Benefits and Stipends
Stipends
| Post-graduate Level (22-23) | Annual | Bi-Weekly (26 Pay Periods) |
|---|---|---|
| PGY1 | $58,400 | $2,246.15 |
| PGY2 | $60,636 | $2,332.15 |
| PGY3 | $62,687 | $2,411.04 |
| PGY4 | $65,872 | $2,533.54 |
| PGY5 | $69,308 | $2,665.69 |
| PGY6 | $72, 182 | $2,776.23 |
| PGY7 | $75,694 | $2,911.31 |
| PGY8 | $79,536 | $3,059.08 |
| OMSF Students | $6,000 | $230.77 |
| Optometry | $40,000 | $1,538.46 |
| Pastoral Care (PGY1) | $37,000 | $1,423.08 |
| Pastoral Care (PGY2) | $38,000 | $1,461.54 |
| Pharmacy | $50,137 | $1,928.35 |
*The University of Kentucky GME stipends are based upon available national data. The university’s stipend equals or exceeds southeast region comparatives. The estimated value of non-monetary benefits is estimated at an additional 20% of income.
**The department of neurology’s chief residents receive additional compensation for their administrative responsibilities. This is received semi-annually.
Benefits
| Benefit | Details |
|---|---|
| Vacation* | 15 Days |
| + 9 Holidays and 4 bonus days, 10 paid holidays during an election year | |
| Health Insurance | UK credit for plan and coverage level chosen |
| Parking Permit | Employee parking area |
| Lab Coats or Medical Scrubs | Three per year |
| KY Dental / Medical Licensure | Dental: original cost, plus yearly renewal. Medical: original cost for the required license, plus yearly renewal |
| Disability Insurance | Effective after 12 months of employment |
| Life and Disability Insurance | Life insurance coverage for one times the amount of the annual stipend is provided at no cost to residents and fellows. Optional life insurance coverage, up to eight times the annual stipend amount, may be purchased. Please refer to the UK Benefits Life Insurance for details. Long term disability insurance is provided at no cost, effective after twelve months of employment. Participation in additional voluntary insurance plans is also available. |
| Meal Money | Funds added to paycheck (based upon duty hours) |
| Individual Pager | Included at no cost |
| Retirement | Trainees are eligible for the University’s retirement plan matching contribution. However, they may contribute to the University’s voluntary retirement plan. |