The Nursing Retention Fund (NRF) is designed to provide funds to public hospitals in Ontario for education/training as retention initiatives in circumstances where changes to hospital services may otherwise result in layoffs for nurses.
The NRF is a Ministry of Health and Long-Term Care initiative managed by the Ontario Nurses' Association (ONA), the Registered Nurses' Association of Ontario (RNAO), and the Registered Practical Nurses Association of Ontario (RPNAO).
The fund provides reimbursement to hospitals for the following:
· cost of education/training required to retain nurses
· salary continuance (wages/salary and benefits) for a period of up to 6 months while nurses are attending education/training programs