Several changes regarding the SMART Voluntary Short-Term Disability (VSTD) Plan for bus and rail members will take effect Jan. 1, 2023.
The temporary reduction of premiums for Plan participants announced Oct. 21, 2020, will expire Dec. 31, 2022. VSTD premiums will be reset to the standard rates of bus members paying $26.00 and rail members paying $34.50.
The maximum weekly benefit available to bus members participating in the plan will be reduced from $240 to $210. For rail members, the maximum weekly benefit will be reduced from $450 to $402.
Additional details, including notifications from the VSTD Board of Trustees and the full Summary of Material Modifications (SMM), are available in the respective pages in the SMART Member Portal:
Plan participants with questions or who need more information should contact VSTD plan administrator Southern Benefit Administrators directly at (844) 880-1071.
Related News
- Overflow room block obtained for SMART-TD NTS attendees
- Ukrainian rail workers need our assistance
- Union Pacific corrupts FRA safety survey, involved members should call UP ethics hotline
- DIPP assessments drop to 32 cents per dollar of daily benefit coverage
- Colorado SLD: Ulterior motives fueled editorial regarding rail safety bill
- BLET buys into Ancora’s promises
- SMART GC Ellis issues statement on LACMTA’s emergency procurement declaration to acquire barriers
- SMART-TD maintains support of current NS leadership
- Online fundraiser established for Local 821 officer’s family
- Ground broken on Brightline West — new rail jobs incoming!