Alberta Pensions Services Corporation

Alberta Pensions Services Corporation (APS)
Industry Pension Administration
Founded 1995
Headquarters Edmonton, Alberta, Canada
Number of employees
230
Website www.apsc.ca

Alberta Pensions Services Corporation, or APS, is a pension administration entity located in Edmonton, Alberta, Canada. On behalf of the Government of Alberta, APS administers seven statutory public sector pension plans and two supplementary retirement plans.[1]

History

The Public Service Pension Administration was originally a division within the Alberta Treasury Department (now Alberta Finance). In 1995, Alberta Pensions Administration Corporation (APA) was incorporated under Alberta's Business Corporations Act [2] with the Government of Alberta as the sole shareholder.[3] In 2009, Alberta Pensions Administration Corporation changed its name to Alberta Pensions Services Corporation.[4]

Governance

The Government of Alberta is the sole shareholder of Alberta Pensions Services Corporation. APS has a Board of Directors composed of 10 members: the Chair, one director nominated by each of the Local Authorities Pension Plan (LAPP), Public Service Pension Plan (PSPP), Management Employees Pension Plan (MEPP) and Special Forces Pension Plan (SFPP) boards; a representative of the shareholder; and four independent directors who are not employed by the Government of Alberta.[5]

Pension Administration

APS currently provides pension administration services to over 500 participating employers across Alberta and pension-related services to more than 320,000 members and pensioners.[6] These services include:

The Plans

APS administers the following plans on behalf of its sole shareholder, the Alberta Minister of Finance:

References

  1. "About Us Section - Alberta Pensions Services Corporation Corporate Website". August 2011. Retrieved August 2011. Check date values in: |access-date= (help)
  2. "Business Corporations Act - Alberta's Queen's Printer Website". May 2011. Retrieved August 2011. Check date values in: |access-date= (help)
  3. "Agencies Accountable to the Alberta Minister of Finance - Government of Alberta Website". August 2011. Archived from the original on 28 July 2011. Retrieved August 2011. Check date values in: |access-date= (help)
  4. "Frequently Asked Questions Section - Alberta Pensions Services Corporation Corporate Website". August 2011. Retrieved August 2011. Check date values in: |access-date= (help)
  5. "Board of Directors Section - Alberta Pensions Services Corporation Corporate Website". August 2011. Retrieved August 2011. Check date values in: |access-date= (help)
  6. "2013 APS Annual Report - Alberta Pensions Services Corporation Corporate Website" (PDF). May 2014. Retrieved June 2014. Check date values in: |access-date= (help)
  7. "Public Service Pension Plan Website". August 2011. Retrieved August 2011. Check date values in: |access-date= (help)
  8. "Local Authorities Pension Plan Website". August 2011. Retrieved August 2011. Check date values in: |access-date= (help)
  9. "About MEPP Section - Management Employees Pension Plan Website". August 2011. Retrieved August 2011. Check date values in: |access-date= (help)
  10. "Special Forces Pension Plan Website". August 2011. Retrieved August 2011. Check date values in: |access-date= (help)
  11. "Judges Member Handbook" (PDF). December 2003. Retrieved August 2011. Check date values in: |access-date= (help)
  12. "About SRP Section - Alberta Pensions Services Corporation Website". August 2011. Retrieved August 2011. Check date values in: |access-date= (help)
  13. "Department of Justice Canada Website". June 2011. Retrieved August 2011. Check date values in: |access-date= (help)
  14. "Closed Plan Section - Alberta Pensions Services Corporation Website". August 2011. Retrieved August 2011. Check date values in: |access-date= (help)
  15. "Members of the Legislative Assembly Pension Plan Section - Alberta Pensions Services Corporation Corporate Website". August 2011. Retrieved August 2011. Check date values in: |access-date= (help)

External links

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