posted March 19, 2012
Nearly half the nurses who responded to a recent CRNBC survey said they are planning for retirement. Of the 7,941 nurses who responded to the survey, 21.5% said they would retire before 2012, 29.5% said they would retire between 2013 and 2015, 25.7% said they would retire between 2016 and 2020, 11.7% said they would retire between 2021 and 2025, and 11.5% said they would retire after 2026.
The survey was sent to 36,343 practising and non-practising RNs, licensed graduate nurses and nurse practitioners. Of the 7,941 registrants who responded to the survey, 3,532 said they had a planned year for retirement and 4,409 did not.
Of those who have a planned year for retirement, 54.4% said they expected to continue working as a registered nurse and maintain practising registration with CRNBC following retirement. Approximately 63% said they would like to work on a casual basis after retirement and just under 20% said they planned to work as a self-employed nurse.
Twenty-one per cent said they would maintain non-practising registration with the College following retirement and 11.8% said they would maintain practising registration and not work.
The survey also asked nurses when they might consider discontinuing their registration with CRNBC. Sixteen per cent of survey respondents said they would discontinue their registration before 2012, 30.4% between 2013 and 2015, 29% between 2016 and 2020, 12.6% between 2021 and 2025, and 12% after 2026.
Asked if they would be available following retirement to assist in the event of a major emergency or pandemic, 1,185 said they would be available. One out of four respondents said they would volunteer, without financial compensation, to mentor young nurses entering the profession. Sixty-eight per cent said they would be a mentor if they were paid.
The results of the survey will assist CRNBC in predicting and tracking the increase/decline of registrants over the next several years and assist the College with financial and resource planning.