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
- New Social Security Fairness Act benefits retired railroad workers
- Brother Charles “Chuck” Cheek Passes Away After Battling Stage 4 Cancer
- With a unanimous vote, Wilmington Terminal Railroad joins SMART-TD
- Longtime ally of union workers elected minority leader of Railroads, Pipelines, and Hazardous Material Subcommittee
- UPDATE: New Information Available on California Wildfire Relief For Members
- FRA Administrator Amit Bose Honored as He Steps Down
- PRESS RELEASE: SMART-TD Helps Secure Crucial Win For Worker Safety
- Former Arizona SLD Scott Olson Passes Away
- Union support available for California wildfire victims
- CALL TO ACTION: Striking Chicago-Area IUOE Local 150 Members Need Our Help