Residency and Fellowship Benefits 

UMMS prides itself on its resident-friendly philosophy, made real through the direct services offered by the Office of Graduate Medical Education (OGME). The office reinforces the view that residency must be recognized as an educational endeavor rather than solely a provision of clinical service. It therefore encourages communication among residents and representatives from the clinical system in response to resident concerns, and advocates on behalf of residents and program directors. 

 

2008 - 2009 Stipends

PGY1..................................................$47,439.09

PGY2.................................................$49,075.19

PGY3.................................................$51,331.74

PGY4.................................................$53,648.52

PGY5.................................................$55,831.96

PGY6.................................................$57,724.52

PGY7................................................$59,571.64

 

  HR Benefits Guide 

Benefit Name and Link 

  Summary     
Health Insurance  
  • Individual or family coverage 
  • UMass pays 80% of premium 
  • Choice of HMO's, PPO's, or indemnity insurance 
Dental Insurance  
  • Family coverage for full-time residents and fellows 
  • UMass pays 100% of premium; higher level of coverage may be elected for monthly premium 
Retirement System 
  • Massachusetts deducts 9% of salary instead of  Social Security (FICA). 
  •  An additional 2% is deducted from earnings over $30,000 per year. 
  • State retirement savings are refundable  when residents leave state service 
Paid time off 
  • 3 weeks Vacation 
  • 3 weeks Sick time 
  • 3 days Personal   
Leave of Absences 
  • Maternity 
  • Family 
  • Adoption 
Sick Leave Bank 
  • Optional participation 
  • Provides financial support during extended medical leave 
Term Life Insurance 
  •  $5,000 coverage included with health insurance coverage 
  • Option to purchase additional coverage 
Long Term Disability Insurance 
  • portable LTD plan offered free of charge 
  • option to purchase additional LTD 
Pre-tax spending accounts 
  • Estimate your dependant care or health care expenses for the year and deduct this amount from your paycheck pretax.  

403 B  & 457 B Tax Sheltered Annuity Programs 
  • Four companies to choose from 
Discounted Auto and Home Insurance 
  • Available through Metpay 
  • Premiums deducted from paycheck 
Tuition Benefits 
  • Trainee, spouse and children may receive up to full tuition remission or waiver at Massachusettes State colleges and universities.  
Child Care 
  • Two  child care facilities with highly trained professional staff for infants to young school age.  
  • Information and referrals 
  • Child care cost subsidization 
Snow Camp  Child care available if schools closed due to inclement weather. 

Employment Assistance          

 For Spouses and Significant Others 
Meals when on-call   Meal tickets  provided for overnight on call. 
White Coats and Scrubs 
  • Free lab coas and scrubs 
  • Number of coats determined by length of program 
Malpractice Insurance  Occurence coverage through self-insured trust 
Moonlighting 
  • Arranged in accordance with UMMS and individual program policies 
Counseling  Confidential, subsidized access to quality mental health services designed to help residents cope with the rigors of the training process 
Financial Assistance  Interest-free emergency loans available 
Debt Management 
  • Free seminars and informal assistance 
  • Student loan deferment certification 
UMass Continuing Education  Free tuition for all UMASS CME courses 
Practice Management Training and Job Placement Assistance  The OGME hosts hospital and department-wide conferences on topics related to identification, evaluation and negotiation of employment opportunities. It also provides individual assistance to residents as needed. 
UMass Fitness Center  On campus  health and fitness center  
Employee discount programs  Information and discounts 
Cultural/Recreational Activities 
  • Information 
  • Discounts 
  • Orientation and ongoing social events for residents and their families