Resident Stipends and Dependent Benefits - Fiscal Year 2006-2007

May 11, 2006
The Graduate Medical Education Operating Committee has approved a 3% increase in resident stipends for FY2007 (the fiscal year beginning July 1, 2006). The new stipends are:

PGY1
PGY2
PGY3
PGY4
PGY5
PGY6
PGY7
Annual
40,500
42,300
44,100
46,140
48,000
49,200
51,300
Monthly
3,375
3,525
3,675
3,845
4,000
4,100
4,275

The reimbursement of dependent health insurance cost will continue as it was implemented effective July 1, 1999. A resident may select any health insurance plan offered by UIC, but any cost beyond the approved reimbursement amount will be borne by the resident. For Fiscal 2006-2007, the maximum reimbursement is $66.00 for one dependent and $97.00 for two or more dependents. (This is the cost of Unicare HMO coverage.)

As always, please feel free to call if you have any questions or concerns.

Cathy Canfield-Jepson
Director of Graduate Medical Education