ploughboy Posted May 28, 2009 Report Share Posted May 28, 2009 It's not often that I agree with Andre Picard, but he makes some good points in this article. In principle, a government pension sounds like a reasonable idea. Thoughts? http://www.theglobeandmail.com/life/health/with-their-rrsps-in-sick-bay-doctors-need-a-backup-plan/article1156427/ Link to comment Share on other sites More sharing options...
Lactic Folly Posted May 28, 2009 Report Share Posted May 28, 2009 Yes, it would make sense in an (essentially) single-payer system. However, a lot can change from the point in time that one starts paying into a fund to when one is looking to withdraw.. Link to comment Share on other sites More sharing options...
AdamP Posted May 28, 2009 Report Share Posted May 28, 2009 Interesting read, although docs aren't the only professionals who have to fend for themselves when it comes to retirement, engineers working in the private sector are the first thing that comes to mind, especially those working for small firms or contractors. They also don't have the luxury of billing a fixed, collectively negotiated price for services like docs can. That being said, one injustice doesn't validate another, I think the one commenter made a good point, our federal politicians enjoy a nice pension after only two terms of work, makes all other retirement plans pale in comparison. Link to comment Share on other sites More sharing options...
Halcyon Posted June 1, 2009 Report Share Posted June 1, 2009 It's not often that I agree with Andre Picard, but he makes some good points in this article. In principle, a government pension sounds like a reasonable idea. Thoughts? http://www.theglobeandmail.com/life/health/with-their-rrsps-in-sick-bay-doctors-need-a-backup-plan/article1156427/ Many FTE public service employees get to take part in pension plans (i.e., OMERS in Ontario). Teachers in Ontario have an awesome pension plan of their own. While physicians are "independent contractors", according to the article, I don't see why physicians couldn't get a pension plan going. Sure, they may not be able to get the employer matching contributions that some of the public service employees get (I can't see the provincial governments agreeing to that right now - too expensive). However, a pension plan would be a good safety net alongside regular RRSPs. Sounds like an area in need of improvement. Link to comment Share on other sites More sharing options...
Wolvenstar Posted June 3, 2009 Report Share Posted June 3, 2009 Considering the amount, Doctors get paid, why can you be sensible and save enough money for yourself? I would rather not trust my last thirty years in the hands of the government. Link to comment Share on other sites More sharing options...
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