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Retiring Members

Be familiar with by-laws and regulations that pertain to retiring members

Being classified as “retired” primarily impacts whether there is a requirement to meet mandatory continuing professional development requirements and the amount of the annual membership dues. Members who are planning to retire should note the following:


Annual Membership Dues (AMD)

In accordance with Regulation 11-1, the following members may file a waiver in order to be exempted from Annual Membership Dues:

  • Members who, on April 1 of the AMD year, are 65 or more years of age, and who have been granted retired‑member status in another provincial body or a recognized professional accounting body, and have been a member in good standing with CPA Ontario for at least one year; or
  • Members who, on April 1 of the year the Due is due, are 55 or more years of age and whose:
    • Gross income from all employment, director’s fees, and net income from self-employment (excluding employment insurance, pension income, investment income, support payments, and disability income) is not greater than CDN$25,000.
    • Age and the total number of years of continuous membership in good standing in CPA Ontario and one or more provincial bodies or a recognized professional accounting body equals or exceeds the sum 70.
  • Members who have retired-member status in another provincial body or a recognized professional accounting body and who have been a member in good standing for 15 continuous years.

  • Members who have been granted retired-member status with CPA Ontario before July 2, 2014.

  • Life members.

Continuing Professional Development

Depending on the activities undertaken, retired members may qualify for reduced CPD requirements.  Please see Continuing Professional Development for more details.


Rules of Professional Conduct Specific to Retirees

Often retired members continue to work with former clients or firms. Retiring members should review the CPA Code of Professional Conduct - Rule 204 Independence, to ensure that they are familiar with the rules and apply them accordingly.


Member Benefits

Membership in CPA Ontario is an ongoing requirement to be eligible for member benefits; this is not impacted by your retirement – unless you resign your membership or your membership is otherwise terminated/revoked.