New York — Joint Industry Board Of The Electrical Industry Payroll Deductions Bond
Have a Joint Industry Board payroll-deduction security request? Bring the employer's actual deduction/remittance demand and New York agreement to Purchase Now.
Continue to our secure checkout partner, Propeller (opens in a new tab).
- Recorded state
- New York
- Bond type
- Wage, Welfare & Union Benefits Bond
- Category
- Employment, wages & benefits
What this bond does
The required instrument identifies payroll-deduction remittances secured. The title does not establish all gross wages, employer-paid fringe contributions or tax withholding as included.
- Who needs it
- The employer responsible for the actual required deduction remittances, not a payroll processor presumed to be the principal from its service role.
- Who it protects
- Retain full required Board/fund or other legal payee entries. This is not employee insurance or automatic construction payment security.
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
- Joint Industry Board of the Electrical Industry: employers (opens in a new tab)Checked October 23, 2026
- Texas Department of Insurance: general surety roles and project purposes (opens in a new tab)Checked October 23, 2026
Have these ready
- Legal employer and actual applicable JIB agreement/instructions.
- Complete payroll-deduction security demand and required deduction schedule.
- Actual employer payroll/deduction/remittance reporting references.
- Full legal recipients, instrument, requested sum and security dates.
- Signing and recipient submission instructions for the issued bond.
Questions about this bond
Does Payroll Deductions include all wages, contributions and taxes?
That broad scope is not established. Use the actual required deduction schedule and instrument rather than the whole payroll by default.
Do I buy the bond through the JIB contribution portal?
The public JIB portal is for contribution submission. Purchase Now here opens the existing provider application for the actual security demand.
Does the deduction request establish ERISA fidelity compliance?
Protecting plan assets against dishonest handling is a separate purpose. The payroll-deduction title does not establish that fidelity compliance.
How do I start with my actual deduction schedule?
Purchase Now opens Propeller in a new tab. Provide the complete employer payroll-deduction demand, check the issued form and complete required execution and delivery. Applying or remitting contributions does not establish bond acceptance.