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New York bonds

New York — INTERNATIONAL BROTHERHOOD OF ELECTRICAL WORKERS, LOCAL #41 Fringe Benefits Bond

Prepare the IBEW Local 41 employer fringe request with the New York agreement and current fund instructions. Use Purchase Now to begin the application.

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

What this bond does

The required Local 41 instrument specifies the employer fringe contributions secured. The title does not establish an additional direct wage promise.

Who needs it
The employing electrical business asked to furnish the contribution-security undertaking.
Who it protects
Use the complete required fund or trustee beneficiaries. Local 41 identifies the union context, not every legal recipient or employee insurance benefit.

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 the complete fund request with the local reference

Bring the employer agreement and contribution reporting instructions. A local number or general union directory entry does not establish which funds and remittances the required instrument includes.

The employer's fringe payments are separate from plan-asset fidelity protection against dishonest handling of assets. Project construction payment security and employee insurance also require separate consideration rather than automatic substitution.

Sources

Have these ready

  1. Employer legal identity and Local 41 agreement.
  2. Current fringe-security demand and required form.
  3. Employer contribution account and reporting references.
  4. Full legal recipients, requested sum and dates.
  5. Any required execution and delivery after issuance.

Questions about this bond

Does the local name identify all required funds?

Use the actual demand and complete legal beneficiary schedule. A union reference alone does not list every secured contribution.

Are direct wages included in the fringe offering?

Check the instrument for any additional wage undertaking. Fringe Benefits alone does not establish payroll inclusion.

Does a fund fidelity bond satisfy this request?

Compare the specific obligation. Fidelity protection for dishonest handling of plan assets differs from employer contribution security.

Where do I begin?

Purchase Now takes you to Propeller in a new tab. Provide the employer and full fund request details. Review any issued bond and arrange required execution and submission. Applying is not fund acceptance.

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