# Alberta School Employee Benefit Plan

Alberta School Employee Benefit Plan is an Insurance based in Edmonton, Canada.

## Overview

- **Organization type:** Insurance
- **Headquarters:** Edmonton, Canada
- **Region:** North America
- **Address:** Suite 301, 6104-104 Street NW, Edmonton, Alberta T6H 2K7, Canada
- **Founded:** 1968
- **Assets under management:** Undisclosed
- **Website:** asebp.ca
- **LinkedIn:** https://www.linkedin.com/company/asebp

## Regulatory record

- **Reports private funds:** No

## About

The Alberta School Employee Benefit Plan (ASEBP) was established in 1968. It provides insurance and retirement benefits to members of the Alberta School Boards Association and the Alberta Teachers' Association. ASEBP invests in alternative asset classes, including private equity, with a focus on the biotech and life science sectors.

## Sectors

- Healthcare Services
- Real Estate

## People

- Kelli Littlechilds — Chief Executive Officer
- Jocelyn Plakas-Lock — Interim CEO and Chief Operating Officer
- Daryl Scott — Chair of the Board of Trustees
- Nazz Baksh — Director of Financial Services

## Questions

### Who governs ASEBP, and how does that governance shape investment decisions?

ASEBP is governed by a ten-member Board of Trustees chaired by Daryl Scott. The Alberta Teachers' Association appoints five trustees and the Alberta School Boards Association appoints the other five, creating a joint-trusteeship model that requires consensus between organized labor and management. Every investment and benefit decision must satisfy both parties, which produces a capital-preservation-first posture designed to withstand provincial funding disputes and labor actions without disrupting claim payments.

### How does ASEBP invest its reserves?

ASEBP follows a liability-driven investment framework typical of Canadian benefit trusts. The portfolio is heavily weighted toward investment-grade Canadian fixed income for duration matching against long-dated health claims, supplemented by a smaller return-seeking sleeve that includes direct commercial real estate — such as the Allendale Centre East in Edmonton — and tangible capital assets. No public details on external fund commitments or specific fixed-income managers are available.

### What is ASEBP's relationship to the Alberta Teachers' Association and the Alberta School Boards Association?

Both organizations are the plan's joint founders and governing sponsors. They created ASEBP to provide benefits to education workers across the province's public, separate, and charter school systems. Each appoints five trustees, ensuring neither the union nor management bloc can unilaterally control benefit levels, contribution rates, or investment policy.

## Related profiles

- [Albert Einstein Medical Center Employees Retirement Plan](https://altss.com/profile/albert-einstein-medical-center-employees-retirement-plan)
- [Albuquerque Academy Endowment](https://altss.com/profile/albuquerque-academy-endowment)

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

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