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Annual Reports

In 2023 LAPP celebrated many successes for our members and employers. In a year of considerable economic uncertainty as a result of persistent inflation and slowing global growth, LAPP delivered a solid performance.

Last year we welcomed over 18,000 new members into LAPP and are proud to say that currently 1 in 12 Albertan adults are LAPP members.

Download the 2023 Annual Report

2023 Highlights

Net assets (what is available for benefits)

$63.338 billion

Pension obligations (current and future accrued pension benefits)

$48.281

Surplus

$15.057 billion up from
$12.671 billion in 2022
Accounting financial position

Accounting funded ratio

131% funded up from
128% in 2022

Total membership

304,451 up from
291,259 in 2022

Total employers

444 up from
437 in 2022

Card Titled Your Plan is in Good Hands

In This Section

Read all about the governance, oversight, and operational functions that ensure your LAPP pension is on track.

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Card Titled Your Plan has Value

In This Section

Gain valuable information on how your pension will help support you in retirement.

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Card titled Your Pension is Secure

In This Section

Learn how the LAPP pension fund is professionally managed to provide you with a secure retirement income.

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