LAPP is proud to help ensure the financial needs of over 265,000 Albertans, some working and some retired. Your LAPP defined benefit (DB) pension is a source of reliable and secure income in retirement that you can count on for as long as you live. Unlike some other retirement plans, you will never outlive your LAPP pension.
Recent studies show that retirees with stable and predictable incomes support local economies and businesses by spending their monthly pension dollars in their communities. Retirees with defined benefit pensions are also less likely to rely on taxpayer-funded programs such as GIS, OAS, and Alberta Seniors Financial Assistance programs.
Watch the video and join Benny, your pension guide, to discover all the ways your LAPP pension has value.