What if I Leave the Industry?

What if I Leave the Industry?

Severance Benefit

The severance benefit “accrual” ceased effective December 31, 2009. However, members who had a severance benefit before December 31, 2009 may still be entitled to a benefit when they leave the sheet metal industry.

A severance benefit may be paid to your designated beneficiary in the event of your death. If you have not designated a beneficiary, payment will be made to your surviving family members in the following order: spouse, children, parents, siblings.