Catherine Collinson Wins Lifetime Achievement Award From Plan Sponsor Council of America

BALTIMORE, June 11, 2024 /PRNewswire/ -- Transamerica is proud to announce that Catherine Collinson, founding CEO and president of the nonprofit Transamerica Institute and its Transamerica Center for Retirement Studies, and a nationally recognized leader and advocate for a financially secure retirement for all Americans, has received a Lifetime Achievement Award from the Plan Sponsor Council of America (PSCA). The leading trade association for providers of employment-based retirement plans recently honored Ms. Collinson, recognizing her enduring contributions to the retirement industry.

"PSCA's Lifetime Achievement Award is designed to recognize those who have made a substantial contribution to the retirement industry, influencing and improving retirement security for all," said Will Hansen, PSCA executive director. "Catherine, through her dedication to research and advocacy for public policy changes for nearly 30 years, exemplifies what this award stands for. We are proud to recognize Catherine for her extensive contributions to the retirement industry that have shaped the landscape of retirement planning for the better."

Since 2002, Catherine Collinson has led the Transamerica Center for Retirement Studies, which later expanded into the Transamerica Institute, a private foundation dedicated to strengthening the U.S. retirement system, expanding access to workplace retirement plans, improving financial literacy, and helping ensure that people can retire with dignity. Under her leadership, the annual Transamerica Retirement Survey, now in its 24^th year, has become one of the largest and longest-running studies of its kind. Catherine's expert perspectives have been featured in congressional hearings and public policy discussions, and she is often cited in the media and news articles.

"Catherine's leadership embodies the idea that all Americans can take charge of their financial futures through education, empowerment, and saving and investing," said Maurice Perkins, chief corporate affairs officer at Transamerica. "Her focus on effecting positive change makes this Lifetime Achievement Award a well-deserved recognition of her profound influence in the industry and across the nation." 

Catherine's advocacy on behalf of these issues is unwavering. She has worked tirelessly to raise awareness of the Saver's Credit, a little-known tax credit for low- to moderate-income retirement savers. More recently, she has highlighted opportunities created by the SECURE 2.0 Act of 2022 that provide additional incentives for employers that offer retirement benefits and new ways to help workers save, invest, and protect their savings.

"Transamerica extends its congratulations to Catherine Collinson on this remarkable achievement and expresses its gratitude for her years of service and leadership," said Perkins. 

Catherine Collinson: A Timeline of Achievements

• 1995: Joined Transamerica Corporation, marking the beginning of her notable career in retirement and market trends.
• 1998: Launched the Annual Transamerica Retirement Survey, a pioneering initiative that Catherine played a crucial role in developing.
• 2002: Founded the Transamerica Center for Retirement Studies (TCRS) to expand the reach and impact of the retirement survey.
• 2007: Incorporated TCRS as a nonprofit corporation and private foundation, with Catherine at the helm.
• 2013: Spearheaded the creation of Transamerica Institute, an expansion to include broader research and education on health, longevity, workforce, and financial literacy.
• 2015: Joined the Leadership Council of the Milken Institute Center for the Future of Aging, enhancing Catherine's influence on national aging policies.
• 2016: Honored with a Hero Award from the Women's Institute for a Secure Retirement (WISER) for her efforts to give a "hand up" to women struggling for security and dignity in old age.
• 2018: Recognized by PBS Next Avenue as an Influencer in Aging for her significant contributions to changing society's understanding of aging and longevity.
• 2020 to present: Expanded the scope and reach of the annual Transamerica Retirement Survey to provide greater insights about the demographic influences on Americans' health and financial well-being and retirement outlook.

About Transamerica
With a history that dates back more than 100 years, Transamerica is a leading provider of life insurance, retirement, and investment solutions, serving millions of customers throughout the United States. Transamerica's dedicated professionals focus on helping people live their best lives through saving, investing, and protecting their loved ones. Transamerica is dedicated to building America's leading middle market life insurance and retirement company, with unique access to the large and growing middle market consumer via World Financial Group and US retirement recordkeeping. Transamerica provides a broad range of quality individual life insurance policies, workplace supplemental insurance benefits, workplace retirement plans, individual retirement accounts, and investment products including mutual funds, annuities, stable value solutions, as well as investment management services. 

In 2023, Transamerica fulfilled its promises to customers, paying more than $47 billion in insurance, retirement, and annuity claims and benefits, including return of annuity premiums paid by the customer. Transamerica's head office is in Baltimore, Maryland, with other major operations in Cedar Rapids, Iowa, and Denver, Colorado. Transamerica is part of the Aegon group of companies. Each Aegon company is solely responsible for its own financial conditions and contractual obligations. Headquartered in the Netherlands, Aegon is an international financial services holding company. 

For more information, visit www.transamerica.com. 

About Transamerica Institute
Transamerica Institute ^® is a nonprofit, private foundation dedicated to identifying, researching, and educating the public about retirement security and the intersections of health and financial well-being. It is the parent organization of Transamerica Center for Retirement Studies^® (TCRS) which conducts one of the largest and longest-running annual retirement surveys of its kind. Transamerica Institute is funded by contributions from Transamerica Life Insurance Company and its affiliates.

For more information, visit www.transamericainstitute.org.

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SOURCE Transamerica