Karen Elstone
Treasury Board Secretariat/Manager, Pension Policy Unit
2025 Salary
$175,235Total compensation $175,436, including $202 in taxable benefits.
Source: Ontario’s Public Sector Salary Disclosure — names paid $100,000 or more that year. How we build this · Report an error on this page
At a Glance
2025
Employer Rank
#109Treasury Board Secretariat
Years on List
102016–2025
Peak Salary
$175,2352025
Full 2025 roster at Treasury Board Secretariat →·See where $175,235 ranks →
Total Compensation History
Full History
2016–2025
$102,783 in 2016 is worth about $131,441 in 2025 dollars.
| Year | Position | Salary |
|---|---|---|
| 2025 | Manager, Pension Policy UnitTreasury Board Secretariat | $175,235Benefits $202Total $175,436 |
| 2024 | Manager, Pension Policy UnitTreasury Board Secretariat | $150,137Benefits $188Total $150,325 |
| 2023 | Manager, Pension Policy Unit / Chef de l'Unité des politiques des régimes de retraiteTreasury Board Secretariat / Secrétariat Du Conseil Du Trésor | $143,791Benefits $178Total $143,969 |
| 2022 | Manager, Pension Policy UnitTreasury Board Secretariat | $142,412Benefits $176Total $142,588 |
| 2021 | Manager, Pension Policy UnitTreasury Board Secretariat | $139,591Benefits $172Total $139,763 |
| 2020 | Manager, Pension PolicyTreasury Board Secretariat | $135,934Benefits $165Total $136,099 |
| 2019 | Manager, Pension PolicyTreasury Board Secretariat | $130,801Benefits $163Total $130,964 |
| 2018 | Manager, Pension PolicyTreasury Board Secretariat | $121,193Benefits $175Total $121,368 |
| 2017 | Manager, Pension Policy / Chef de l'Unité des politiques des régimes de retraiteTreasury Board Secretariat / Secrétariat du Conseil du Trésor | $108,213Benefits $120Total $108,333 |
| 2016 | Pensions ConsultantTreasury Board Secretariat | $102,783Benefits $0Total $102,783 |
Take-Home Pay
(After Tax) · 2025 estimate
In 2025, Karen Elstone's $175,235 salary works out to roughly $117,773 after income tax, CPP and EI — an all-in deduction rate of about 32.8%. That is about 17% more than the $150,137 paid in 2024. Karen Elstone has appeared on the list 10 times since 2016. Most Government of Ontario – Ministries employees belong to PSPP or OPTrust, so actual take-home is likely another 7–10% lower after pension contributions.
- Estimated net pay
- ~$117,773
- Effective income-tax rate (excl. CPP/EI)
- ~29.6%
- CPP + EI contributions
- ~$5,507
- All-in deduction rate (incl. CPP/EI)
- ~32.8%
Where does $175,235 rank on the Sunshine List? →
Estimate only: 2025 federal and Ontario rates, basic personal amounts, Canada employment amount and CPP/EI credits; single, employment income only, salary treated as full-year income. Ignores pension contributions (OMERS, HOOPP, OTPP, OPTrust and similar plans lower actual take-home), union dues, RRSPs and benefits.