What's New at LAPP?

 2016 Annual Report

2016 Annual Report - June 26, 2017

 Annual Statements Ready Soon

Pension Highlights Statements

Your Pension Highlights (formerly the member annual statement) gives you a high level look at the activity of your pension for the last year, including:

  • your pensionable salary,
  • the service you have earned, and
  • how much pension you have earned so far, if any.
           read more

Pension Highlights are sent each year after employers submit their year-end member information. Even if you are no longer contributing, but have left funds in the Plan, this annual statement lets you make sure all of your information is correct and up-to-date.

The statements are sent in the mail, unless you have chosen to Go Green. In that case, your statement will be available on mypensionplan.ca. To Go Green and get e-mail notifications when annual statements, newsletters and other publications are available online, visit mypensionplan.ca and select “Address and Contact Information.”

I would like to see a sample Pension Highlights with explanations of each section on it.

I would like to learn more about mypensionplan.
 


 

Pensioner Annual Statements

Retired members will receive their Pensioner Annual Statement soon. This yearly statement gives you a high level look at your pension benefits, including:

  • the amount of your cost of living adjustment (COLA),
  • the amount of your pension payments, and
  • information about your pension partner and listed beneficiaries (if it applies to you).
           read more

The statements are sent by mail or electronically if you have chosen to Go Green. In that case, your statement will be available on mypensionplan.ca. To Go Green and get e-mail notifications when annual statements, newsletters and other publications are available online, visit mypensionplan.ca and select “Address and Contact Information.”

You can also go online to mypensionplan.ca to see the history of your pension, send and receive messages online through the Secure Mailbox, manage your banking and direct deposit information, and update your address and contact information.

I would like to see a sample Pensioner Annual Statement with explanations of each section on it.


 


 2016 Tax Slips are coming. Update your address today!

The 2016 tax slips will be mailed out in the last two weeks of February 2017. Please go online to mypensionplan.ca to confirm that we have your correct mailing address.  Don’t want to wait for the mail? You can also view and print your tax slips online at mypensionplan.ca starting on February 8, 2017.
 

 Quarterly Report

LAPP Quarterly Investment Report 2016 Q3

 Contribution Rate Advisory for 2017

The LAPP Board of Trustees is pleased to announce that there will be no contribution rate increase for members and employers in 2017 and none is currently proposed for 2018.

           read more

LAPP contribution Rates have remained the same since 2014, and as the funded position of the Plan continues to improve, the Board is comfortable projecting that rates should not have to increase in the next two years either.

The decision is part of the Board's unanimous approval of its 2015 Actuarial Valuation.

The Board's practice is to set rates far enough in advance to allow employers and members time to budget.

 

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