Radiology Resident Benefits

Benefits

The MUSC Radiology Residency programs provide a number of benefits to support our residents.

Educational Fund

  • $3,500 during residency which may be used for books, ABR fees, and non-presenting conference travel expenses.
  • An additional $1500 per year is provided for presenters at conferences to help with travel and hotel expenses.
  • $3,750 for the 4-week AIRP course to cover tuition, travel, and living expenses.

Other Benefits

The following Resident stipends are set for academic year July 1, 2019 to June 30, 2020. Stipends will be re-evaluated in the fall of each year.

  • PGY-1 $52,778
  • PGY-2 $54,463
  • PGY-3 $56,164
  • PGY-4 $58,708
  • PGY-5 $61,043
  • PGY-6 $64,080
  • PGY-7 $68,156
  • PGY-8 $71,959

Annual compensation for residents is in accordance with the compensation schedule that is in effect on July 1 of each year. Paychecks are received on the last working day of the month.

Annual Leave: Full-time residents receive three weeks of compensated annual leave per year.

Sick Leave: Full-time residents receive three weeks of sick leave per year. Sick leave can be used for personal illness, disability or injury, and for medical, dental or optical appointments.

Maternity Leave: Residents are eligible to utilize their paid annual and sick leave for maternity/paternity/other approved medical leave. Residents may request additional unpaid time off beyond the initial six weeks. Paid leave will be reduced by leave used previously during the twelve month academic period. This request must be approved by the Program Director in writing, in advance.

Paternity Leave: Granted to the father at the time of birth or adoption in conjunction with the Family Medical Leave Act (FMLA). The father will be granted a maximum of six (6) weeks Paid Leave (3 weeks Annual Leave; 3 weeks Sick Leave) per twelve month period. Paid leave will be reduced by leave used previously during the twelve month academic period. The Resident may request additional "unpaid" time off beyond this initial six (6) weeks. This request must be approved by the Program Director in writing, in advance. If an ACGME RRC and/or the Specialty Board restricts time off to less than six (6) weeks in an academic year, the Program Director will defer to the allowable RRC and/or Specialty Board Eligibility requirement(s), thus, the Resident may be required to make up any time missed in accordance with these requirements.

Health Insurance: Residents and their dependents are eligible for State insurance benefits administered by PEBA insurance, which include; MUSC Health, Dental, Vision, Optional Life, Dependent Life Spouse, Dependent Life Child Coverage and Supplemental Long Term Disability. Premiums are deducted on a pre-tax basis via payroll deduction.

Life Insurance: Health insurance coverage includes a ‘Basic’ life component equal to $3000 and a ‘Basic long term disability’ component which provides a monthly benefit after a 90 day waiting period, if approved. Preexisting conditions are not covered for 12 months from effective date of coverage. The ‘basic’ life & ‘basic’ long term disability coverage are included (free), if health coverage is elected. Residents are eligible to elect optional life, dependent life spouse and coverage for children.

Disability Insurance: Residents will receive basic long term disability insurance if health insurance is elected. If approved, the benefit is 62.5%, not to exceed $800, and begins after a 90 day waiting period. Supplemental long term disability insurance is available at a competitive rate. If participating in the PEBA traditional pension plan, after eight (8) years of earned service (vesting period) in the event of a disability, Residents are eligible to apply for disability retirement if they are also approved for Social Security Disability.

Professional Liability Coverage: The resident will be covered for malpractice liability while performing duties and responsibilities in the program. The policy provides $1,200,000 per medical occurrence.

Retirement: Residents have an opportunity to participate in one of the two State Retirement plans offered by SC PEBA Retirement. Participation is optional. Residents have 30 days to choose a plan or to opt out of State Retirement. Contributions are deducted on a pretaxed basis and represent a flat percent of participant’s salary. This deduction is set & determined by SC PEBA Retirement. Election of membership is permanent until separation of employment.

  • Optional Retirement Plan (ORP), vested immediately
  • State Pension Plan, vested after 8 years of participation

After 1 year of State Retirement participation, there is an ‘Active Incidental Death Benefit’ equal to 1x’s annual salary, payable in a lump sum to participant’s beneficiary, upon employee’s death.

Meals: MUSC provides money for meals from the MUSC cafeteria, Subway, Chick-Fil-A, Pandini’s, and at the Ashley River Tower Cafeteria. All residents will receive $60 per month for a meal allowance.