LAPP Corporation, overseen by the Corporate Board of Directors, is the administrator and trustee of the Plan.
The Corporation is responsible for the administration of the pension benefit and to ensure that pensions are paid to members.
This is done by providing strategic guidance for the Plan, managing risk and ensuring the long-term sustainability of LAPP.
The Directors are appointed by the same employee (LAPP member) and employer (LAPP employer) sponsor groups that appoint the Sponsor Board.
The Corporate Board is responsible for establishing a Statement of Investment Policies and Procedures (SIPP) which outlines the asset allocation for the fund, based on the risk appetite set by the Sponsor Board.
Darren is appointed by Alberta Health Services (AHS).
Garry is appointed by the Alberta Union of Provincial Employees (AUPE).
Robert is appointed by Alberta Health Services (AHS).
Steve is appointed by the Alberta Federation of Labour (AFL).
Maria is appointed by the City of Calgary.
Tina is appointed by Alberta Health Services (AHS).
Kent is appointed by the Council of Post-Secondary Presidents of Alberta.
Peter is appointed by the Canadian Union of Public Employees (CUPE).
Soren is appointed by the Rural Municipalities of Alberta (RMA).
Liz is appointed by the Health Sciences Association of Alberta (HSAA).
Richard is appointed by the United Nurses of Alberta (UNA).