IAC workers in Greencastle eligible for Trade Adjustment benefits

International Automotive Components (IAC) in Greencastle became eligible on Dec. 17, 2020, to apply for benefits and services through the Trade Adjustment Assistance (TAA) program.

TAA is administered by the U.S. Department of Labor through the Indiana Department of Workforce Development (DWD). TAA assists workers who have lost their jobs due to foreign trade, and anyone affected can seek help at their local WorkOne center. IAC, a manufacturer of automotive parts, laid off 159 workers between Oct. 27, 2019, and Dec. 17, 2022.

Any worker laid off between those dates may be eligible to apply for TAA benefits. TAA services and benefits include:

Training — Pays 100 percent of all required training costs.

Income support — Up to 130 weeks of income-support payments.

Job search and relocation allowances — Reimbursement of 90 percent of allowable costs to travel to a job-search activity or relocation for new employment.

Wage subsidy — For workers age 50 and older up to $10,000.

Health care tax credit — IRS tax credit of 72.5 percent of qualifying monthly health care premiums.

Many benefits are time sensitive. Workers have up to 26 weeks from their certification date, or 26 weeks from their separation date (whichever is later) to enroll in training to receive income support benefits.

For more information about the TAA program, visit: https://www.in.gov/dwd/taa/ or call 317-914-7323 or email TradeActPetitions@dwd.IN.gov.

DWD serves the worker and the employer to ensure workplace success. DWD is committed to innovating and invigorating Indiana’s economic future by providing WorkOne Career Centers, Unemployment Insurance, Labor Market Information, Regional Workforce Strategies and Professional Training.