Illinois — IBEW Local No. 601 Wage And Welfare Bond
Bring the Local 601 employer wage-and-welfare demand with the Illinois agreement to Purchase Now. Keep wage payments and actual fund remittances identifiable in the request.
Continue to our secure checkout partner, Propeller (opens in a new tab).
- Recorded state
- Illinois
- Bond type
- Wage & Fringe Benefits Bond
- Category
- Employment, wages & benefits
What this bond does
The required undertaking identifies employer wages and welfare contributions secured. A shared agreement does not necessarily make the employee wage payee and welfare recipient the same legal party.
- Who needs it
- The business responsible for labor payments under its actual IBEW Local 601 agreement.
- Who it protects
- Use the full required wage, union, fund or trustee entries. The security does not purchase employee insurance or decide welfare benefit eligibility.
Your bond option
This is the option on record for this bond.
- Bond optionPurchase Now (opens in a new tab)Continue to our secure checkout partner, Propeller (opens in a new tab).
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.
Sources
- Texas Department of Insurance: general surety and project obligations (opens in a new tab)Checked October 23, 2026
Have these ready
- Legal employer and applicable Local 601 agreement.
- Complete wage/welfare demand identifying required payment entries.
- Payroll and actual employer welfare-reporting references.
- Full legal recipients, instrument, requested sum and period.
- Instructions for signing and submitting the issued bond.
Questions about this bond
Are employee wages and welfare contributions paid to the same party?
Use the actual complete request. The shared agreement and title do not identify one legal recipient for every payment.
Does Welfare automatically include pension contributions?
The required wording must establish the payment list. Do not add plans solely because they appear in a general member benefits summary.
Does the employer request establish ERISA fidelity protection?
Employer wages and fund remittances differ from protecting plan assets against dishonest handling. That separate protection is not established here.
How can I apply with the full payment request?
Purchase Now takes you to Propeller in a new tab. Provide the employer's complete Local 601 demand, check the issued form and complete required execution and submission. Applying does not establish recipient acceptance.