What is SASMI?
Welcome to SASMI! SASMI stands for Stabilization Agreement of the Sheet Metal Industry and is commonly used to refer to the National Stabilization Agreement of the Sheet Metal Industry Trust Fund. The trust fund was originally designed to assist sheet metal workers during periods of unemployment or underemployment — and that’s still the case — but over the years, it has expanded to include even more benefits for members.
SASMI was established almost 50 years ago and has always been funded through employer contributions. SASMI is a single trust with two separate plans (one for active members and one for retirees).
SASMI. It’s here for you now, and there for you later.
SASMI By the Numbers
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SASMI Benefits Overview
Life can change quickly. No one knows that better than SASMI, and it’s why we offer a variety of benefits, available to support you in times of financial need due to things beyond your control.
Benefits for Active Members
The supplemental unemployment benefit and underemployment benefit help you if you are involuntarily out of work or working fewer hours.
Reimbursement for travel expenses incurred because you need to take a job in another town in order to work.
Through its premium reimbursement benefit, SASMI can help you keep your valuable health insurance for yourself and your family if your hours are reduced.
SASMI provides benefits to your family if you die while an active member.
SASMI provides benefits to members who are unable to work because of pregnancy or maternity leave. Read more.
SASMI provides a special benefit during times of natural disaster or pandemic to assist affected members.
Benefits for Retired Members
Eligible retired members who have an account balance at the time of retirement will have a Health Care Reimbursement Account (HCRA). You can use funds from your HCRA to pay for eligible out-of-pocket medical expenses during your retirement.
Upon permanent separation, eligible members who have an account balance (based on contributions through 2009) may be entitled to a lump-sum payment.
Visit the SASMI member portal to view your records!
Watch a video on how to access your SASMI records on the portal. Once you register, you can update your personal information, view your benefit amount and view your account status.
You initially become eligible to participate in SASMI Active Benefits once you complete one of the following:
- 1,200 hours within 12 consecutive months; or
- 2,000 hours within 24 consecutive months; or
- 2,800 hours within any period of time prior to a loss of eligibility
If you lose eligibility, you’ll need to meet these initial eligibility requirements again to participate in SASMI Active Benefits.
For eligibility details, please refer to the Summary Plan Description or watch this quick video.
Find out more by contacting the Fund Office.
SASMI Trust Fund
3180 Fairview Park Drive,
Falls Church, VA 22042
8:00 a.m. to 5:00 p.m. Eastern