Resident Stipends and Dependent Benefits - Fiscal Year 2008-2009

March 17, 2008
The Graduate Medical Education Operating Committee has approved a 4% increase in resident stipends for FY2009 (the fiscal year beginning July 1, 2008). The new stipends are:

PGY1
PGY2
PGY3
PGY4
PGY5
PGY6
PGY7
Annual
44,700
46,680
48,720
50,940
52,920
54,360
56,640
Monthly
3,725
3,890
4,060
4,245
4,410
4,530
4,720

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 2007-2008, the maximum reimbursement is $70.00 for one dependent and $101.00 for two or more dependents. (This is the cost of Unicare HMO coverage.) The actual FY09 reimbursement amount will be announced when the FY09 insurance plan costs are available.

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

Cathy Canfield-Jepson
Director of Graduate Medical Education