This article has multiple issues. Please help improve it or discuss these issues on the talk page . (Learn how and when to remove these template messages)
|
Type | Crown corporation |
---|---|
Industry | Fund administration |
Founded | 1995 |
Headquarters | Edmonton, Alberta, Canada |
Owner | Government of Alberta |
Number of employees | 201 - 500 |
Website | www |
The Alberta Pensions Services Corporation (APS) is a Crown corporation responsible for providing pension benefit administration services for public-sector employees in Alberta, Canada.
Based in Edmonton, APS administers seven statutory public sector pension plans, including its largest client LAPP (which contributes 72% of the annual operating budget), and two supplementary retirement plans on behalf of the Government of Alberta. [1]
A pension is a fund into which amounts are paid regularly during the individual's working career, and from which periodic payments are made to support the person's retirement from work. A pension may be:
A pension fund, also known as a superannuation fund in some countries, is any program, fund, or scheme which provides retirement income.
Telus Communications Inc. (TCI) is the wholly owned principal subsidiary of Telus Corporation, a Canadian national telecommunications company that provides a wide range of telecommunications products and services including internet access, voice, entertainment, healthcare, video, smart home automation and IPTV television. The company is based in the Vancouver, British Columbia, area; it was originally based in Edmonton, Alberta, before its merger with BC Tel in 1999. Telus' wireless division, Telus Mobility, offers UMTS, and LTE-based mobile phone networks. Telus is the incumbent local exchange carrier in British Columbia and Alberta. Telus' primary competitors include Shaw Communications. It also competes in the mobile sector with Shaw Communications, Rogers Communications and Bell Canada. Telus is a member of the British Columbia Technology Industry Association.
LAPP, formerly known by its expanded acronym, the Local Authorities Pension Plan, is the largest pension plan in Alberta and the seventh largest in Canada.
Canada Lands Company Limited is a self-financing federal Crown corporation reporting to the Parliament of Canada through Public Services and Procurement Canada. The company is responsible for managing property on behalf of the federal government, conducting public consultation and integrating properties back into their surrounding communities for development. Most of its assets are located in Canadian urban centres, and are sold after the CLC revalued the property by providing managerial support and subsidizing immediate costs such as decontamination. However, the company retains ownership of some of Canada's most valued properties, such as Downsview Park, the CN Tower, the Old Port of Montreal and the Montreal Science Centre, from which it draws rental and hospitality revenues.
Pensions in the United States consist of the Social Security system, public employees retirement systems, as well as various private pension plans offered by employers, insurance companies, and unions.
Roderick Neil Brown, Q.C. is a lawyer, biologist, Canadian politician and former Member of the Legislative Assembly of Alberta, representing the constituency of Calgary-Nose Hill as a Progressive Conservative.
Alberta Municipal Affairs is a ministry of the Executive Council of Alberta. Its major responsibilities include assisting municipalities in the provision of local government, administering the assessment of linear property in Alberta, administering a safety system for the construction and maintenance of buildings and equipment, and managing Alberta's network of municipal and library system boards.
The Ministry of Finance is a ministry within the Government of India concerned with the economy of India, serving as the Treasury of India. In particular, it concerns itself with taxation, financial legislation, financial institutions, capital markets, centre and state finances, and the Union Budget.
The Australian Public Service (APS) is the federal civil service of the Commonwealth of Australia responsible for the public administration, public policy, and public services of the departments and executive and statutory agencies of the Government of Australia. The Australian Public Service was established at the Federation of Australia in 1901 as the Commonwealth Public Service and modelled on the Westminster system and United Kingdom's Civil Service. The establishment and operation of the Australian Public Service is governed by the Public Service Act 1999 of the Parliament of Australia as an "apolitical public service that is efficient and effective in serving the Government, the Parliament and the Australian public". The conduct of Australian public servants is also governed by a Code of Conduct and guided by the APS Values set by the Australian Public Service Commission.
The Alberta Union of Provincial Employees (AUPE) is a Canadian trade union operating solely in the province of Alberta. With approximately 95,000 members as of March 2019, it is Alberta's largest union. AUPE is primarily a public sector union, with members employed in government, health care, education, boards and agencies, municipalities, and occasionally private companies.
Alberta Investment Management Corporation (AIMCo) is a Canadian Crown corporation and institutional investor established to manage several public funds and pensions headquartered in Edmonton, Alberta. AIMCo was established by an act of the Legislative Assembly of Alberta in 2008 under the government of Progressive Conservative Premier Ed Stelmach.
Crown corporations in Canada are government organizations with a mixture of commercial and public-policy objectives. They are directly and wholly owned by the Crown.
The Canada Pension Plan Investment Board, operating as CPP Investments, is a Canadian Crown corporation established by way of the 1997 Canada Pension Plan Investment Board Act to oversee and invest the funds contributed to and held by the Canada Pension Plan (CPP).
Alison Merrilla Redford is a Canadian lawyer and former politician. She was the 14th premier of Alberta, having served in this capacity from October 7, 2011, to March 23, 2014. Redford was born in Kitimat, British Columbia and grew up all over Canada and overseas before settling in Calgary as a teenager.
The Ontario Municipal Employees Retirement System (OMERS) is a Canadian public pension fund, headquartered in Toronto, Ontario. OMERS is a defined benefit, jointly sponsored, multi-employer public pension plan created in 1962 by Ontario provincial statute to administer retirement benefits and manage pension investment funds of local government employees in the Canadian province of Ontario. As of December 31, 2022, OMERS had C$124 billion of assets under management. OMERS serves over 1,000 participating employers and more than half a million active, deferred and retired employees. OMERS members are employed by municipalities, school boards, transit systems, local electrical distribution companies, police service boards, fire fighting and paramedic services, children's aid societies and associated local agencies, boards and commissions.
Defined benefit (DB) pension plan is a type of pension plan in which an employer/sponsor promises a specified pension payment, lump-sum, or combination thereof on retirement that depends on an employee's earnings history, tenure of service and age, rather than depending directly on individual investment returns. Traditionally, many governmental and public entities, as well as a large number of corporations, provide defined benefit plans, sometimes as a means of compensating workers in lieu of increased pay.
The Public Sector Pension Investment Board is a Canadian Crown corporation established by an act of Parliament in September 1999. PSP Investments is one of Canada's largest pension investment managers, with CAD $204.5 billion of net assets under management as at March 31, 2021. It invests funds for the pension plans of the Public Service, the Canadian Armed Forces, the Royal Canadian Mounted Police and the Reserve Force.
BC Pension Corporation is one of the largest pension plan administrative agents in Canada with assets in excess of CA$123.6 billion. Created in 2000 with the passage of the Public Sector Pension Plans Act, the corporation provides pension administration services on behalf of British Columbia's College, Municipal, Public Service, Teachers', and WorkSafeBC pension plans for each of their plan members and employers.
HDFC Life Insurance Company Limited is a long-term life insurance provider headquartered in Mumbai, offering individual and group insurance services and it was incorporated on 14 August 2000.