Risk Management

Risk management is a healthy obsession at LAPP. It's at the heart of everything we do.

We owe pensions to 281,764 LAPP members, now and well into the future. That is a big responsibility and we take it very seriously. To meet those obligations we must keep the Plan well-funded and focus on its long-term sustainability.

To that end, risk management remains a strategic priority at LAPP as we work to ensure that all risks are identified, quantified, managed, and mitigated. LAPP Corporation, as part of its fiduciary duty to members, manages a spectrum of risks facing the Plan and develops a strategy for dealing with them in advance.

LAPP Corporation reports on its risks in a report called the Enterprise-Wide Risk Management Framework. This report is a comprehensive assessment of all risks facing LAPP and it covers the integrated responsibilities of LAPP Corporation and its Corporate Board, the Sponsor Board, and our service providers APS and AIMCo.

Some of the risks that need to be managed by LAPP Corporation include:

  • Governance and strategy risk;
  • Funding and investments risk;
  • Operational and administrative risk;
  • Legal and regulatory risk; and
  • Reputational risk.

In This Section

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

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In This Section

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

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In This Section

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

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