New York Local No. 22 Employee Benefit Funds Bond
Overview
Securing work under a collective bargaining agreement with IATSE Local No. 22 in New York means meeting the fund's bonding requirement before contributions can be accepted on your behalf. This bond guarantees that the employer will make all required contributions to the Local No. 22 Employee Benefit Funds — covering health, pension, and related welfare obligations — in full and on time. When those contributions fall short, the bond provides the funds a financial remedy to recover what workers are owed. Bond Titan makes it fast and straightforward to get this bond so you can move forward without delay.
Who Needs This Bond?
If you are an employer who has signed or is about to sign a collective bargaining agreement that requires participation in the IATSE Local No. 22 Employee Benefit Funds, this bond is your obligation to meet. Theatrical, entertainment, or production companies operating in New York that engage Local No. 22 members are the typical principals on this bond. The requirement is not triggered by a state license — it comes directly from the fund's trust agreement and your CBA obligations. You cannot defer contributions or delay coverage once work begins.
What is this Bond For?
Local No. 22 Employee Benefit Funds administer health, pension, and welfare benefits on behalf of union members covered by collective bargaining agreements. This bond exists to protect those funds — and the workers who depend on them — against the risk that a signatory employer fails to remit required contributions. If an employer defaults or underpays, the funds can make a claim against this bond to recover the shortfall. It is a financial guarantee that runs in favor of the trustees of the Local No. 22 Employee Benefit Funds as obligee.
When is it Required?
Ongoing compliance is the nature of this bond — your obligation continues for as long as you remain a signatory employer under a Local No. 22 collective bargaining agreement. Some fund trust agreements require a new or renewed bond at the start of each production engagement or contract period, so lapses between projects can create immediate compliance problems. Employers who fall behind on contributions may also be required to post or renew this bond as a condition of continued fund participation. Do not wait until contributions are already in arrears to address the bonding requirement.
Where Does it Apply?
This bond applies statewide in New York and is tied specifically to the obligations of employers who participate in the IATSE Local No. 22 Employee Benefit Funds. It is not a general state license requirement — it is a fund-level requirement enforced by the trustees of Local No. 22. Work performed under Local No. 22 jurisdiction anywhere in New York will fall under this bond's coverage.
How to Buy Online
Click 'Buy This Bond Online' on this page and the secure surety portal will open in a new tab, guiding you through the application in minutes. You will enter your business details, the required bond amount, and submit — no agent callback required. Once approved, your bond documentation is issued digitally so you can deliver proof to the fund without delay.
Why Bond Titan?
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