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More value, more protection.
Extra peace of mind built into your pension
A pension plan exclusively for physicians in Canada
Medicus Pension Plan™ delivers predictable monthly retirement income for life. With physician representation on our Administrative Board, we understand and serve the unique needs of physicians.
How does Medicus work
As a defined benefit multi-employer pension plan, Medicus offers a way for physicians to save for retirement like never before. Experience the confidence of consistent monthly retirement income for your lifetime - an excellent complement to your existing retirement planning.
Medicus offers a sophisticated approach that pools investment and longevity risks across members—navigating market fluctuations so you don't have to. Gain exclusive access to institutional-grade investments typically beyond individual reach, while securing valuable financial protection for your family, including pre-retirement death benefits, payment protection periods, and continuation of pension options for your spouse.
How much monthly income could you get in retirement?
Plan features
Medicus is the only pension plan of its kind in Canada designed exclusively for physicians, offering predictable lifetime retirement income and the peace of mind that goes with it. Below are some of the key features that set Medicus apart.
Financial strength
Your future secured by one of Canada's strongest pension plans. With a strong funded status, institutional-grade investment management, and pooled longevity protection, Medicus delivers a pension you can count on.
Designed for physicians
Created exclusively for physicians, every feature is tailored to maximize the benefits that matter most to you. From tax efficiency to family protection, our members' voices are at the centre of everything we do.
Family protection
Comprehensive security including pre-retirement death benefits, payment guarantee periods of at least 10 years with every pension option, and lifetime pension continuation for eligible spouses.
Inflation protection
Medicus is designed to offer cost of living increases. In 2025, Medicus is providing 100% inflation protection for all pensions earned in 2022, 2023, and 2024, including a notable 4.0% increase in 2024! These inflation increases ensure members’ pensions keep pace with the rising cost of living—preserving value for the long term.
Pension buybacks
Medicus offers pension buybacks, which allow physicians to increase the secure monthly pension they will receive in retirement. This is a great option for physicians who have been incorporated for some time before joining the plan.
Practical advantage
Focus on your practice while we manage the complexities of retirement planning. No investment decisions required, no additional association memberships needed, easy enrollment and convenient tax packages.
Geographic availability
Currently serving incorporated physicians in Ontario, British Columbia, Alberta, Newfoundland and Labrador, Nova Scotia, Prince Edward Island, and the Territories, enabling your pension to move with you and your career.
We're actively working toward national availability.
Latest news and plan updates
Medicus Pension Plan is a registered pension plan. It is registered under the Pension Benefits Act (Ontario) and the Income Tax Act (Canada). Medicus Pension PlanTM is a trademark used under licence. To determine if the Medicus Pension Plan is appropriate for your retirement planning needs and retirement income objectives, please consult with a financial advisor.