{"id":2682,"date":"2022-07-26T00:00:00","date_gmt":"2022-07-26T04:00:00","guid":{"rendered":"https:\/\/beta.cancea.ca\/index.php\/2022\/07\/26\/2021-economic-contribution-of-public-pension-plans-in-alberta\/"},"modified":"2022-11-21T13:58:39","modified_gmt":"2022-11-21T18:58:39","slug":"2021-economic-contribution-of-public-pension-plans-in-alberta","status":"publish","type":"post","link":"https:\/\/www.cancea.ca\/index.php\/2022\/07\/26\/2021-economic-contribution-of-public-pension-plans-in-alberta\/","title":{"rendered":"2021 Economic Contribution of Public Pension Plans in Alberta"},"content":{"rendered":"<p>With more than 400,000 active, deferred vested, and retired members living in Alberta, LAPP, ATRF, PSPP and SFPP make up a significant proportion of the defined benefit pension plan membership in Alberta. Members of the Plans include union and non-union employees of municipalities, health services, schools, transit systems, electrical utilities, emergency services, the provincial government, children\u2019s aid societies and other public service organizations across Alberta. The contributions of members and employers are invested around the world by the Plans to provide each member with a stable and secure source of retirement income. The impacts of the Plans\u2019 investments can be found across Alberta, and Albertans benefit from the economic capacity and activity generated by local investments and pension recipients.<\/p>\n<p>The Plans contributed over $4.8 billion to provincial GDP in 2021 through their activities in Alberta, equivalent to 1.5% of Alberta\u2019s economy. This supported over 43,700 jobs and $2.2 billion in wages for Albertans, and over $1 billion in combined federal and provincial government revenue through corporate, income, and consumption taxes. The impact of the Plans\u2019 activities on Alberta\u2019s population is widespread and supports many local jobs. This provides a benefit to the people with whom they share a household since the employment supported by the Plans contributes to each household\u2019s total income. In total, there were almost 504,000 Albertans who benefitted from the Plans\u2019 activities in 2021, counting those living in households with a person whose wage is supported by the Plans and those who are Plan members.<\/p>\n<div class=\"elementor-element elementor-element-cf20230 elementor-widget elementor-widget-button\" data-id=\"cf20230\" data-element_type=\"widget\" data-widget_type=\"button.default\">\n<div class=\"elementor-widget-container\">\n<div class=\"elementor-button-wrapper\"><a class=\"elementor-button-link elementor-button elementor-size-sm\" role=\"button\" href=\"https:\/\/www.cancea.ca\/wp-content\/uploads\/2022\/11\/2021-Economic-Contribution-of-Public-Pension-Plans-in-Alberta.pdf\" target=\"_blank\" rel=\"noopener\"> <span class=\"elementor-button-content-wrapper\"><span class=\"elementor-button-text\">Download the Report<\/span><\/span> <\/a><\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>With more than 400,000 active, deferred vested, and retired members living in Alberta, LAPP, ATRF, PSPP and SFPP make up a significant proportion of the defined benefit pension plan membership in Alberta. Members of the Plans include union and non-union employees of municipalities, health services, schools, transit systems, electrical utilities, emergency services, the provincial government, &hellip;<\/p>\n<p class=\"read-more\"> <a class=\"\" href=\"https:\/\/www.cancea.ca\/index.php\/2022\/07\/26\/2021-economic-contribution-of-public-pension-plans-in-alberta\/\"> <span class=\"screen-reader-text\">2021 Economic Contribution of Public Pension Plans in Alberta<\/span> Read More &raquo;<\/a><\/p>\n","protected":false},"author":1,"featured_media":1109,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"default","ast-global-header-display":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"default","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":""},"categories":[110,112,109,103,101,106,102,115,113,114,108,104,111,97],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>2021 