Benefit Information

NEUROLOGY RESIDENCY TRAINING PROGRAM:
HOUSE STAFF BENEFIT INFORMATION

Stipends

PGY-1          $43,118
PGY-2          $44,224
PGY-3          $45,969
PGY-4          $47,849
PGY-5          $49,203
PGY-6          $50,931

Vaction and Sick Leave
(Please see Part A of the Resident’s Manual for complete information).

All residents/fellows will be given one month of leave to be used for both vacation and sick leave. Any leave that exceeds one month will be unpaid and must be made up at the end of training. There is no carry over of vacation or sick time from one year to the next.

For sick time, residents are responsible for notifying the residency program coordinator, the senior resident at their site, and the appropriate faculty member of their rotation as soon as possible.

Residents are given 3 weeks (21 days) of vacation per academic year. Resident vacations are scheduled into the rotation schedule at the beginning of the academic year, and are not flexible. Finding coverage for any vacation requests made after the yearly rotation schedule has been finalized is the resident's responsibility.

Residents are allowed to take one week of vacation during ambulatory and elective rotations. Once week means Sunday through the following Saturday, which is a full seven days. Any exception to this one full week policy must be approved by the program director. Vacations are not allowed during certain rotations including inpatient rotations at Fairview University Medical Center, Hennepin County Medical Center and the Veterans Affairs Medical Center.

Residents who are graduating from the residency program are allowed to take vacation during one of the last two weeks of their residency. Please plan accordingly and save a week of vacation if you wish to use it at the end of the academic year.

Medical Care and Insurance
(Please see Part A of the Resident’s Manual for complete health and dental insurance information.)

Health Insurance
All Residents and Fellows must be enrolled in either the Comprehensive Major Medical plan or the Aware Gold Limited with Co-pay plan. 

Dental Insurance
Optional dental coverage is available for Residents and Fellows only.  Family dental coverage is not available.

Life Insurance
(Please see Part A of the Resident’s Manual for complete life insurance information.)

Life insurance is provided, at no cost, to all residents/fellows through Blue Cross Blue Shield of Minnesota.  The benefit amount is $25,000.

Long-Term Disability Insurance
(Please see Part A of the Resident’s Manual for complete long-term disability insurance information.)

Long-term disability insurance is provided, at no cost, to all residents/fellows through Northwestern Mutual Life.  Enrollment in the disability insurance plan is automatic with no application form being required.  The plan provides a benefit equal to 80% of your monthly earnings. 

Short-Term Disability Insurance
Short-term disability insurance is provided, at no cost, to all residents and fellows in the Department of Neurology through Northwestern Mutual Life.  Enrollment in the short-term disability plan is automatic with no application form required.

Under this policy, a disability is defined as an injury, sickness or pregnancy for which you are under the ongoing care of a physician or practitioner other than yourself.  The plan pays for both total and partial disability.  This plan has a 15-day beginning date – you must be disabled for 14 days before benefits begin.  The plan pays 70% of your base stipend if disabled and benefits can be paid up to 24 weeks.  Maximum weekly benefit is $1,000.00.

Professional Liability Insurance (Malpractice)
The Resident and Fellow Professional Liability Insurance policy is administered through the University’s Office of Risk Management and Insurance.

Miscellaneous Benefits

• Use of University Recreation Sports Center
• Library Services
• Junior Membership in the American Academy of Neurology
• Annual Resident Awards
• Computer Discounts at the University of Minnesota Bookstore
• Credit Union
• Life Support Training
• $500 per year – Resident’s Education Allowance
• Free Parking
• Two lab coats with free laundry service
• PDA (one-time allowance)