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California bonds

California — Transport Workers Union Local 874 Wage Welfare Bond

If your employer has a Transport Workers Union Local 874 wage/welfare demand, bring the California agreement and fund instructions to Purchase Now.

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Recorded state
California
Bond type
Wage & Fringe Benefits Bond
Category
Employment, wages & benefits

What this bond does

The required instrument identifies the employer wages and welfare remittances secured. It is not cargo, vehicle or customer delivery protection.

Who needs it
The employing business responsible for the payments named in the actual Local 874 request, without an employment-classification decision from this page.
Who it protects
Use the complete required wage, union, fund or trustee recipients. Transport Workers Union is the recorded union reference, not a complete beneficiary schedule or employee insurance policy.

Your bond option

This is the option on record for this bond.

The bond amount describes the limit of the bond obligation, not the price. A listed amount does not establish what the requesting party requires. The premium is what you pay and must be confirmed for the actual option. An E&O limit, where listed, is separate errors and omissions insurance.

Keep the full Transport Workers Union reference

Bring the agreement and employer remittance records with the security demand. A similar transport-union title or matching local number does not establish the same legal parties and form.

Match the actual employer payment undertaking. Cargo documents, customer delivery terms and project construction payment security do not automatically supply the union instrument.

Sources

Have these ready

  1. Legal employer and applicable Local 874 agreement.
  2. Current Transport Workers Union wage/welfare demand.
  3. Payroll and employer fund reporting references.
  4. Full legal recipients, required form, requested sum and dates.
  5. Post-issuance execution and recipient submission directions.

Questions about this bond

Can I choose by the local number alone?

Match the full union reference, employer demand and required instrument. A number or transport-related label alone is not enough.

Does the bond cover goods or vehicle losses?

This offering concerns the requested employer wage/welfare undertaking, not cargo or vehicle insurance.

Does this satisfy plan-asset fidelity requirements?

Employer labor remittances differ from protection against dishonest handling of plan assets. The union request does not establish ERISA fidelity compliance.

How do I continue online?

Purchase Now opens Propeller in a new tab. Provide the employer and complete Local 874 request. Review any issued instrument and arrange required execution and delivery. Applying is not recipient acceptance.

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