What is SASMI?
Welcome!
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 more than 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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What Are My SASMI Benefits?
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 can help you if you are involuntarily out of work or working fewer hours than needed to maintain your coverage.
The Travel Benefit can pay you up to $1,800 if you need to travel for work because you are unemployed or threatened with unemployment in your home local union’s jurisdiction.
SASMI’s Welfare Benefit can help you keep your valuable health insurance when you’re not working enough hours to maintain your coverage.
If you die while an active member, SASMI’s Death Benefit provides a benefit to your family.
If you’re unable to work during your pregnancy or if you’re on maternity leave, you may be eligible for the Maternity Benefit.
SASMI may provide a special Benevolent Relief 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.
If you leave the industry, eligible members who have an account balance (based on contributions through 2009) may be entitled to a lump-sum Severance Benefit.
Visit the SASMI member portal to view your records!
Log in to the member portal to see your benefit amount, view your account status and update your personal information.
Eligibility for SASMI
If you’re an active member, you may be eligible for a benefit from SASMI 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 be eligible for a benefit from SASMI.
For eligibility details, please refer to the Summary Plan Description or watch this quick video.
Contact SASMI
To find out which SASMI group you are in:
- Refer to our list, updated annually
- Contact your Local Union, or
- Log into the member portal and review your eligibility and activity.