 | Board of Visitors minutes June 4, 1965 |  |
AMENDMENTS TO CLINICAL PRACTICES AGREEMENT
The following resolution was adopted:
RESOLVED by the Board of Visitors of The Rector and Visitors of the University of Virginia
that the following amendments to the agreement between the University of Virginia and the Geographic
Full-time Clinicians of the Faculty of the School of Medicine for the period 1 July 1964
through 30 June 1967 be and they are hereby approved:
1. The Administration of the School of Medicine of the University of Virginia and the Geographic
Full-time Clinicians agree that during the period July 1, 1964-June 30, 1967 the highest
income ceiling of the Clinicians shall be $30,000, and provided earnings justify it, there will be
further increases in income limits to the maximum permitted by the State of Virginia.
2. The present contract shall include provisions of the previous contract, July 1, 1961June
30, 1964, specified in paragraphs 3 and 4 referring to the Pool Fund, paragraph 5 referring
to departmental appointments, paragraph 6 referring to the "Merit Raise," paragraphs 7, 8, and 9
referring to illness, retirement, resignation, and death of clinicians and paragraph 10 referring
to interpretation and adjudication of the contract as follows.
3. Believing that the "Pool Fund" should be very clearly defined, the Committee offers the
following specifications:
(a) The Pool Fund is to be derived solely from contributions from each Clinical Department
of only ten per cent (10%) of its gross earnings exclusively from private practice and laboratory
services.
(b) Contributions are to be made each month to the Pool Fund which will be held by the Bursar
of the University of Virginia for appropriate distribution at or near the end of each fiscal year.
(c) The sole control of the Pool Fund shall rest in the hands of the Clinical Staff and
the Dean of the School of Medicine. The Clinical Staff shall be represented by a committee of
the Chairmen of all Clinical Departments and the Chairman of the Clinical Staff Standing Committee
for Remuneration and Contracts. The Bursar, as custodian of the Pool Fund, shall
recommend disbursements from the Fund which must be first approved by the Dean and the Committee
of the Chairmen designated in 3(c) above.
(d) Disbursements from the Pool Fund are to be made by the Bursar to the proper Clinical
Departments and, in turn, the Clinical Departments will, through the Bursar, distribute the money
to the accounts of the individuals.
(e) The Pool Fund cannot be used for Hospital, Medical School or University purposes. It is
to be used only for redistribution to Clinical Departments and as further specified in paragraph 4.
(f) The Clinical Departments are to use the Pool Fund first for assuring TIAA contributions of
its practicing clinicians and the Dean of the School of Medicine, and second, for assuring, as
far as possible, the attainment of their allowed income ceilings by practicing clinicians.
(g) If the Pool Fund should exceed its needs it shall be returned on a pro rata basis to
those Clinical Departments whose contributions exceeded their receipts from the Pool Fund. Once
returned to Clinical Departments it will be used as specified in paragraph 4.
4. Any money remaining in a Clinical Department account after its contribution to the Pool
Fund, paying its general expenses, paying TIAA contributions for its members and paying its
members their collections up to allowed income ceiling shall be distributed as follows one-third
to its Reserve Fund, one-third to the Research and Development Fund, and one-third to the
Pool Fund. Provided the Pool Fund does not need it the money will be divided equally between the
Departmental Reserve Fund and the Research and Development Fund, up to its proportionate share
in a Research and Development Fund which may accumulate annually a sum of $25,000. If deficits
occur, it is understood that the Pool Fund Committee must provide for them.
5. A Departmental Chairman wishing to fill a temporarily vacated position or to establish
a new position shall, as in the past, get the approval of the Dean and necessary money will
income from the Pool Fund.
6. The so-called $750 00 "Merit Raise" shall be, as in the past, a matter for the decision
of the Departmental Chairman and the Dean and will automatically become a general departmental
expense as specified in paragraph 4.
7. Prolonged illness of a clinician with consequent cessation of his earnings may be,
at the discretion of the Department Chairman and the Dean, compensated for as a general departmental
expense up to 100% of the clinician's ceiling for the first six months and thereafter the Departmental
Chairman and the Dean are to make some suitable arrangement.
8. Clinicians who have retired from Departmental Chairmanships because of age (65) or other
reasons, but remain as members of Clinical Departments until age 70 shall receive their earnings
up to their allowed ceilings, less the usual deductions (Pool Fund, 10%, Departmental Expenses,
25%, Withholding Tax). Retired Chairmen who do not reach their allowed earned income ceiling
must have the Dean's permission to have their income supplemented by their Department.
9. The estate of a clinician who dies while still a member of a Department shall retain
indefinitely his rights to his earnings up to the time of his death. As a courtesy, however,
money collected on his accounts shall be paid monthly to his heir or heirs without deductions for
either the Pool Fund or Departmental expenses. Resigned or retiring clinicians likewise shall
retain indefinitely their rights in their earnings up to the time of separation from the Department
Each year, money collected on his accounts up to his allowed annual ceiling, shall be paid to him
monthly after deducting ten per cent (10%) for the Pool Fund and twenty per cent (20%) for Departmental
expenses.
10. Any question as to the interpretation of the provisions of this contract which shall arise
during the time it is in force shall be adjudicated by the Clinical Staff Standing Committee for
Remuneration and Contracts and the Dean of the School of Medicine.
11. A clinician who because of resignation wishes to surrender his TIAA-CREF contract
shall procure from the Bursar of the University or the TIAA, whichever is empowered to make the
payment, a refund of all money deposited by the clinician, by his Department and by the Pool
Fund, plus accured interest, and on the same basis, a refund of all sums deposited by the University
provided he has completed three years of service on the faculty.
| Board of Visitors minutes June 4, 1965 | |