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Illinois bonds

Illinois — IBEW Local No. 196 Wage And Union Dues Bond

Prepare the IBEW Local 196 employer wage-and-dues request with the Illinois agreement and exact remittance instructions. Purchase Now opens the application.

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

What this bond does

The required form identifies employer wages and union-dues remittances secured. Union dues are not automatically the same payment as welfare or pension contributions.

Who needs it
The employer responsible for the actual Local 196 wage/dues demand, rather than an individual member arranging personal dues payment.
Who it protects
Use the complete required wage and union recipients. The title does not establish fringe-fund inclusion or provide 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.

Keep dues instructions distinct from benefit-fund schedules

Bring payroll and the actual union-dues remittance directions with the agreement. A welfare-fund account does not necessarily identify the dues recipient or the required wage undertaking.

Use the actual legal parties and payment categories without importing another local's rate or assuming the bond authorizes payroll withholding. A project's construction payment bond is not automatically this wage/dues instrument.

Sources

Have these ready

  1. Legal employer and Local 196 agreement.
  2. Current wage-and-union-dues security demand.
  3. Payroll and actual dues-remittance references.
  4. Complete recipients, required form, requested sum and dates.
  5. Post-issuance execution and recipient delivery instructions.

Questions about this bond

Does Union Dues include welfare and pension payments?

Check the required instrument for additional contribution undertakings. The dues label alone does not establish those fund payments.

Does the bond authorize payroll withholding?

No deduction authority is established here. Use the actual payroll/authorization requirements and union security request.

Is this ERISA fidelity protection?

Protection against dishonest handling of plan assets differs from employer wages and dues remittances. The request does not establish fidelity compliance.

How do I begin online?

Purchase Now opens Propeller in a new tab. Provide the employer and complete wage/dues demand. Review any issued bond and arrange required execution and submission. The application is separate from recipient acceptance.

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