The Management Employees Pension Plan (MEPP) was originally established in 1972 as the Public Service Management Pension Plan for management employees of the Alberta government and approved agencies, boards and commissions. In 1993, new legislation was passed that retroactively split the plan into two separate plans: MEPP and the Public Service Management (Closed Membership) Pension Plan (PSM(CM)PP or “Closed Plan”). The latter plan relates to the entitlements of former managers not in active service as of August 1, 1992.
The Board has legislated responsibilities to MEPP and to the PSM(CM)PP. The mandate of the Board, as established under the PSPPA, Schedule 5, section 3, and Schedule 6 is to: