Indiana Laborers Welfare, Pension, Training and ILDC Trust Funds Fringe Benefits Bond
Overview
Contractors working under agreements with Indiana laborers' union trust funds are required to post this bond before they can operate. It guarantees that fringe benefit contributions — covering welfare, pension, training, and ILDC obligations — will actually be paid into the designated trust funds on behalf of covered workers. If contributions go unpaid, the trust funds have a financial guarantee to pursue recovery. This is a statewide Indiana requirement tied directly to labor trust fund compliance.
Who Needs This Bond?
General contractors, subcontractors, and specialty trade employers who hire laborers covered by Indiana union trust fund agreements are the primary applicants. Any employer who is signatory to a collective bargaining agreement requiring contributions to the Indiana Laborers Welfare, Pension, Training, and ILDC Trust Funds will need this bond. It is not limited to large companies — small contractors with even a handful of covered workers are subject to the same bonding requirement.
What is this Bond For?
This bond protects the Indiana Laborers' trust funds — covering welfare, pension, training, and ILDC benefits — from losses caused by an employer's failure to submit required fringe benefit contributions. When a covered worker earns wages on a job, the employer owes corresponding contributions to multiple funds. If those payments are skipped or underpaid, the bond provides a financial remedy so the trust funds can recover what is owed. Workers' retirement security and health coverage depend on these contributions being made on time.
When is it Required?
Signing or renewing a collective bargaining agreement that requires contributions to the Indiana Laborers' trust funds is typically the moment this bond is demanded. The trust fund administrators or the union will request proof of this bond as a condition of allowing the employer to use covered labor. Do not wait until you are already on a jobsite — have the bond in hand before work under the agreement begins.
Where Does it Apply?
This bond applies statewide across Indiana wherever the employer performs work under agreements requiring contributions to the Indiana Laborers Welfare, Pension, Training, and ILDC Trust Funds. It is not limited to a single city or county — it follows the employer's covered work throughout the state. The obligee is the trust fund structure itself, not a state licensing agency.
How to Buy Online
Click 'Buy This Bond Online' to open the secure surety portal in a new tab, where you can complete your application and purchase this bond in one session. Once approved, your bond documentation is delivered digitally so you can provide proof to the trust fund administrators immediately. No phone calls, no waiting on an agent — the entire process is online.
Why Bond Titan?
Bond Titan is powered by The Southern Agency and gives you direct online access to a nationwide surety bond catalog without the wait of a traditional agency appointment. This Indiana Laborers fringe benefits bond is available for purchase right now — no callback required. Fast, paperless, and built for business owners who need to get bonded and get back to work.