Member Reward Program

At the end of every month, the system adds up your total assets across all your Manulife Group Retirement accounts², including any linked accounts belonging to your spouse/common-law partner to determine your savings bonus level.

If the total assets are $25,000 or more, the savings bonus is applied to the assets in the Personal Plan and GRIP invested in market-based funds, and an interest-rate enhancement is applied to your GIA investments.

You’ll receive a yearly savings bonus in the anniversary month of when you opened your account if the account is still active and has money in it.

As a Personal Plan or Manulife-sponsored Group Retirement Income Plan (GRIP) member, you’ll automatically qualify when your total account balance is $25,000 or more.

• Platinum plus—$1,000,000+ total assets
• Platinum—$500,000–$999,999 total assets
• Gold plus—$250,000–$499,999 total assets
• Gold—$100,000–$249,999 total assets
• Silver plus—$50,000–$99,999 total assets
• Silver—$25,000–$49,999 total assets

Your reward level will change according to the amount of your total assets unless you’re a GRIP member. In this case, you’ll maintain the highest reward level achieved even as your assets decrease due to regularly scheduled withdrawals.

Keep saving to help grow your balance, your bonus, and your plans for the future.

• Make sure you link accounts with your spouse/common-law partner if they have a Manulife account.
• Every little bit you save in your Personal Plan account can help you get closer to the next reward level. This means your yearly savings bonus can get bigger.
• Bring your savings from other financial institutions over to the Manulife Personal Plan, so that all of your savings can earn rewards.

You can also set up automatic or one-time contributions to your Manulife Personal Plan account.

• One-time contribution: Sign in to your online Manulife account and select “More account options,” then “My account,” and lastly “Make a lump sum contribution”. If you’re using Manulife Mobile, click “Transactions” followed by “Lump Sum Contribution”.
• Ongoing contributions: Sign in to your online Manulife account and select “More account options,” then “My account,” and lastly “Start ongoing contribution”.

When you move from a Manulife Personal Plan savings to a Manulife Group Retirement Income Plan, you continue benefiting from the Member Reward Program. And as a GRIP member, even if your assets decrease due to regular withdrawals, your reward level will stay at the highest level you’ve reached.

The savings bonus is deposited into your account and automatically invested⁷ for you so your money can continue to grow.

Your Personal Plan or Manulife-sponsored Group Retirement Income Plan reward program may differ slightly from the one shown on this web page based on the setup of your retirement plan.

1 “Account” refers to each specific plan of which you are a member within Manulife Group Retirement accounts (e.g. If you have a RRSP and a TFSA within Manulife Personal Plan, that is two accounts) 2 Manulife can only link group retirement accounts within the same group retirement administrative system. Any accounts with assets that are accessed using the Manulife VIP Room cannot be linked to another business area of Manulife and cannot be linked to other accounts within the Manulife Group Retirement division. Accounts accessed through the Member VIP Room can only be linked to other accounts accessed through the Member VIP Room. 3 Assumes all assets are invested in market-based funds and is based on maximum assets in each level. Savings bonus has been rounded to the nearest dollar. Used for illustration purposes only, individual yearly savings may vary based on your actual assets. 4 All yearly savings bonuses are rounded to the nearest two decimal places in Manulife’s marketing materials. The MRP level is calculated based on the opening account balance on the first day of each month and applied only to the market-based assets in each tax type within your Manulife Personal Plan and GRIP. The savings bonus is deposited into the account once a year on the anniversary month of that account, if the account is still active and has assets in it. 5 Guaranteed interest account enhanced interest rates are only applicable on new deposits and renewals. 6 Assumptions: balance starting at $50,000 full balance in the Manulife Personal Plan, member was in Silver Plus MRP level, average IMFs used was 1.75%, average return of 5%, annual contribution of $2400 ($200 a month), no withdrawals or transfers-out were made during those 5 years, compounded annually. 7 If you're a group retirement member who can access your online account using the Manulife VIP room, the savings bonus is deposited using the same ratio as your current investments.