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Illinois bonds

Illinois — IBEW Local No. 134 Employer's Fringe Benefits (1 To 5 Employees) Bond

Preparing the Local 134 employer fringe request labeled 1 to 5 Employees? Keep that count range with the Illinois agreement when starting Purchase Now.

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

What this bond does

The required form identifies employer benefit remittances secured. The recorded 1-to-5 band is an employee qualifier, not a bond sum, duration or number of policies.

Who needs it
The employer whose actual Local 134 security request matches this count-qualified fringe offering.
Who it protects
Use the complete required fund or trustee entries. The range does not establish which workers count, and Employer's Fringe Benefits does not automatically add direct wages or employee insurance.

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.

Confirm what the actual request counts as an employee

Bring the count basis required by the Local 134 instrument with the employer agreement and contribution report. The listing does not define full-time equivalents, part-time treatment, owner/temporary-worker treatment or the date on which the count is taken.

Do not assume zero employees fit the range or that the same request applies above five. Use the actual eligibility and security demand rather than importing count rules from another bond or a different Local 134 wage offering.

Sources

Have these ready

  1. Legal employer and applicable Local 134 agreement.
  2. Complete fringe request retaining 1 to 5 Employees.
  3. Employee-count basis/date and contribution reporting actually required.
  4. Full legal funds, instrument, requested sum and effective dates.
  5. Issued-document signing and fund delivery instructions.

Questions about this bond

Does the range mean full-time equivalents?

No counting method is supplied. Use the actual instrument and request for worker categories and the relevant count date.

Does it include zero employees or more than five?

That eligibility is not established by the recorded 1-to-5 band. Match the actual request before treating this offering as appropriate.

Is this the same as ERISA fidelity or project payment security?

Plan-asset dishonesty protection and construction-project payments are different obligations from employer fringe remittances. Neither automatically meets this count-qualified demand.

How do I begin with the range intact?

Purchase Now opens Propeller in a new tab. Supply the employer's full Local 134 fringe request and actual count basis. Check the issued form and complete required execution and submission. Applying does not establish eligibility or fund acceptance.

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