|Pension Reform Document Library|
|Alberta Communities Pension Plan|
|Group RRSPs & Tax Free Savings Accounts|
|Tax Free Savings Accounts|
We have something for everyone’s future...Retirement Services provides a variety of options for enhancing retirement planning for the employees of AUMA members and municipally related organizations. We are pleased to offer a new suite of services, including the Alberta Communities Pension Plan, Group RRSP and Tax Free Savings Accounts.
|ALBERTA COMMUNITIES PENSION PLAN ||GROUP RRSP||TAX FREE SAVINGS ACCOUNT||APEX||MuniSERP|
Eligible participants are elected officials paid on a salaried basis and employees who do not participate in the Local Authorities Pension Plan. At retirement, the accumulated member and employer contributions with investment earnings provide retirement benefit options.
|Employer contributions are optional. The rate of employee contributions is determined by the employee. Employees may withdraw their contributions with investment earnings at any time.||Permits participants to save up to $5,000 per calendar year from January 1, 2009 onward. All withdrawals are tax free. No eligibility restrictions.||Together APEX and LAPP permit members to accure the maximum registered pension plan benefit allowable. Cost sharing by employers and employees. Employers designate classes of employees for participation.||MuniSERP targets senior management to provide additional retirement benefits beyond APEX and LAPP. The benefits are financed annuallly by the employer. Employees are taxed only upon receipt of their benefit|
|WHO ARE YOU |
|Collectiviely Bargained Employee|
|Full-time or Qualified Part-time Employee|
| For program details and how to enrol, contact AMSC Retirement Services at 310-AUMA |
Click a link on the left to learn more about our new offerings!