New addition to the Plan's Senior Executive Team to support
CAAT's commitment to increasing pension coverage in Canada.
TORONTO, Aug. 1, 2024
/CNW/ - CAAT Pension Plan ('the Plan') is pleased to announce the
appointment of Jillian Kennedy as
Chief Strategy Officer.
In this newly created role, Jillian will be responsible for
forming new strategic partnerships focused on expanding modern
defined benefit (DB) pension coverage to more Canadian workplaces
while increasing access to secure, valuable and sustainable
retirement benefits to more Canadians.
In addition to leading the refinement of a long-term strategy
aligned with CAAT's mission, Jillian will also drive national
awareness of DB pension accessibility and address the evolving
needs of members, workplaces, and the retirement savings
industry.
"I am thrilled to welcome Jillian to the senior executive team.
Her strong strategic leadership record and retirement industry
expertise position her well to drive CAAT's vision of expanding
pension coverage across Canada,"
says Derek Dobson, Chief Executive
Officer and Plan Manager, CAAT Pension Plan. "Jillian brings
extensive experience in identifying optimal plans for
organizations, which will be instrumental to our commitment to
innovating pension solutions that meet the needs of
workplaces."
"CAAT's ability to develop and drive modern pension solutions
and solve challenges where other arrangements may not –
decumulation, pooling of risk, longevity – is one of the major
reasons why I'm so excited to join the team," explains Jillian Kennedy, Chief Strategy Officer, CAAT
Pension Plan. "CAAT is renowned for its culture and I'm inspired by
the organization and the opportunity to create better retirement
outcomes for more Canadians."
Jillian has been supporting plan sponsors and members to achieve
better outcomes for more than 23 years, most recently as a partner
in Mercer (Canada) Limited's
wealth division. Her experience in plan design, investments and
governance will enhance CAAT's ability to support employers in
adopting a modern DB pension solution and improve the overall
financial wellness of Canadians.
DBplus is a modern DB pension plan design available to
organizations of all sizes and industries in the private,
non-profit and broader public sectors. The award-winning design
combines cost certainty for employers with secure, predictable
retirement income for employees. Employers are attracted to DBplus
because of its flexibility and its ability to address talent
management objectives, such as attracting and retaining top talent
and driving employee wellness and productivity.
Interviews with Jillian Kennedy
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 500 participating employers in 20
industries, including the for-profit, non-profit, and broader
public sectors. It currently has more than 100,000 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 information on how employers can join CAAT, please
visit:
caatpension.ca/pension-solutions/how-to-join
SOURCE CAAT Pension Plan