Inactive & Retirement Status

Inactive Status

CTP, CTP(CD) and CCM Inactive Status recognizes certificants who are unable to meet the recertification requirements due to an unusual and/or extenuating circumstance.

During the period of Inactive Status, the designations cannot be used until it has been successfully reactivated.
A certificant may hold Inactive status for no more than five years (60 months) from the date of confirmed approval. During this period the certification will not lapse and the requirement to submit recertification credits and the recertification fee will be suspended.
The certificant's certification record will remain in good standing.
Further extensions beyond the 5 year period will not be granted. If the credential is not reactivated within 5 years the credential will be revoked and the certificant will be required to apply for reinstatement under the reinstatement requirements in effect.

Eligibility for Inactive Status

To be eligible for Inactive Status, the applicant must be a certificate holder in good standing.
Application for inactive status must be submitted no later than March 1 of the year the applicant is due to recertify.

For example, a certificant whose cycle ends June 30, 2015 must apply for Inactive status no later than March 1, 2015. After March 1, the certificant must first successfully recertify before applying for Inactive Status.

Reactivation Requirements

To reactivate the CTP, CTP(CD), or CCM credential, a certificant holding inactive status is required to submit the following:

Inactive Status Period	Reactivation Requirements
Up to 3 years	20 eligible continuing education credits of which at least 8 credits must be completed within the 12 months immediately preceding the submission of the Reactivation Application. Documentation confirming completion of each activity reported. Completed Reactivation Application and reactivation fee.
3 to 5 years	36 Eligible continuing education credits of which at least 12 credits must be completed within 12 months immediately preceding the submission of the Reactivation Application Documentation confirming completion of each activity Completed Reactivation Application and reactivation fee

Recertification Cycle Dates After Reactivation

After reactivation your first recertification cycle will begin July 1 of the year in which your credential becomes active.

For example: reactivation occurs January 1 – December 31, of 2015, the new 3 year recertification cycle will be July 1, 2015 to June 30, 2018. You would begin accruing credits for the new cycle starting July 1, 2015.

Inactive Status forms can be found on the Forms page.

Retired Status

CTP, CTP(CD) and CCM Retired Status recognizes Certified Treasury Professionals and Certified Cash Managers who have permanently retired from active practice in either the treasury, finance, or accounting field(s) and who wish to apply for Retired Status. Retired Status cannot be used to retain the certifications due to hardship, unemployment, sabbatical, or illness.

Apply for Retired Status

Requirements for Retired Status

Applicants must have successfully completed at least one three-year certification cycle and must be a certificate holder in good standing.
Applicants who are within six (6) months of their cycle end date must first recertify before applying for retired status.
Once accepted into Retired status, the certificate holder may no longer use the "Certified Treasury Professional", "Certified Cash Manager", "Certified Treasury Professional with Mastery of Canadian Treasury Management", "CTP", "CCM" or CTP(CD) designations. Instead, "Certified Treasury Professional (Retired)", "Certified Cash Manager (Retired)", "Certified Treasury Professional with Mastery of Canadian Treasury Management (Retired), "CTP(Retired)", "CCM(Retired)" or CTP(CD)(Retired) designations are to be used in your professional correspondences.
Certified Treasury Professional Associate (CTPA) credential holders are not eligible to apply for Retired status.

Benefits of Retired Status

Certificant will maintain continued use of the designation for the duration retired status is held.
The requirement to submit continuing education credits and recertification fees are suspended.
The certification will not lapse and certificant will retain a "good standing" record.
A fee is not required to apply for retired status.
A reactivation fee is not required.

Reactivation Under Retired Status

The credential can be re-activated if the certificant returns to a full- or part-time treasury, finance or accounting- related position.
The certificant must submit to the AFP Certification Committee, a letter requesting reinstatement, 36 continuing education credits in the areas of treasury, finance or accounting, proof of attendance, the Recertification Reporting Form and applicable recertification fee.
Upon approval the certificant's record will be re-activated to begin the recertification cycle on July 1st of the year in which the request is confirmed and a new certificate will be issued.

Retired Status forms can be found on the Forms page.