Supplemental Unemployment Plan

Knowledge. Trust. Experience.

• SUB Plan is the Supplemental Unemployment Benefits Plan.
• The Sub Plan or Supplemental Unemployment Benefits Plan, allows for cash prevailing wage fringe benefits to be paid from a third party administrator to enrolled employees.
• The SUB Plan or Supplemental Unemployment Benefits Plan is a great addition to any Prevailing Wage Portfolio.
• The SUB Plan or Supplemental Unemployment Benefits Plan when included in a well balanced prevailing wage product portfolio such as Health, Life and Pension, this product offers an attractive “money now” benefit when most employers don’t.
• The SUB Plan or Supplemental Unemployment Benefits Plan works in getting cash dollars to employees now rather then later.
• The SUB Plan or Supplemental Unemployment Benefit Plan from a net cost perspective provides a substantial advantage to the employer and employee when including the SUB Plan as part of the employer’s Prevailing Wage Portfolio.
• The SUB Plan or Supplemental Unemployment Benefits Plan is an unemployment benefit, thus statutory tax payments are not required for either employer or employee.
• The SUB Plan or Supplemental Unemployment Benefit provides employee satisfaction and employee retention.
• The SUB Plan or Supplemental Unemployment Benefit also provides for more competitive bidding, more jobs and money when the employee is short hours.

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