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Finance & Insurance
About Us
As the administrator and trustee of the Plan, LAPP Corporation ensures pensions are paid to retirees and that our 304,451 members are guided in preparing for retirement. This is done by providing strategic guidance for the Plan, managing risk, and overseeing the over $64 billion LAPP fund. The Corporation is led by a leadership team made up of experts skilled in all facets of running a large multi-sector pension plan, including risk management, investments, funding management, pension law, pension policy, stakeholder relations, and communications.
The Corporate team monitors pension developments around the world, researches issues and makes policy, funding, and operational recommendations to its Corporate Board. LAPP Corporation also prepares its Corporate Board and the Sponsor Board for making important decisions about the pension plan by setting and executing strategic business and operational plans and maintaining a robust, enterprise-wide risk-management system.
LAPP Corporation is responsible for directing and overseeing the work of service providers for the Plan to ensure the delivery of pension benefits and the long-term sustainability of the Plan.