Alberta Teachers Retirement Fund – Benefits Canada.com

Pension spending contributed more than $4.4BN to Alberta’s GDP in 2021: report

Sadie Janes — Thu, 11 Aug 2022 13:00:14 +0000

Pension spending alone supported more than 41,000 jobs across Alberta and contributed more than $4.4 billion to the province’s gross domestic product in 2021, according to a new report by the Canadian Centre for Economic Analysis. This is equivalent to $14.40 of GDP for every $10 of retirement benefit payments received in 2021. The report […]

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AIMCo CEO seeking to win trust of pension clients: report

Gideon Scanlon — Wed, 06 Jul 2022 16:15:29 +0000

After a record-breaking year, Alberta’s public sector investment fund manager is seeking to earn the trust of its client pension funds. “A combination of factors had undermined trust between AIMCo and some of our clients,” wrote Evan Siddall, chief executive officer of the Alberta Investment Management Corp., in the organization’s 2021 annual report. “Whatever the reasons, […]

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AIMCo, Alberta Teachers’ investment agreement aligning interests of both organizations

bwolfe — Tue, 14 Sep 2021 16:00:36 +0000

The Alberta Teachers’ Retirement Fund said its new agreement with the Alberta Investment Management Corp. is aligning the best interests of both organizations, following several months of negotiations. According to a press release from the Alberta Teachers’, the agreement ensures the teachers’ board maintains full control over the strategic investment policy for the pension plans’ […]

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AIMCo, Alberta Teachers’ sign investment management agreement

Gideon Scanlon — Thu, 09 Sep 2021 13:30:36 +0000

The Alberta Investment Management Corp. has reached an investment management agreement with the Alberta Teachers’ Retirement Fund Board following a protracted period of negotiation. The agreement will see the Alberta Teachers’ assets, valued at $19.1 billion in its 2020 annual report, transferred to the custody of the AIMCO. According to Rod Matheson, the Alberta Teachers’ […]

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Alberta Teachers’ withdrawing from responsible investing secretariat

bwolfe — Tue, 06 Apr 2021 16:45:35 +0000

The Alberta Teachers’ Retirement Fund Board is withdrawing its membership from the Principles of Responsible Investing Secretariat as it transfers responsibility for asset management to the Alberta Investment Management Corp. In a press release, the ATRF said its withdrawal from the United Nations-supported investor network would allow it to respect “the spirit of its responsible […]

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Alberta Teachers’ Association files legal challenge to pension order

bwolfe — Fri, 19 Mar 2021 05:00:32 +0000

The Alberta Teachers’ Association is taking legal action against the recent ministerial order enacted on several of the province’s pension plans, including the Alberta Teachers’ Retirement Fund. In documents submitted to court on March 10, the association argues the terms and conditions imposed in Finance Minister Travis Toews’ order are inconsistent with the province’s Teachers’ […]

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Alberta Teachers’ Association planning legal challenge to pension order

mschmit — Mon, 01 Feb 2021 06:04:24 +0000

The Alberta Teachers’ Association says it’s taking legal action against a ministerial order enacted on several pension plans in the province in late December. In a press release, the association said its provincial executive council voted unanimously this week to file a lawsuit, acting on legal advice that identified an avenue for a challenge to […]

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Alberta budget announces fund transfers to AIMCo for management

mschmit — Wed, 30 Oct 2019 05:58:24 +0000

The Alberta Teachers’ Retirement Fund Board will transfer all of its funds to the Alberta Investment Management Corp. for management, according to the province’s latest budget. The ATRF board, which administers pensions for all teachers in Alberta school jurisdictions and charter schools, said in a press release it was only made aware of the change […]

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