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Ohio bonds

Ohio — IBEW Local No. 8 Fringe Benefits Bond

Prepare the IBEW Local 8 employer fringe request with the Ohio agreement and reporting instructions, keeping the requested bond dates distinct. Purchase Now begins the application.

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

What this bond does

The required instrument defines the employer contributions secured. The period on a fund remittance report does not by itself define the bond term.

Who needs it
The employing business responsible for contributions in the actual Local 8 demand.
Who it protects
Use the complete required funds or trustees. Employer fringe security is not employee insurance, and the title alone does not add direct wages.

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 reporting cycle separate from bond duration

Bring the agreement and contribution reporting references with the demand's required effective dates. A reporting cycle does not establish a matching bond duration or automatic continuation.

Employer remittances and reports remain separate from arranging the security. A construction project's payment bond also does not automatically meet the union fringe undertaking.

Sources

Have these ready

  1. Legal employer and Local 8 agreement.
  2. Current fringe demand and required form.
  3. Contribution account, reporting cycle and relevant records.
  4. Full beneficiaries, requested sum and bond effective period.
  5. Post-issuance execution and fund delivery directions.

Questions about this bond

Does the remittance report period set the bond term?

Use the actual required effective period and instrument. A fund reporting cycle alone does not establish duration or continuation.

Are direct wages included automatically?

Check the required form for an additional wage undertaking. Fringe Benefits alone does not establish it.

Is this ERISA fidelity protection?

Protection against dishonest handling of plan assets concerns a different risk from employer fund contributions. The request does not establish fidelity compliance.

Where do I start online?

Purchase Now opens Propeller in a new tab. Enter the employer and complete Local 8 request. Check any issued bond and arrange required execution and submission. Recipient acceptance follows separately from applying.

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