[Archived] Contract
HOA CONTRACT 2021
ARTICLE IV. COMPENSATION - BENEFITS
SECTION H. PAYMENT TO ENCOURAGE SAVINGS
PARAGRAPH 50
¶50
Exceptions to this standard may apply in the event a House Officer's appointment is extended beyond the standard residency/fellowship program term or a House Officer resigns or is discharged from a residency/fellowship program. Extensions to one's standard residency/fellowship program could result from a paid leave, remediation, or elective research and are approved by Residency Review Committee or Program Board. In these cases, additional lump sum payment(s) will be paid out according to the following time frames:
Appointment extension (based on appointment year) | Portion of lump sum payment paid out |
12 months | 100% |
More than 6 and less than 12 months | 50% |
Less than or equal to 6 months | 0% |