SUMMARY — Alberta Pension Plan

Alberta Pension Plan: Overview and Civic Context

The Alberta Pension Plan is a provincial initiative designed to provide retirement income security for residents of Alberta, distinct from the federal Canada Pension Plan (CPP). While the CPP is a national program managed by the federal government, the Alberta Pension Plan operates under provincial jurisdiction, reflecting Alberta’s unique approach to social policy and fiscal planning.

What is the Canada Pension Plan?

The Canada Pension Plan (CPP) is a contributory, earnings-related social insurance program. It provides retirement, disability, and survivor benefits to Canadians. Both employees and employers contribute a percentage of earnings, and the fund is managed by CPP Investments, one of the world's largest pension fund managers.