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.
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.