Alberta Pension Plan Information Act
Alberta's Bill 38 (Alberta Pension Plan Information Act) is the Smith UCP government's framework legislation establishing the legal basis for a proposed Alberta Pension Plan (APP) to replace the Canada Pension Plan (CPP) for Alberta workers. The Smith government's 2023 LifeWorks-prepared analysis estimated Alberta would be entitled to approximately $334 billion of the $605 billion CPP fund (the federal Office of the Chief Actuary's separate analysis estimated approximately $192 billion). The Act provides for public information dissemination and the future Alberta Pension Plan referendum that Premier Smith promised. CPP-Alberta withdrawal would require approval by Parliament and at least one other province, plus a binding referendum in Alberta.
Status
Quick learn
Sets the legal framework for any future Alberta withdrawal from the Canada Pension Plan, including the data and consultation requirements before a referendum could be held. Effectively pauses the Smith government's CPP-withdrawal proposal until 2027 at the earliest.
Issues this bill touches
- Federalism & Quebec
Alberta Pension Plan information framework. Effectively pauses Premier Smith's CPP-withdrawal proposal until at least 2027.
Legislative history
- Introduced
Tabled in the originating chamber by the sponsor.
View source - Royal assent
Approved by both chambers and granted royal assent; now law.
View source
Sponsored by
Danielle SmithUCPOfficial source
Read full text on Parliament of Canada