LAPP is a jointly sponsored pension plan. This means Plan sponsors, LAPP members (employees) and the LAPP member employers who pay into the Plan, have equal say in how the Plan is managed. The Sponsor Board and LAPP Corporation work together to accomplish important shared objectives such as ensuring pension benefits are paid to members and overseeing the financial health and longevity of the Plan.
The sponsor groups appoint representatives to the Sponsor Board, which is legislated to make important decisions about your Plan including pension benefits, eligibility rules, and contributions. The Sponsor Board also plays a key role in determining the risk appetite for the Plan, setting the Funding Policy, and establishing contribution rates. Together these actions form the framework for how LAPP is funded.
The Sponsor Board will also meet with important employer and employee stakeholders of the Plan, who come together twice a year as the LAPP Stakeholder Consultation Group (SCG) to provide valuable feedback. If your employee or employee group is interested in participating in the SCG, please email email@example.com.
Documents such as Sponsor Board expenses can be found in Governance Publications as they are posted.
Susan is appointed by Alberta Health Services (AHS).
Gil is appointed by the Alberta Federation of Labour (AFL).
David is appointed by LAPP Corporation.
Moira is appointed by the City of Calgary.
Rory is appointed by the Canadian Union of Public Employees (CUPE).
Darren is appointed by the Alberta Union of Provincial Employees (AUPE).
Kent is appointed by the Alberta Post-Secondary Network (APSN).
Leland is appointed by Alberta Health Services (AHS).
Aaron is appointed by Alberta Health Services (AHS).
Mike is appointed by the Health Sciences Association of Alberta (HSAA).
Jason is appointed by the Rural Municipalities of Alberta (RMA).
Heather is appointed by the United Nurses of Alberta (UNA).