Illinois — IBEW Local Union 538 Wage & Welfare Bond
Prepare the Local 538 employer wage/welfare request with the Illinois agreement and actual legal business name. Bring any trading-name references with the full demand to Purchase Now.
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 instrument identifies employer wages and welfare remittances secured. A project nickname, payroll header or trading name alone does not establish the responsible principal.
- Who needs it
- The business responsible for payments under its actual IBEW Local 538 employer agreement.
- Who it protects
- Keep the complete required wage, union, fund or trustee entries. Employer security does not buy employee insurance or determine plan-asset fidelity protection.
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 parties and project purposes (opens in a new tab)Checked October 23, 2026
Have these ready
- Legal employer and applicable Local 538 agreement.
- Complete wage/welfare request and any relevant trading-name references.
- Payroll and actual employer welfare-reporting records.
- Full legal beneficiaries, required form, requested sum and dates.
- Issued-instrument execution and recipient delivery directions.
Questions about this bond
Can a project nickname replace the legal employer?
Use the actual required principal entry. A project or payroll label alone does not establish the responsible business.
Does a changed name establish automatic continuation?
No continuation or replacement rule is verified here. Provide the actual business relationship and follow the required instrument and application instructions.
Does this establish ERISA fidelity compliance?
Employer wage/welfare payments differ from protecting plan assets against dishonest handling. The employer request does not establish the separate fidelity arrangement.
How do I start with the correct employer?
Select Purchase Now for Propeller's new-tab application with the full Local 538 demand and actual business details. Check the issued form and finish required signing and submission. Applying does not establish the recipients' acceptance.