LAPP 2013 Annual Report

LAPP 2013 Annual Report

Financially, 2013 was a successful year for LAPP, with the fund achieving an 11.3% return on investments, the second year of double-digit returns and the third year of improvements to the Plan's funded ratio.

LAPP's 2013 Annual Report provides both summary and in-depth information pertaining to the Plan's financial position at year end and also provides discussion and analysis of what turned out to be an eventful year with respect to deliberations on pension reform.

The Annual Report also introduces you to a few of the 230,000 LAPP members from across Alberta who have graciously allowed their photos to be taken for this publication.

Enjoy!

Sheri Wright
VP Stakeholder Relations
Local Authorities Pension Plan