Every Albertan can play a part in ensuring prosperity for generations to come.

The Alberta First Pension Plan team strongly believes that the Alberta Pension Plan is a sensible choice. This belief comes after extensive discussions with thousands of Albertans and a deep understanding of the law and the facts. Our responsibility is to ensure that this understanding is shared with every voting Albertan. The Alberta Pension Plan has been a topic of debate, with supporters and opponents expressing their opinions on its potential impact. As a team of dedicated Albertans, the Alberta First Pension Plan team, guided by numerous esteemed professionals across the province, is committed to providing the facts to all Albertans.

We support the idea that establishing an Alberta Pension Plan would give Alberta more control and independence over managing the investment funds and the ability to cut the high management fees Canadians pay to the CPP Investment Board. It has the potential to offer greater benefits and lower contributions than the existing Canada Pension Plan. An Alberta Pension Plan would address the unique needs of Albertans and contribute to economic development and financial security. To find reports, videos, and information on the Alberta Pension Plan, you can CLICK HERE.

Many who oppose it are worried about the costs and complexities of setting up a separate pension plan for Alberta. They fear higher fees and lower benefits for Albertans than the Canada Pension Plan. Additionally, they are concerned about the economic impact and, most importantly, the Alberta government’s potential interference in fund management.

It is essential to consider both perspectives when comparing the Alberta Pension Plan with the Canada Pension Plan. This allows Albertans to make an informed decision. While there are valid concerns, citizens can address these by staying actively involved and acting as watchdogs over the provincial government.

Here are the top three concerns regarding moving to an Alberta Pension Plan:

“Higher costs to manage an Alberta Penson Plan”

Alberta is home to some of the most competent individuals in the financial industry. To ensure cost-effective management, Alberta could consider adopting several models from around the world. The cost of running the CPP has increased a thousandfold since 2000. In 2000, costs were 4 million dollars; currently, they amount to 4.4 billion dollars.

“My benefits will be negatively affected.”

As per the CPP Act, Section 3 (1), residents of Alberta must receive, at minimum, the same benefit they received under the CPP for a province to withdraw and create their own.

“The Alberta Government will mismanage the fund.”

The fear of the government mismanaging money is a valid concern. As Albertans, we must ensure that the Alberta Pension Plan is managed independently, with the sole mandate of maximizing profit and mitigating risk to the fund. We must be vocal and involved in the decision-making process to shape the future of our pension system.

What do we need to do?

Our first step is to initiate a referendum. The Alberta Government will only proceed with the referendum if there is significant support from Albertans.

• Our initial objective is to locate 270,000 Albertans of voting age who are willing to support the call for a referendum and who will sign the petition once we have gathered the necessary support. Please share this link with your community to have them sign up with their support
• We will initiate a petition through the Citizens Initiative Act and gather the 270,000 signatures required in 90 days with our team of volunteers. Volunteer Here
• The petition will be sent to Elections Alberta to be verified and then presented to the Alberta Legislature. The will of Albertans will be known, and a referendum date will be set.

This will mark an outstanding achievement, demonstrating Albertans’ determination to secure a prosperous future for all generations.

OUR PENSION! OUR CHOICE!