Salary
Postdoctoral Fellows are supported either by grants and contracts, training grants, departmental funds, external Fellowships, or by a combination of these sources.
Minimum salary or stipend levels for Postdoctoral Fellows are set by Research Administration in consultation with Human Resources, NIH salary scale for Kirschstein-NRSA institutional training grant and individual fellowship awards, and comparable salary at other academic institutions; and may be modified from time-to-time. The FY2021 minimum new postdoctoral hire salary is $53,760.
- Housing Assistance- To assist with housing costs, Research Administration provides a subsidy of up to $500/month for up to four years based on eligibility criteria.
- Relocation costs may be reimbursed depending on distance up to a maximum of $2,000.
- Travel expenses up to $2,000 per year are provided to participate in a scientific conference where the Fellow is presenting a poster and/or talk.
Benefits
The Human Resources professional will review medical and dental benefits, and leave policy with Postdoctoral Fellows. Further information is available on the HSS intranet site.
Medical and Dental Insurance
Coverage options include both Single and Family Coverage.
Retirement Savings Plan / Voluntary 403(b)
The Retirement Savings Plan/403(b) is a defined contribution (DC) retirement plan. In a DC plan, there is an individual account to which contributions are made. The Postdoctoral Fellow decides how those contributions are invested by choosing among the fund options available under the plan.
The 403(b) Plan allows a Fellow to contribute to retirement savings through pre-tax payroll deductions which is $19,500 in 2020 and 2021. Employees who are age 50 or over at the end of the calendar year can also make catch-up contributions of $6,500 in 2020 and 2021 beyond the basic limit on elective deferrals. HSS will make a contribution equal to 4% of eligible compensation to the Fellow’s retirement under The Retirement Savings Plan.
Transit Benefit
Eligible employees can pay for part or all of their commute (MetroCard and TransitCheck) and parking costs with pre-tax contributions through TransitCenter.