Reflections from Simone Reitzes, Managing Director, Medicus Pension Plan
It’s National Physicians’ Day, which means we’re in celebration mode here at Medicus. Today – and every day – we celebrate the contributions of physicians across the country. From the family physicians who take care of us and build deep, meaningful relationships with their patients to the specialists who are there when we need it most, for everything you do, thank you.
Ever since I was little, I’ve admired the hard work and dedication of physicians, starting with my grandfather, who poured his energy into improving the lives of others (providing a lifetime of lessons to me along the way). Today, I get to travel the country and meet physicians from all practice areas, including next week at the Canadian Association of Sports and Exercise Medicine Annual Symposium in Charlottetown, PEI. Wherever I go I see that same dedication – you work tirelessly and deserve a bright financial future that allows you to enjoy the retirement you’ve envisioned.
When it comes to saving for the future, physicians have options, and it’s important to understand them. With so many ways to save – pension, RRSPs, TFSAs, and more – you might be wondering, what makes Medicus the right choice for you?
It really is all about you.
For starters, it’s our purpose. Medicus was created exclusively for physicians, designed to benefit your unique needs and circumstances. Since day one, physicians have had a strong voice on our Administrative Board, the governing body of the Medicus Pension Plan, providing insights into the plan design and its evolution.
Medicus is only available to physicians, which means no unnecessary plan features or competing interests. Our plan puts physicians’ needs at the centre of all that we do.
You’ll have a great experience.
We know you’re busy. That’s why we provide concierge-style service from your first contact with us all the way through retirement, and beyond (think 5-star Caribbean resort, but for pension). Some highlights:
- Enrolment: we’ll be by your side through the enrolment process, which is actually pretty simple, thanks to our online tools
- Contributions: Medicus automatically calculates your contributions and transfers them on the second Wednesday of each month, so you can plan ahead with confidence
- Tax preparation: each year, you’ll receive a tax package with all the information you need for both your personal and corporate taxes
- Monitoring: our member portal lets you view your contributions, track the growth of your pension, and more
- Flexibility: if you move to another eligible province or territory, your pension moves with you, uninterrupted (just let us know you’re moving; we’ll take care of the rest!)n the road.
Your pension comes with great features.
The Medicus Pension Plan includes lots of features designed to maximize your savings and retirement income: no membership fees, tax-effective contributions, a straightforward pension formula, with no reductions tied to government benefits, and the ability to provide cost-of-living increases when the financial health of the plan allows, so your pension keeps its value over time.