Economic Contribution of Public Pension Plans in Alberta - Canadian Centre for Economic Analysis<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.cancea.ca\/index.php\/2022\/07\/26\/2021-economic-contribution-of-public-pension-plans-in-alberta\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"2021 Economic Contribution of Public Pension Plans in Alberta - Canadian Centre for Economic Analysis\" \/>\n<meta property=\"og:description\" content=\"With more than 400,000 active, deferred vested, and retired members living in Alberta, LAPP, ATRF, PSPP and SFPP make up a significant proportion of the defined benefit pension plan membership in Alberta. Members of the Plans include union and non-union employees of municipalities, health services, schools, transit systems, electrical utilities, emergency services, the provincial government, &hellip; 2021 Economic Contribution of Public Pension Plans in Alberta Read More &raquo;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.cancea.ca\/index.php\/2022\/07\/26\/2021-economic-contribution-of-public-pension-plans-in-alberta\/\" \/>\n<meta property=\"og:site_name\" content=\"Canadian Centre for Economic Analysis\" \/>\n<meta property=\"article:published_time\" content=\"2022-07-26T04:00:00+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-11-21T18:58:39+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.cancea.ca\/wp-content\/uploads\/2022\/11\/report_1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"727\" \/>\n\t<meta property=\"og:image:height\" content=\"945\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"david\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"david\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.cancea.ca\/index.php\/2022\/07\/26\/2021-economic-contribution-of-public-pension-plans-in-alberta\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.cancea.ca\/index.php\/2022\/07\/26\/2021-economic-contribution-of-public-pension-plans-in-alberta\/\"},\"author\":{\"name\":\"david\",\"@id\":\"https:\/\/www.cancea.ca\/#\/schema\/person\/fb2e19aa9612d9bd6408e701abf68b0e\"},\"headline\":\"2021 Economic Contribution of Public Pension Plans in Alberta\",\"datePublished\":\"2022-07-26T04:00:00+00:00\",\"dateModified\":\"2022-11-21T18:58:39+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.cancea.ca\/index.php\/2022\/07\/26\/2021-economic-contribution-of-public-pension-plans-in-alberta\/\"},\"wordCount\":254,\"publisher\":{\"@id\":\"https:\/\/www.cancea.ca\/#organization\"},\"articleSection\":[\"Alberta\",\"Business Cases, Impact Evaluations, And Appraisals\",\"Canada\",\"Datasets\",\"Demographics\",\"Economics\",\"Households\",\"Impact, Evaluation\",\"Industry Contribution\",\"Pensions\",\"Region\",\"Regional\",\"Service\",\"Topic\"],\"inLanguage\":\"en-CA\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.cancea.ca\/index.php\/2022\/07\/26\/2021-economic-contribution-of-public-pension-plans-in-alberta\/\",\"url\":\"https:\/\/www.cancea.ca\/index.php\/2022\/07\/26\/2021-economic-contribution-of-public-pension-plans-in-alberta\/\",\"name\":\"2021 Economic Contribution of Public Pension Plans in Alberta - Canadian Centre for Economic Analysis\",\"isPartOf\":{\"@id\":\"https:\/\/www.cancea.ca\/#website\"},\"datePublished\":\"2022-07-26T04:00:00+00:00\",\"dateModified\":\"2022-11-21T18:58:39+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/www.cancea.ca\/index.php\/2022\/07\/26\/2021-economic-contribution-of-public-pension-plans-in-alberta\/#breadcrumb\"},\"inLanguage\":\"en-CA\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.cancea.ca\/index.php\/2022\/07\/26\/2021-economic-contribution-of-public-pension-plans-in-alberta\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.cancea.ca\/index.php\/2022\/07\/26\/2021-economic-contribution-of-public-pension-plans-in-alberta\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/www.cancea.ca\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"2021 