Funds
Vacation fund members are nurses who contribute a percentage of their salaries to the fund. The fund is based on a points system. The INA’s vacation fund owns eight holiday houses and flats in different parts of the country and during the summer months the Association rents additional holiday accommodation. The houses and flats are rented out to fund members at favourable rates provided they have accumulated a sufficient amount of points. Fund members earn 1 point for every calendar month of work. The points may also be used to purchase various gift vouchers made available by the vacation fund.
The vocational training fund provides grants for study programs, courses and conferences as well as for other expenses related to these activities. Allocations from the fund are made six times a year.
Grant applications to the Vocational Training Fund are submitted My Pages, but access to this portal requires the use of either IceKey or electronic ID. The maximum amount for which applications can be made every 24 months is ISK 240,000.
Applications
Applications are submitted through the portal My Pages. The applications must precisely specify the purpose for which the grant will be used, i.e. study program/course/conference/field visit, as well as related expenses such as airfares or fuel cost.
Eligibility
A review is made of an applicant‘s fund contributions over the last three months immediately preceding the event for which the application is made.
A fund member whose fund contributions exceed ISK 800 per month during the previous three months is entitled to a full grant, whereas a fund member with contributions lower than ISK 800 per month during the last three months is entitled to a partial grant, i.e. ISK 120,000 over a period of 24 months.
What is the grant for?
In order to qualify for funding, projects must generally relate to the fund member‘s field of nursing and be intended to increase the member‘s professional competence in nursing, management, communication, personal empowerment and foreign language skills.
Funded
- Costs relating to study programs, courses, conferences, symposia, and professional field visits to healthcare facilities where organised programmes of at least 6-8 hours are provided
- Travel expenses (e.g. airfares or transport costs)
- Hotel and accommodation expenses
Not funded
- Subsistence (food expenses) and travel within cities/municipalities
- Wage loss
- Books or educational materials
- Recreation courses
- Other occupational courses
- Excursions to healthcare facilities where organised professional programmes of at least 6-8 hours are not provided
Required documentation
In order for an application to be processes and grant payments to be made, the application must be accompanied by the following documentation:
- confirmation of payment for study program/course/conference/field visit
- in the case of a field visit: programme for the visit
- confirmation of the payment of flight tickets
- confirmation of payment for accommodation
- confirmation of fuel payment which details fuel prices for the day in question
A confirmation text appears on the screen when an application has been submitted. The application can also be seen in an overview of applications on My Pages. The same confirmation text is also sent by e-mail. If none of this has appeared, the application submission has not been successful.
Payments
Valid applications submitted to the fund are assessed during board meetings of the Vocational Training Fund and grants are paid out on the 15th day of each payment month. Grant payments are made in February, April, June, August, October and December.
Fund members are notified by e-mail when the board has reached its decision.
The support fund provides financial assistance to Association members in the event of sickness or accident. The fund supports and empowers members during rehabilitation after sickness or accident and assists members in taking preventive measures concerning their health and wellbeing.
The right to benefits from the fund is acquired when an Association member has paid contributions for a total of 6 months; however, the last 3 payments preceding the incident for which assistance is sought must be consecutive.
Birth grant
The maximum birth grant paid to a parent for each child is ISK 250,000. The exact amount paid depends on whether the parent is in a full-time or part-time position. Applications for birth grants must be made within one year of the child’s birth. Applications are made through Mínar síður.
Health grant
A grant totalling ISK 60,000 is available annually for health-related expenses. Health grants are generally taxable and the tax is deducted from the payment before it is made.
Grants for sports, fitness programmes or rehabilitation are exempt from taxation.
Applications are made through Mínar síður.
Mínar síður
Sickness benefits
Sickness benefits may be applied for in the event of an accident or prolonged illness. Applicants need to fill in a special form and send in to the INA office: Skrifstofa Fíh, Suðurlandsbraut 22, 108 Reykjavík
Funeral grant
Applications for funeral grants are made at the INA office: Skrifstofa Fíh, Suðurlandsbraut 22, 108 Reykjavík.
Funeral grants are paid for:
- The funerals of active fund members
- The funerals of fund members who have given up work and pass away within a year from when the last fund contributions on their behalf were received
- The funerals of fund members’ children (18 years of age and younger)
As of 1 January 1994 employers were obligated to contribute sums amounting to 1.5% of the basic salary of nurses to a science fund. The fund is held and administered by the Icelandic Nurses’ Association and is divided into two sections, A and B.
The Association handles payments to its members from the A-section during the first quarter of each year. Payments are made into the members’ bank accounts. Because of some misunderstanding concerning the science fund, it should be pointed out that no applications are necessary for grants/allocations from the fund.
So that payments can be made, however, it is imperative that all Association members who have received salaries in accordance with the current wage settlement submit their banking details. Banking details can be submitted on Mínar síður (My pages, members‘ personal pages on the Fíh website.)
As for the B-section of the Science Fund, some 3% of the fund’s income is reserved for sponsoring research and development projects. Allocations from the B-section are made once a year. Application deadlines are the 15th of march every year. Further information and application form is found here.
Icelandic Nurses’ Research and Science Fund
The aim of the fund is to give financial support to nurses undertaking research and scientific work related to nursing in Iceland. The financial assistance is intended for all areas of research. The fund does not give financial support for courses of study. The fund was established on 12 May 1987 by Ms María Finnsdóttir, director of education at the Icelandic Nurses’ Association.
Further information on this fund is found here.
The Memorial Fund of Mr Hans Adolf Hjartarson
Hans Adolf Hjartarson, executive director, died in January 1951. The fund was established by his family and class companions in order to support the further education of nurses. This was done in fulfilment of the wishes of the deceased to express his gratitude for the excellent nursing he received at Landspítali.
Memorial cards are available at the Association’s office, tel. 540 6400. Further information on this fund is found here.
Ms Kristín Ólína Thoroddsen, b. 29 April 1894 - d. 28 February 1961, was matron of Landspítali and the School of Nursing from its foundation in 1941. Former students and other nurses established this fund upon her death as a token of gratitude and respect for her pioneering achievements. The aim of the fund is to reward nurses who have excelled in their studies and shown exceptional talents for nursing. The fund also grants scholarships for further education in nursing. Memorial cards are available at the Association’s office, tel. 540 6400. Further information on this fund is found here.