With the RICS retirement concession, you benefit from reduced membership fees and continued access to trusted resources - while staying connected to the profession and its future.
As a retired member, you can:
Your legacy strengthens RICS and we’re proud to support your ongoing involvement.
For more details, see our retirement concession FAQs or apply below.
When you retire, you have four options:
Please inform us your retirement date as soon as possible so we can update your membership and fees. Email contactrics@rics.org.
You qualify for the retirement concession if you:
To apply for the retirement concession:
You’ll need to provide proof of retirement, such as:
Your retirement concession takes effect at your next membership renewal once you apply during your renewal journey. You are eligible to apply for the upcoming retirement concession if you plan to retire later in the year.
Concessions must be applied for at the time of your renewal. We do not offer refunds for concession claimed after payment or a commitment to pay has been made.
If you retire in January, your membership subscription will be reduced by 90%. For retirements occurring later in the year, the subscription fee will be adjusted on a pro rata basis according to the following schedule:
Yes, if you are on the retirement concession, simply inform RICS by emailing contactrics@rics.org, and we will adjust your renewal fee. If you resigned, you’ll need to apply for reinstatement.
If you're a member of the Valuer Registration Scheme or have a regulated firm, you must de-register upon retirement. For guidance on how to manage your firm registration, visit the firm registration page. If you have any questions, email the regulation team at regulation@rics.org.
Your membership remains active, but fees may change based on your new country. Please update your details in your RICS account to ensure correct billing.
View the latest professional fees by country and member grade.
Once notified, RICS will:
No, once you apply for the retirement concession, your fees will be reduced. If you retire partway through the year, your fees will be adjusted based on your retirement date:
If you retire before 1 January, you’ll receive a 90% fee reduction for your next membership renewal, which will automatically apply in future years.
You have the same payment options as full members. To view all available payment methods, visit RICS Payment Options.
Yes, if you maintain full membership, you can continue using your RICS designation (AssocRICS, MRICS, FRICS).
Yes, but with restrictions:
No, members with the retirement concession are exempt from CPD requirements. However, you still have access to RICS learning materials and professional resources.
As a retired member, you retain:
Maintaining your membership also allows you to return to full membership without going through the readmission process if you return to paid work.
Yes, as a retired RICS member, you can serve as a counsellor or assessor for RICS candidates, helping to mentor the next generation of professionals. Explore ways to give back here.
No, the retirement concession is specifically for those who are no longer working for remuneration and do not plan to return to work.
If you’re working part-time before retiring, you may qualify for a part-time working concession. View concessions here.
Yes, you can offer unpaid professional advice after retirement. However, you must carry Professional Indemnity Insurance (PII) to protect against claims of negligence and comply with RICS CPD obligations.
For more details, visit the CPD Compliance Guide page.