The SMART Transportation Division Discipline Income Protection Program (DIPP) is decreasing its monthly assessments from 96 cents to 81 cents per $1 of daily benefits, effective January 1, 2021.
Participants in the Plan may elect to increase their benefit level or modify their coverage at any time by submitting the appropriate form to the Transportation Division office. Next month, SMART-TD will be communicating these reduced assessments to Local Treasurers so that the necessary changes are made to payroll deductions.
This announcement is informational and no action is required on the part of plan participants at this time.
DIPP trustees are SMART General President Joseph Sellers Jr., SMART General Secretary-Treasurer Joseph Powell and SMART-TD President Jeremy R. Ferguson.
Related News
- Illinois State Legislative Director helps announce major rail project
- ‘Best practices’ to be discussed at officers’ TD coalition meeting in May
- From the Ballast: ‘Getting railroaded’
- Union Pacific reaches labor agreement with largest union
- TCU & Shop-Craft Coalition reaches tentative agreement with Amtrak
- Norfolk Southern and SMART-TD statement on conductor redeployment bargaining
- Ohio SLD Whitaker, senators state case for Railway Safety Act before commerce committee
- To better serve you, we have to know where you are!
- UPDATED: President Ferguson appears with U.S. Sen. Brown to discuss Railway Safety Act
- Analysis: Lawsuit means shareholders might not be OK after East Palestine