New promotion focuses on expanding pension coverage across Canada
CAAT Pension Plan is pleased to announce the promotion of Karen Burnett to Vice President, Pension Solutions. Karen’s appointment reinforces CAAT’s commitment to expanding access to sustainable workplace retirement solutions and helping organizations across Canada navigate today’s workforce and financial challenges.
In her new role, Karen will collaborate with organizations across Canada to provide flexible retirement solutions that address rising costs, economic uncertainty, and evolving workforce expectations. Her expertise in pension plan design, implementation, and governance will be instrumental in helping organizations reduce risk, optimize total rewards strategies, and strengthen workplace financial wellbeing initiatives.
Karen has nearly 30 years of experience in the pension industry. With experience in both defined benefit and defined contribution retirement arrangements, Karen brings a unique perspective in her approach to strategic plan design and optimizing the retirement benefits to meet business objectives. She graduated with distinction from the University of Waterloo with a Bachelor of Mathematics in Actuarial Science. She is a Fellow of the Canadian Institute of Actuaries and a Fellow of the Society of Actuaries. Karen also serves on the Society of Actuaries Board of Directors and is a member of the Association of Canadian Pension Management (ACPM) Ontario Council.
“Karen’s leadership and deep expertise have helped organizations across industries implement high-value retirement solutions that meet their evolving workforce needs while keeping their business priorities in focus,” said Jillian Kennedy, Chief Strategy Officer, CAAT Pension Plan. “This appointment is a direct reflection of Karen’s ability to listen to employers, provide tailored solutions that meet their evolving needs, and drive meaningful outcomes. We’re excited to see her continue making an impact in this expanded role.”
Interviews with Karen Burnett are available upon request.
About CAAT Pension Plan:
Established in 1967, the CAAT Pension Plan is an independent, jointly governed plan that offers highly desirable modern defined benefit pensions. Originally created to support the Ontario college system, the CAAT Plan now proudly serves more than 700 participating employers in 20 industries, including the for-profit, non-profit, and broader public sectors. It currently has more than 110,000 active and retired members. The CAAT Plan is respected for its pension and investment management expertise and focus on stability and benefit security. On January 1, 2024, the Plan was 124% funded on a going-concern basis.
Learn more at: www.caatpension.ca
For more information:
Media Relations
CAAT Pension Plan
media@caatpension.ca