In 2008, the third version of Return to Forever (Corea, keyboards; Stanley Clarke, bass; Lenny White, drums; Di Meola, guitar) reunited for a worldwide tour. The reunion received positive reviews from most jazz and mainstream publications. Most of the group's studio recordings were re-released on the compilation Return to Forever: The Anthology to coincide with the tour. A concert DVD recorded during their performance at the Montreux Jazz Festival was released in May 2009. He also worked on a collaboration CD with the vocal group The Manhattan Transfer.
A new group, the 5 Peace Band, which features Corea and guitarist John McLaughlin, began a world tour in October 2008. Corea had previously worked with McLaughlin in Davis' late 1960s bands, including the group that recorded Davis' album Bitches Brew. Joining Corea and McLaughlin were saxophonist Kenny Garrett and bassist Christian McBride. Drummer Vinnie Colaiuta played with the band in Europe and on select North American dates; Brian Blade played all dates in Asia and Australia, and most dates in North America. The variety of Corea's music was celebrated in a 2011 retrospective with Corea playing with the Jazz at Lincoln Center Orchestra in the Lincoln Center for the Performing Arts; a New York Times reviewer had high praise for the occasion: "Mr. Corea was masterly with the other musicians, absorbing the rhythm and feeding the soloists. It sounded like a band, and Mr. Corea had no need to dominate; his authority was clear without raising volume."
A new band for 2013, Chick Corea & The Vigil, featured Corea along with bassist Hadrien Feraud, Marcus Gilmore on drums (carrying on the lineage of jazz from his grandfather, Roy Haynes), saxes, flute, and bass clarinet from Tim Garland, and guitarist Charles Altura.