ATRF Statement on Changes at AIMCo

ATRF members may have heard the Government of Alberta’s announcement regarding AIMCo on November 7, 2024.

We want to reassure ATRF members that their pensions remain secure.

ATRF continues to manage Alberta’s teacher pension plans and set the strategy for our investments, while AIMCo provides the day-to-day management of ATRF’s investments as required by provincial legislation.

Nothing that has happened with regard to the changes at AIMCo thus far has caused us concern about the status of our investments.

At the same time, we have in the past raised issues regarding costs at AIMCo with both the Government of Alberta and with AIMCo.

We look forward to working with Treasury Board and Finance and being part of determining the appropriate path forward.

The health of our pension plans and the security of our plan members’ pensions have always been our highest priorities, so we will continue to monitor this situation closely and, as always, will inform members if there are any impacts to the plans that they should be aware of.