Administrator - Alberta Pensions Services Corporation (APS): The Minister has delegated the administration of benefits of the Plan to APS. APS was created as a corporation in 1995 with the Government of Alberta as the sole Shareholder.
Investment Manager - Alberta Investment Management Corporation (AIMCo): The Minister has delegated investment management functions to AIMCo. AIMCo is responsible for investing and managing the assets of PSPP. It operates independently and at arm’s-length from the Government of Alberta.
Auditor - The Auditor General of Alberta conducts an independent audit of the financial statements of PSPP to ensure they are presented fairly in all material aspects and in accordance with Canadian generally accepted accounting principles. By legislation, the Auditor General of Alberta is the auditor of all government ministries, departments, regulated funds, and most provincial agencies.
Ministry of Treasury Board and Finance - The Pension Policy department of the Ministry develops legislation and policy for the Alberta public sector pension plans, monitors the various delegations and the delivery of service by the various organizations, and advises the President of Treasury Board and Minister of Finance of his/her responsibilities as trustee and administrator of the Plan.
The Board’s consultants are selected through a Request for Proposals (RFP) process that is conducted every five years, or earlier as determined by the Board, to ensure it continues to receive the best value of services. Current consultants include:
Actuary - George & Bell Consulting Inc. provides actuarial and pension consulting services to the Board.
Investment Consultant - Aon Hewitt provides investment consulting services to the Board.
Communications Consultant - Morneau Shepell provides communications consulting services to the Board and PSPP.