The Local Authorities Pension Plan (LAPP) has a proud 57+ year history of providing stable and secure pensions to workers in Alberta’s health care, municipal and education sectors. With over 275,000 members and assets in excess of C$50 billion, LAPP is one of Canada’s leading pension plans and a model for success in today’s complex pension landscape.
March 1, 2019 ushered in a new and exciting chapter in the Plan’s history, as LAPP became a jointly sponsored pension plan. The Plan operates under a new governance structure, built on equal representation from LAPP’s contributing members and employers. It features two new boards and an innovative, evolving Corporation, which together guide the Plan into a promising future for all stakeholders.
LAPP Corporation acts as trustee and administrator of LAPP and provides supports to both Boards and is responsible for managing the Plan in the best interests of its members. LAPP Corporation is responsible for overseeing the work of service providers for the Plan to ensure the delivery of pension benefits and the long-term sustainability of the Plan.
LAPP Corporation is a growing organization of enthusiastic, talented people who expertly manage risk, strategically deliver solutions and earnestly support the important work of providing a secure lifetime pension for many thousands of Albertans.
If you are a visionary thinker who is looking for exciting opportunities to join a proactive, pioneering and energetic team, consider the possibilities with LAPP Corporation. Stay at the forefront of your career and ensure you are Always a LAPP Ahead!