Government Contract | Arizona
ASRS Long Term Disability Program Administration

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Bid Information

Bid Alert No: 00000467077

Bid Title: ASRS Long Term Disability Program Administration

Agency Bid No. Title: ASRS16-00005933

Received Date: 01/26/2016

Close Date: 02/29/2016

Purchase Type: Term:

Delivery Point: Arizona

Delivery Date: Not Stated

Special Notices: Questions Due By Optional 02/23/2016, Pre-Bid Conference Optional 02/01/2016 10:00 AM


Specifications include, but are not limited to: The Arizona State Retirement System (ASRS) is primarily a defined benefit pension plan for employees of the state,counties, municipalities, universities, community colleges, school districts, and other political entities. In addition toproviding pension benefits, the ASRS also provides medical, dental, prescription drug, and long term disability benefits. Itis expected that the benefits provided through the ASRS will attract and promote the retention of employees toparticipating employers. Therefore, superior quality and responsiveness to participants needs are essential.The ASRS is governed by a nine-member Board of Trustees. The ASRS staff provide administrative support to the Boardto carry out statutory mandates. The Board may enter into a contract with another entity to administer all or part of aprogram. The ASRS may enter into a contract(s) for a period of time up to five years.Long Term Disability ProgramArizona Revised Statute Title 38, Chapter 5, Article 2.1 Long-Term Disability Program establishes the program andgoverns the plan design.The ASRS Long Term Disability Program (LTD) is a mandatory, contributory plan, with benefits designed to be a sourceof income during periods of disability, as defined by statute. Benefits are provided after a six-month qualifying period ofdisability. LTD coverage is provided to all active members of the ASRS, but is not provided to retirees or dependents.The ASRS collects required contributions from employers and active members each pay period and holds suchcontributions in a trust fund, which is designated solely for the purpose of paying benefits and costs of administering theLTD program.

Product Codes: 95337, 95327

Agency Information

Issuing Agency: State of Arizona - Retirement System

State: Arizona

Agency Type: State and Local

Contact: 3300 N. Central Avenue, 14th Floor, Procurement Office, Phoenix, Arizona, 85012




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