Vertellus Specialties (Indianapolis) Workers Eligible for Trade Adjustment Assistance

INDIANAPOLIS (October 18, 2016) – The U.S. Department of Labor (DOL) recently certified that workers who have been or may become totally or partially separated from Vertellus Specialties, Indianapolis, are eligible to receive services under the federal Trade Adjustment Assistance (TAA) program. The federal ruling applies to workers employed at Vertellus Specialties between September 19, 2015 and October 11, 2018.

The TAA program is made available to workers who are displaced due to foreign imports or shifts in production out of the country. It provides benefits to help unemployed workers prepare for and obtain suitable employment. In addition, weekly trade re-adjustment allowances may be payable to eligible workers following the exhaustion of unemployment insurance benefits. Workers may also be eligible for a variety of reemployment services, job search and relocation allowances, health insurance premium assistance through the Health Coverage Tax Credit (HCTC), and training. Workers age 50 or older may be eligible for Reemployment Trade Adjustment Assistance (RTAA), a wage subsidy of 50 percent of the difference between their new salary and old salary, up to $10,000.

Vertellus Specialties employees are encouraged to contact their local WorkOne Career Center to get connected with reemployment services available through TAA. Additionally, they can take advantage of WorkOne services that are available to all Hoosier jobseekers, including skills assessments, training programs, résumé and interview preparation, job matching, and much more. A listing of the nearly 90 WorkOne Career Centers located in communities throughout Indiana is available at WorkOneWorks.com.