Pensions in Alberta - Overview

There are several types of pensions for people in the province of Alberta.  Most pension plans fall into one of four categories:

  1. Private sector employment pensions - pension plans established by private sector employers (or groups of employers or unions) for their employees;

  2. Public sector employment pensions - pension plans for employees working in the public sector, (provincial and municipal public service, health and education);
Are you a member of one of the
public sector pension plans?
Are you a member of the Teachers' Pension Plan or Private School Teachers' Plan?
See more information, or visit the Alberta Pensions Services Corporation (APS)
See more information, or visit the Alberta Teachers' Retirement Fund Board (ATRF) website.
  1. Retirement income programs administered by the federal government for Canadians - these include the Canada Pension Plan (CPP), Old Age Security (OAS) and the Guaranteed Income Supplement (GIS). Further information on these programs is available from the federal government. The provinces are joint stewards of the Canada Pension Plan along with the federal government and help establish policy for the Canada Pension Plan; and

  2. Alberta Seniors Benefit Program – provides support in addition to the federal benefits received under Old Age Security, Guaranteed Income Supplement, Federal Allowance and the GST credit.  It is based on income and provides monthly benefits to eligible seniors.
For more information on benefits and programs for seniors, see:

Quick Facts - Programs and Services for Seniors (pdf)
from the Alberta Seniors and Housing website.

Please note that pension plans established by companies in federally regulated industries (such as banks, airlines, and telecommunications companies) are governed by the federal pension standards legislation, the Pension Benefits Standards Act, (1985) (Canada). The federal government's Office of the Superintendent of Financial Institutions is the primary regulator and supervisor of federally regulated private sector pension plans. The federal government also manages the pension plans for federal public service employees.

For information on accessing pension funds, click here for the “Accessing Pension Funds" guide.

Back to Top

Pensions News and E-Update Service

EPPA Update 18-02: Annual Information Return - 2018
April 10, 2018

In accordance with Section 38(1)(a) of the Employment Pension Plans Act and Section 47 of the Employment Pension Plans Regulation (Regulation), the annual information return (AIR) must be filed within 180 days of the fiscal year end of the plan. Form FSRP0019 is an information copy of the AIR that may be used to assist when entering the data in the online filing site:

EPPA Update 18-01: Defined Benefit Funding Relief Provisions - 2018
March 23, 2018

  • In accordance with Section 5 of the Employment Pension Plans Act, the Superintendent of Pensions is now accepting applications from defined benefit pension plan administrators to extend the solvency deficiency amortization period by up to 10 years. This relief is intended to assist plan sponsors with the financial pressures associated with the ongoing low interest rate environment. This update is designed to instruct administrators on the requirements of the solvency relief and identify any special filing requirements related to those options. Read EPPA Update 18-01.

Superintendent's List updated
March 1, 2018

Changes Reflecting the 2018 YMPE (Year’s Maximum Pensionable Earnings)
January 2, 2018

EPPA Update 17-03: Government of Alberta Amends Employment Pension Plans Regulation
November 21, 2017

  • On November 21, 2017, the Government of Alberta amended the Employment Pension Plans Regulation (Regulation) to establish a new commuted value payout option available to Collectively Bargained Multi-Employer Plans (CBMEPs) that are under a solvency moratorium. Read EPPA Update 17-03 and the amendment to the Regulation.

Superintendent of Pensions 2016 Pensions Statistics Report
November 10, 2017

EPPA Update 17-02: Filing Fee for Pension Plans effective October 1, 2017
Posted September 19, 2017

  • In accordance with Section 153 of the Employment Pension Plans Regulation, the Superintendent of Pensions advises that the annual filing fee rate in Alberta effective October 1, 2017 is $2.50. Read EPPA Update 17-02.

EPPA Update 17-01: Filing Extension for Actuarial Valuation Reports
September 12, 2017

  • In accordance with Section 5 of the Employment Pension Plans Act, the Superintendent of Pensions advises that the deadline to file actuarial valuation reports as at December 31, 2016 has been extended six months to March 31, 2018 for all pension plans except Collectively Bargained Multi-Employer Plans. For actuarial valuation reports due to be filed between September 27, 2017 to December 31, 2017 a six month extension is also granted. Read EPPA Update 17-01.

Draft Interpretive Guideline IG-12
March 28, 2017

Draft Interpretive Guideline IG-05
March 1, 2017

Further Extension for Completion of Governance Policy to December 31, 2017
- posted December 20, 2016

  • Pension plans administrators were to have a governance policy in place by December 31, 2016. Based on stakeholder feedback and in order to have the governance and associated polices better align with the triennial plan assessment review, the Superintendent of Pensions has further extended the deadline for having a governance policy to December 31, 2017.

    In addition, the Superintendent of Pension’s Office will be making substantive changes to Interpretive Guideline #12 – Governance, Investment and Funding Policies. The revised Guideline will be released by March 31, 2017 and will contain more information on how the governance policy will need to be constructed and processes that can be used to make the triennial plan assessment review more effective and efficient for plan administrators.

    Please note that the governance policy is not to be filed with the Superintendent.

Back to Top

Subscription Service: Subscribe to our Employment Pensions E-Update

  • The purpose of our electronic update is to keep subscribers up-to-date and informed about major changes to the Employment Pensions website and the documents residing on that site (including changes to legislation and policies). Subscribe today!

Back to Top

Page last updated:  April 19, 2018