Preparing for retirement

Retiring from medicine? Here are tips and resources to help with your transition.

Practice Advice

The AMA created a guidebook, The Physician’s Guide to Closing a Practice, to support physicians in Alberta in closing, leaving or moving your practice. The purpose of the guide is to address important requirements when going through these processes.

AMA Membership

Make it Official

Be sure to notify the Alberta Medical Association in writing of your date of retirement to pro-rate and adjust your membership and, if applicable, process a refund.

Let us know if you would like to continue retaining an AMA/CMA membership as a retired member or cancel your membership going forward. A retired membership is $94.24/year. Other than changes to the negotiated benefits, a member who retires from practice shall enjoy all the rights and privileges of a full member.

Update Your Contact Details

In your letter to the AMA announcing your retirement, please provide any new contact details. Alternatively, you may update your profile on our website.

Update Your Banking Information

If the account you use for preauthorized payments to the AMA is changing, log into the Member Dashboard to complete and return the Payment Request form.

ADIUM Insurance Services

If you hold AMA group insurance coverage (AD&D, AMA HBTF, CI, DI, POE, TL) note that only the Disability and Professional Overhead Expense plans terminate upon retirement. Please contact ADIUM Insurance Services to advise us of your retirement. All other plans may continue in retirement up to the maximum age allowed:

  • AD&D, CI, TL – policy anniversary date following the attainment of age 75
  • AMA HBTF – no upper age limit on the Core Plan
  • If you continue to practice, the DI and POE plans continue to the policy anniversary date following the attainment of age 75 and 80, respectively.

To be eligible for AMA group coverage, you will need to maintain a Retired AMA membership.

Changes to the negotiated benefits

When you have fully retired, the following will apply: 

  • Medical Liability Reimbursement will no longer be applicable: Please inform the Canadian Medical Protective Association of your retirement or change in practice status.
  • See the MLR Program Administration Policy for more information.

Contact us

Jennifer A. McCombe
Team Leader
Membership and Benefits
Alberta Medical Association
T 780-732-3359
Email Jennifer McCombe
TF 1-800-272-9680

Georgina Welch
Membership and Benefits
Alberta Medical Association
T 780-482-0309
Email Georgina Welch 
TF 1-800-272-9680

Alberta Medical Association
12230 106 Ave NW
Edmonton AB T5N 3Z1
Fax: 780-482-5445

Who else do you need to contact?

MD Financial Management

MD Financial Management can help you optimize your income in retirement — to enjoy the lifestyle you want. If you’re an incorporated physician, get advice on your corporate account, whether you’re winding down your practice or converting your corporation. Learn more by using the MD retired physician hub or contact an MD advisor*

*MD Advisor refers to an MD Management Limited Financial Consultant or Investment Advisors (in Quebec) or an MD Private Investment Counsel Portfolio Manager.

Canadian Medical Protective Association

The College of Physicians & Surgeons of Alberta

The College of Family Physicians of Canada

The Royal College of Physicians and Surgeons of Canada

Visit the Royal College website or contact the Royal College Services Centre: 

Retirement news

Alberta Medical Association Mission: Advocate for and support Alberta physicians. Strengthen their leadership in the provision of sustainable quality care.