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.
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