On April 16, 2014, the government of Alberta tabled Bill 9, Public Sector Pension Plans Amendment
Act, 2014 (Bill 9), which proposes significant changes to
public sector pension plans in Alberta.
In this blog post, I will discuss proposed changes that, if
passed, will impact the Management Employees Pension Plan (MEPP),
Local Authorities Pension Plan (LAPP), Public Service Pension Plan
(PSPP) and Special Forces Pension Plan (SFPP). (Note that Bill 9
also addresses the Universities Academic Pension Plan and Public
Service Management (Closed Membership) Pension Plan.)
Closure of MEPP
MEPP will be closed to individuals who were not participants at
the end of 2015 (including those who terminate membership after
2015 and subsequently become re-employed). The proposed changes
include a new provision on termination of the plan. It provides
that benefits are payable only to the extent assets are available
to pay them, subject to any Crown liability for
