020. [16]