Severance Benefit
The SASMI severance benefit — a benefit amount based on your past and future service credit — payable to you following 12 months of separation from the Sheet Metal Industry. This benefit was modified in 2009, but if you “accrued” a SASMI severance benefit before December 31, 2009, you may still be eligible to receive a benefit when you permanently separate from the industry. To find out if you’re eligible and to see how this benefit is calculated, refer to your Summary Plan Description.
Applying for a Severance Benefit
If you meet the eligibility and service requirements, you may apply for a severance benefit.
- You must apply for this benefit within 23 months of leaving employment in the sheet metal trades.
- Complete this form and submit it to the SASMI Trust Fund.