New Jersey — IBEW Local No. 102 Wage & Benefit Bond
Bring the Local 102 employer wage-and-benefit request with the New Jersey agreement to Purchase Now. Keep the actual benefit-payment schedule with the payroll information.
Continue to our secure checkout partner, Propeller (opens in a new tab).
- Recorded state
- New Jersey
- Bond type
- Wage, Welfare & Union Benefits Bond
- Category
- Employment, wages & benefits
What this bond does
The required instrument defines the employer's secured wage and benefit remittances. Benefit in the title is not a complete list of plans or a promise of employee eligibility.
- Who needs it
- The business responsible for the labor payments specified by its actual Local 102 demand.
- Who it protects
- Preserve all required wage, union, fund or trustee names. Security for employer payments does not provide employee insurance or guarantee an electrical installation.
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: surety roles and project purposes (opens in a new tab)Checked October 23, 2026
Have these ready
- Legal employer and applicable Local 102 agreement.
- Complete demand identifying the actual wage and benefit payments.
- Payroll and required employer benefit-reporting references.
- Full legal recipients, actual instrument, requested sum and period.
- Issued-document execution and the recipient's delivery instructions.
Questions about this bond
Does Benefit include every employee plan?
The required form determines the actual payment scope. The title alone does not provide an all-plan list or eligibility rule.
Can I add union dues or tax remittances from general guidance?
Use the actual demand and instrument. Those additional payment categories are not established by Wage & Benefit alone.
Is ERISA fidelity security equivalent?
Protecting plan assets against dishonest handling is distinct from the employer's wage and benefit remittances. Do not assume the two undertakings satisfy each other.
What is the application next step?
Choose Purchase Now for Propeller's new-tab application with the complete Local 102 employer request. Check any issued form and complete required signing and submission. The recipients' acceptance is not established by applying.