New York UA Local 22 benefit funds bonds.
From $100.
An employer who signs a collective bargaining agreement with UA Plumbers & Steamfitters Local No. 22 agrees to post a bond backing its monthly health, pension, and annuity contributions to the Local 22 Employee Benefit Funds. The benefit funds office sets the amount. Premiums cost 2.5% of the bond amount, $100 minimum.
Trusted by industry leaders
How much does a New York UA Local 22 benefit funds bond cost?
2.5% of the bond amount, from $100. Enter your amount in the calculator for the exact price.
Three steps. One sitting.
No long underwriting queue for the standard benefit-funds bond — enter your amount, pay, and file with the funds office. Here is the whole thing:
Apply online
Your business details, the bond amount the benefit funds office set, and the effective date — plus a one-time consent to a soft credit pull.
Approved
Most benefit-funds bonds clear quickly; the soft pull informs approval and never affects your score. Larger amounts may get a brief review.
File with the funds office
Your executed bond and power of attorney arrive by email, ready to submit to the Local 22 Employee Benefit Funds office alongside your signatory paperwork.
What it is and who needs it.
What the benefit funds bond actually guarantees
This bond is a contractual guarantee, not a licensing bond. When an employer signs a collective bargaining agreement with UA Plumbers & Steamfitters Local No. 22, the local’s Employee Benefit Funds — the jointly trusteed health, pension, and annuity trusts that serve its plumbing, pipefitting, and HVAC service members — can condition employing covered workers on the employer posting a bond that stands behind the monthly contributions the agreement requires.
It is a three-party arrangement: you (the principal), the surety carrier, and the UA Local 22 Employee Benefit Funds (the obligee), with the local’s members and retirees as the protected interest. If a signatory employer falls behind on required health, pension, or annuity contributions, the funds office can claim against the bond up to its face amount to recover what is owed.
It is not insurance for you — if the surety pays a claim, you repay the surety. There is no single fixed amount; the benefit funds office sets the figure based on your payroll and contribution schedule under your CBA. Keep the bond current for as long as you employ Local 22 members, and we send renewal notices ahead of expiration.
You need this bond if you are
Claims, renewal, filing, and what sets the price.
If a claim is made
A claim comes from the party the bond protects, the obligee named on the form, when the duty the bond guarantees is not met.
The surety investigates and pays a valid claim, up to the bond amount. You then repay the surety: a surety bond is a guarantee of your performance, not insurance for you.
Renewal and term
The premium covers a one-year term from the effective date you choose.
Renew before the expiry date to keep the bond in force: the license, permit or contract it backs expects continuous coverage.
How to file it
File with the funds office. Your executed bond and power of attorney arrive by email, ready to submit to the Local 22 Employee Benefit Funds office alongside your signatory paperwork.
What sets the price
The premium is 2.5% of the bond amount, $100 minimum: the amount the obligee sets moves the price, not your business profile.
One soft credit pull, never a hard inquiry, and it never affects your score.
Where a check runs, it decides approval; the rate is the same for everyone approved.
One application, issued fast.
These are the actual issuing fields, including your CBA date. The credit section authorizes a soft pull only.
Start the application →Common questions.
Other New York bonds.
Price and requirements checked on the carrier’s application, . Page updated .
Get your Local 22 filing bonded today.
From $100, soft pull only. Enter your required amount and file with the funds office the same day.