A lot of moving parts need to work together in the operation of a pension plan as large as LAPP.
To help with some of these tasks, LAPP contracts the services of organizations that perform actuarial valuations, assist in the day-to-day functions of the Plan such as calculating pensions and taking member calls, as well as investing the Plan fund. Collaboration and innovation among the key players that assist LAPP Corporation in delivering on its duty to pay pensions and protect the Plan fund are key to our success, and you can read about this in Working Together.
In Pension Benefit Administration Services you can learn about the organization that interacts with Plan members on matters relating to pension benefit administration. To learn more about who invests LAPP’s assets on behalf of the Plan, visit Investment Management Services.