Please be advised that the External Affairs Committee will meet on Wednesday, Sept. 14 at 1:30 p.m. in the 14th Floor Conference Room at the ASRS Phoenix office, 3300 N. Central Ave. This meeting was re-scheduled from Friday, Sept. 9, which was cancelled. See the Board & Committee Meetings page for the agenda and a listing of upcoming meetings.
Broadspire Services Inc., a leading third-party administrator, will replace Sedgwick as administrtor of the ASRS Long Term Disability Program effective September 1.
The change should have no major impact for the more than 4,000 members currently on the ASRS LTD plan. A letter from Broadspire is being mailed to all current members receiving Long Term Dsiability benefits.
LTD members may contact Sedgwick with questions about their coverage through Aug. 31. All contact from Sept. 1 forward should be directed to Broadspire.
New contribution rates for members and employers are set to take effect with July payrolls.
The total contribution rate for the defined benefit plan, health insurance supplement and long term disability plan will be 11.48 percent for both employer and employee, up just slightly from the rate of 11.47 percent for last fiscal year, which ended June 30.
The new rate will be in effect through June 30, 2017. See Contribution Rates for more information.