Economic Contribution of Public Pension Plans in Alberta\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.cancea.ca\/#website\",\"url\":\"https:\/\/www.cancea.ca\/\",\"name\":\"Canadian Centre for Economic Analysis\",\"description\":\"\",\"publisher\":{\"@id\":\"https:\/\/www.cancea.ca\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.cancea.ca\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-CA\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/www.cancea.ca\/#organization\",\"name\":\"Canadian Centre for Economic Analysis\",\"url\":\"https:\/\/www.cancea.ca\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-CA\",\"@id\":\"https:\/\/www.cancea.ca\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/www.cancea.ca\/wp-content\/uploads\/2022\/11\/CANCEA-Logo.png\",\"contentUrl\":\"https:\/\/www.cancea.ca\/wp-content\/uploads\/2022\/11\/CANCEA-Logo.png\",\"width\":3679,\"height\":625,\"caption\":\"Canadian Centre for Economic Analysis\"},\"image\":{\"@id\":\"https:\/\/www.cancea.ca\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.cancea.ca\/#\/schema\/person\/fb2e19aa9612d9bd6408e701abf68b0e\",\"name\":\"david\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-CA\",\"@id\":\"https:\/\/www.cancea.ca\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/4ac119c7984ffc5e319b73989f8b986a?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/4ac119c7984ffc5e319b73989f8b986a?s=96&d=mm&r=g\",\"caption\":\"david\"},\"sameAs\":[\"https:\/\/beta.cancea.ca\"],\"url\":\"https:\/\/www.cancea.ca\/index.php\/author\/david\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"2021 Economic Contribution of Public Pension Plans in Alberta - Canadian Centre for Economic Analysis","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.cancea.ca\/index.php\/2022\/07\/26\/2021-economic-contribution-of-public-pension-plans-in-alberta\/","og_locale":"en_US","og_type":"article","og_title":"2021 Economic Contribution of Public Pension Plans in Alberta - Canadian Centre for Economic Analysis","og_description":"With more than 400,000 active, deferred vested, and retired members living in Alberta, LAPP, ATRF, PSPP and SFPP make up a significant proportion of the defined benefit pension plan membership in Alberta. Members of the Plans include union and non-union employees of municipalities, health services, schools, transit systems, electrical utilities, emergency services, the provincial government, &hellip; 2021 Economic Contribution of Public Pension Plans in Alberta Read More &raquo;","og_url":"https:\/\/www.cancea.ca\/index.php\/2022\/07\/26\/2021-economic-contribution-of-public-pension-plans-in-alberta\/","og_site_name":"Canadian Centre for Economic Analysis","article_published_time":"2022-07-26T04:00:00+00:00","article_modified_time":"2022-11-21T18:58:39+00:00","og_image":[{"width":727,"height":945,"url":"https:\/\/www.cancea.ca\/wp-content\/uploads\/2022\/11\/report_1.png","type":"image\/png"}],"author":"david","twitter_card":"summary_large_image","twitter_misc":{"Written by":"david","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.cancea.ca\/index.php\/2022\/07\/26\/2021-economic-contribution-of-public-pension-plans-in-alberta\/#article","isPartOf":{"@id":"https:\/\/www.cancea.ca\/index.php\/2022\/07\/26\/2021-economic-contribution-of-public-pension-plans-in-alberta\/"},"author":{"name":"david","@id":"https:\/\/www.cancea.ca\/#\/schema\/person\/fb2e19aa9612d9bd6408e701abf68b0e"},"headline":"2021 Economic Contribution of Public Pension Plans in Alberta","datePublished":"2022-07-26T04:00:00+00:00","dateModified":"2022-11-21T18:58:39+00:00","mainEntityOfPage":{"@id":"https:\/\/www.cancea.ca\/index.php\/2022\/07\/26\/2021-economic-contribution-of-public-pension-plans-in-alberta\/"},"wordCount":254,"publisher":{"@id":"https:\/\/www.cancea.ca\/#organization"},"articleSection":["Alberta","Business