EMPLOYEE BENEFITSAs an employee, you may be wondering what a Supplemental Unemployment Benefit Plan means for you. When your primary concerns are getting consistent work and providing for your family, it is important for you to know that a SUB Plan is designed to work in your favor.
A BCT Plan provides prevailing wage workers with valuable income security benefits during the construction off-season and other periods of unemployment where less than 36-hours are worked. Contributions made on your behalf are fully vested benefits that can be accessed quickly during qualified periods of unemployment or interrupted work up to 40-hours per week, at your normal rate of pay. In some instances, short work week payments are subject to FICA.
How The SUB Plan Works for You: