{"id":102,"date":"2012-07-03T04:28:48","date_gmt":"2012-07-03T04:28:48","guid":{"rendered":"http:\/\/suretyone.com\/blog\/?p=102"},"modified":"2017-01-03T16:20:48","modified_gmt":"2017-01-03T16:20:48","slug":"erisa-bond-multiemployer-plan","status":"publish","type":"post","link":"https:\/\/suretyone.com\/blog\/erisa-bond-multiemployer-plan\/","title":{"rendered":"ERISA Bond for multi-employer plans."},"content":{"rendered":"<p>ERISA Sections 3(37) and Sec. 4001(a)(3)), define a\u00a0multi-employer plan as a collectively bargained plan maintained by more than one employer, usually within the same or related industries, and a labor union. These plans are often referred to as &#8220;Taft-Hartley plans&#8221;. \u00a0There are approximately 1,500 active multiemployer defined benefit pension plans, covering about 10.1 million participants, most of which work in the building and construction industries. \u00a0Because of the complications inherent in managing this type of plan and the protocols for terminating one, very few carriers are willing to provide the mandatory fidelity bond coverage that these plans require. \u00a0<a title=\"Surety One\" href=\"https:\/\/suretyone.com\" target=\"_blank\">Surety One<\/a> does! \u00a0<a title=\"ERISA Bonds.com\" href=\"http:\/\/www.erisa-bonds.com\" target=\"_blank\">ERISA-Bonds.com<\/a> is &#8220;THE&#8221; source for ERISA coverage regardless of your defined benefit plan structure. \u00a0Visit our <a title=\"ERISA Bonds.com\" href=\"http:\/\/www.ERISA-bonds.com\" target=\"_blank\">ERISA bond portal<\/a>,\u00a0contact us at <span style=\"color: #ff0000;\">(787) 333-0222<\/span> or email <span style=\"color: #ff0000;\">Underwriting@SuretyOne.com<\/span> for assistance with your multiemployer ERISA bonding need.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ERISA Sections 3(37) and Sec. 4001(a)(3)), define a\u00a0multi-employer plan as a collectively bargained plan maintained by more than one employer, usually within the same or related industries, and a labor union. These plans are often referred to as &#8220;Taft-Hartley plans&#8221;&#8230;. <a class=\"more-link\" href=\"https:\/\/suretyone.com\/blog\/erisa-bond-multiemployer-plan\/\">Continue Reading &rarr;<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[5,7,53,54,68],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v17.7.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>ERISA Bond for multi-employer plans. &bull; Surety One, Inc.<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/suretyone.com\/blog\/erisa-bond-multiemployer-plan\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ERISA Bond for multi-employer plans. &bull; Surety One, Inc.\" \/>\n<meta property=\"og:description\" content=\"ERISA Sections 3(37) and Sec. 4001(a)(3)), define a\u00a0multi-employer plan as a collectively bargained plan maintained by more than one employer, usually within the same or related industries, and a labor union. 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