The Supplemental Unemployment Benefit (SUB) plan allows for cash prevailing wage fringe benefits to be paid from a third party administrator to enrolled employees. This is a more advantageous cash plan for both employers and employees alike. When included in a well-balanced prevailing wage product portfolio such as Health, Life and Pension, Supplemental Unemployment Benefit plan offers an attractive “money now” benefit when employees need it most!The SUB plan approval secured from the DOL includes an element of UNDER – employment as well as unemployment. Since the Supplemental Unemployment Benefit plan is a type of unemployment benefit, it is subject to eligibility for benefit calculation. The baseline standard is 173.3 hours per month. An employee is eligible for a benefit for every underworked hour below the standard. Benefit eligibility is subject to the participant’s account having sufficient funds in his/her account equal to or greater than the eligibility amount calculation.So, from a net cost perspective there is a substantial advantage to the employer and employee when including the Supplemental Unemployment Benefit plan as part of the employer’s prevailing wage portfolio. The SUB plan is an unemployment benefit, thus statutory tax payments are not required for either employer or employees. The employer saves money! The employee makes money!