# Alberta Public Service Pension Plan (PSPP)

Alberta Public Service Pension Plan (PSPP) is a Pension Fund based in Edmonton, Canada.

## Overview

- **Organization type:** Pension Fund
- **Headquarters:** Edmonton, Canada
- **Region:** North America
- **Founded:** 1995
- **Assets under management:** 14400 (Altss estimate)
- **Website:** apsc.ca
- **LinkedIn:** linkedin.com/company/alberta-pensions-services-corporation-aps-

## Regulatory record

- **Reports private funds:** No

## About

The Alberta Public Service Pension Plan was established by the Alberta Legislature to provide defined-benefit pensions to provincial public servants. Lynette Martin leads PSPP Corporation while David Lardner chairs the board as AUPE representative. The Government of Alberta acts as plan sponsor and the Alberta Union of Provincial Employees holds formal governance seats. Assets include a $5.55 billion global public equities book, a $2.562 billion infrastructure portfolio and $504 million in renewable and natural resources holdings, all managed by AIMCo. The plan also maintains private equity exposure through AIMCo pools and a 49 percent ownership interest in the Enel Green Power wind projects. Geographic reach covers Canada and global developed markets. PSPP belongs to the Pension Investment Association of Canada. It maintains service relationships with AIMCo for investments, Alberta Pensions Services Corporation for administration, the Auditor General of Alberta for external audit and BMKP Law for legal counsel. October 2024: David Lardner spoke at the AUPE Convention on pension sustainability and investment performance. Governance separates plan sponsorship by the Government of Alberta from day-to-day investment execution by AIMCo and administration by APS, with AUPE-appointed board members providing member oversight.

## Sectors

- Infrastructure
- Renewable Energy
- Private Equity
- Public Equities

## People

- Lynette Martin — Chief Executive Officer of PSPP Corporation
- David Lardner — Chair of the PSPP Board of Directors

## Questions

### Who runs investment decisions at PSPP?

AIMCo serves as the primary investment manager under a mandate that began in 2008. The PSPP Board sets high-level policy while AIMCo executes public equity, infrastructure and private equity allocations.

### Does PSPP participate in fund commitments or only direct deals?

The plan accesses private equity and infrastructure through AIMCo-managed pools and joint ventures. A 49 percent ownership stake in the Enel Green Power wind projects illustrates direct co-investment activity.

### How is PSPP related to the Government of Alberta?

The Government of Alberta acts as plan sponsor. It established PSPP through legislation and maintains ongoing funding and governance responsibilities alongside AUPE.

## Related profiles

- [B. Riley Wealth Management](https://altss.com/profile/b-riley-wealth-management)
- [Baloise Insurance](https://altss.com/profile/baloise-insurance)

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Last updated: 2026-06-03T20:00:00.000Z

Canonical page: https://altss.com/profile/alberta-public-service-pension-plan-pspp

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