Long-term disability open enrollment begins June 29

Published: June 29, 2015

Last updated on July 20th, 2015

disability-insurance_image

Updated: July 20, 2015

The open enrollment period for the Long Term Disability (VLTD) Plan has been extended an additional 30 days. Transportation Division members will now have until September 30, 2015 to open enroll in the plan. Further policy details are being finalized and will be posted once available. Additional questions should be directed to your regional field supervisor (contacts) or to the VLTD hotline at (866)-753-3632.

 

Beginning June 29, 2015 through August 31, 2015 an open enrollment period will be available for Transportation Division members to enroll in the new Voluntary Long-Term Disability (VLTD) Plan.

 

Members will have two options for enrollment into the VLTD plan. For Rail members, Part “A” allows the member to purchase coverage to protect their income should they become disabled after a 238 day elimination period with a monthly benefit of 50% of salary to a maximum benefit of $7,000. Part “B” contains the same 238 day elimination period, but offers a monthly benefit of 60% of salary up to a maximum benefit of $7,000. For Bus members, Part “A” allows the member to purchase coverage to protect their income should they become disabled after a 365 day elimination period with a monthly benefit of 50% of salary to a maximum benefit of $6,000. Part “B” contains the same 365 day elimination period, but offers a monthly benefit of 60% of salary up to a maximum benefit of $6,000.  Additionally, Rail or Bus members will have the option of combining one of the above options for the VLTD with the Short Term Disability (VSTD) plan or elect the VLTD plan on its own.

It is important to note that members who have previously opted out of the VSTD plan or you were previously denied coverage you are eligible to enroll with no pre-existing condition restrictions during this enrollment period.

For Members currently enrolled in the short-term disability plan (VSTD) and are not seeking coverage in the long-term disability plan (VLTD), no action is required at this time.

It is recommended that members review the detailed FAQs to gather more information on the plan offerings and eligibility requirements. Additional questions should be directed to your regional Field Supervisor (Contacts) or to the VLTD hotline at (866)-753-3632.

Rail VLTD FAQ

Rail VLTD Enrollment Form

Bus VLTD FAQ

Bus VLTD Enrollment Form