University of Virginia Library

CLINICAL SALARY PLAN FOR SCHOOL OF MEDICINE

The President presented a revised plan for the remuneration of the clinical staff in the
School of Medicine. The plan, which consisted of an amendment to the present plan, was summarized
by the Dean of the School of Medicine in his letter to the President of 4 June 1959 and by the
Comptroller in his letter to the President of 11 June 1959

The proposed amendment consisted briefly of the following (1) no change would be made in
the present salaries and limits on earnings with the exception of instructors, (2) the University
would continue its five per cent contribution of the base salary to TIAA, (3) the individual
doctor would continue to contribute to TIAA five per cent of his salary and earnings, up to a
maximum of five per cent of $12,500, (4) an increase in the contribution of the clinical department
would be made so that this amount combined with the University's contribution would equal
20 per cent of the doctor's salary up to a maximum salary of $12,500, (5) the present plan for
distributing surplus would remain the same except that the chairmen of major clinical departments
would be allowed to participate in surplus distribution, as well as other members of the faculty,
(6) since instructors are not eligible for TIAA, these faculty members would receive during the
coming year an increase in income of $1,500 instead of the usual increase of $750, and (7) the
plan would become effective as of 1 July 1958

The following resolution was adopted by the Board

RESOLVED by the Board of Visitors of The Rector and Visitors of the University of Virginia
that the amendments to the current salary plan of the clinical staff of the School of Medicine
as summarized by the President and as outlined in detail in letters to the President from the
Dean of the School of Medicine dated 4 June 1959 and from the Comptroller of the University
dated 11 June 1959 be and they are hereby approved