New Brunswick launches phased-retirement program for nurses

Province hopes move will keep experienced nurses in the system longer, help attract new recruits
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|hrreporter.com|Last Updated: 08/26/2003

T

he New Brunswick government, in an effort to retain the nurses it has and recruit new ones, has introduced a phased-retirement program for nurses in the hospital sector.

Starting in January 2004, eligible nurses can reduce their work hours to either 60 per cent or 50 per cent and then access their pension to supplement their income. The age of eligibility will be 56 as of Jan. 1, 2004 and 55 as of Jan. 1, 2005. Only full-time nurses within the hospital sector can apply to the program.