Cases, Impact Evaluations, And Appraisals","Canada","Datasets","Demographics","Economics","Households","Impact, Evaluation","Industry Contribution","Pensions","Region","Regional","Service","Topic"],"inLanguage":"en-CA"},{"@type":"WebPage","@id":"https:\/\/www.cancea.ca\/index.php\/2022\/07\/26\/2021-economic-contribution-of-public-pension-plans-in-alberta\/","url":"https:\/\/www.cancea.ca\/index.php\/2022\/07\/26\/2021-economic-contribution-of-public-pension-plans-in-alberta\/","name":"2021 Economic Contribution of Public Pension Plans in Alberta - Canadian Centre for Economic Analysis","isPartOf":{"@id":"https:\/\/www.cancea.ca\/#website"},"datePublished":"2022-07-26T04:00:00+00:00","dateModified":"2022-11-21T18:58:39+00:00","breadcrumb":{"@id":"https:\/\/www.cancea.ca\/index.php\/2022\/07\/26\/2021-economic-contribution-of-public-pension-plans-in-alberta\/#breadcrumb"},"inLanguage":"en-CA","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.cancea.ca\/index.php\/2022\/07\/26\/2021-economic-contribution-of-public-pension-plans-in-alberta\/"]}]},{"@type":"BreadcrumbList","@id":"https:\/\/www.cancea.ca\/index.php\/2022\/07\/26\/2021-economic-contribution-of-public-pension-plans-in-alberta\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.cancea.ca\/"},{"@type":"ListItem","position":2,"name":"2021 Economic Contribution of Public Pension Plans in Alberta"}]},{"@type":"WebSite","@id":"https:\/\/www.cancea.ca\/#website","url":"https:\/\/www.cancea.ca\/","name":"Canadian Centre for Economic Analysis","description":"","publisher":{"@id":"https:\/\/www.cancea.ca\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.cancea.ca\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-CA"},{"@type":"Organization","@id":"https:\/\/www.cancea.ca\/#organization","name":"Canadian Centre for Economic Analysis","url":"https:\/\/www.cancea.ca\/","logo":{"@type":"ImageObject","inLanguage":"en-CA","@id":"https:\/\/www.cancea.ca\/#\/schema\/logo\/image\/","url":"https:\/\/www.cancea.ca\/wp-content\/uploads\/2022\/11\/CANCEA-Logo.png","contentUrl":"https:\/\/www.cancea.ca\/wp-content\/uploads\/2022\/11\/CANCEA-Logo.png","width":3679,"height":625,"caption":"Canadian Centre for Economic Analysis"},"image":{"@id":"https:\/\/www.cancea.ca\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/www.cancea.ca\/#\/schema\/person\/fb2e19aa9612d9bd6408e701abf68b0e","name":"david","image":{"@type":"ImageObject","inLanguage":"en-CA","@id":"https:\/\/www.cancea.ca\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/4ac119c7984ffc5e319b73989f8b986a?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/4ac119c7984ffc5e319b73989f8b986a?s=96&d=mm&r=g","caption":"david"},"sameAs":["https:\/\/beta.cancea.ca"],"url":"https:\/\/www.cancea.ca\/index.php\/author\/david\/"}]}},"_links":{"self":[{"href":"https:\/\/www.cancea.ca\/index.php\/wp-json\/wp\/v2\/posts\/2682"}],"collection":[{"href":"https:\/\/www.cancea.ca\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.cancea.ca\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.cancea.ca\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.cancea.ca\/index.php\/wp-json\/wp\/v2\/comments?post=2682"}],"version-history":[{"count":2,"href":"https:\/\/www.cancea.ca\/index.php\/wp-json\/wp\/v2\/posts\/2682\/revisions"}],"predecessor-version":[{"id":3131,"href":"https:\/\/www.cancea.ca\/index.php\/wp-json\/wp\/v2\/posts\/2682\/revisions\/3131"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.cancea.ca\/index.php\/wp-json\/wp\/v2\/media\/1109"}],"wp:attachment":[{"href":"https:\/\/www.cancea.ca\/index.php\/wp-json\/wp\/v2\/media?parent=2682"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.cancea.ca\/index.php\/wp-json\/wp\/v2\/categories?post=2682"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.cancea.ca\/index.php\/wp-json\/wp\/v2\/tags?post=2682"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}