Salaries (2024-2025)
The following trainee stipend schedule has been approved for the 2024-2025 academic year:
PGY-1: $71,064
PGY-2: $73,686
PGY-3: $76,459
PGY-4: $79,868
Paid leave
Paid leave includes four weeks (20 calendar days) of vacation, personal or educational leave, and sick leave (5 days) with individual approval. House officers may use some of this time for paid maternity/paternity leave with approval of the training director. If other leave is required, the house officer will be required to make up the additional time in order to meet ACGME requirements.
Insurance
Residents have the choice of health insurance plans. Premium costs are shared between the University Hospital and the house officer for health coverage for the house officer and family. Group dental insurance for the house officer and family is available at a nominal charge per month. Group term life insurance in the amount of $25,000 at no charge. Additional life insurance up to a maximum of $350,000 may be purchased by the house officer. Malpractice insurance is provided by the hospital for professional activities that are an approved part of the training program. Disability insurance for specialty‐specific occupation with benefit equal to approximately 66.6% of monthly earnings up to $3,000/month. Basic policy paid by the hospital. Additional options may be purchased by the house officer.
Meals & Housing
Meals will be provided to an on-call house officer required to spend the night in any affiliated hospital as part of his/her training program. Additional meal stipends are provided for call shifts. Overnight accommodations are available in the hospitals for house staff on-call. House and condominium costs are modest enough that many residents purchase their housing.
Other Benefits
- Parking Stipend $25 per pay period (~$50 per month)
- Retirement Contributions:
- Beginning July 1, 2024, GME trainees will automatically be enrolled in a 401(a) defined contribution retirement plan with immediate vesting funded by the University and Affiliated Hospitals.
- The contribution for FY25 is 1%, FY26 is 2%, and FY27 is 3%. Future contributions will be determined by October 1, 2026.
- In addition to the above automatic contributions, GME trainees can choose to contribute to the University’s 403(b) and 457(b) plans
- Reduced tuition
- Student discount on Ikon Ski Pass
- Bookstore discount
