by Adam Garrett | Oct 2, 2018 | Fringe Benefits, SUB Plan, Supplemental Unemployment
When employees are laid off involuntarily due to a reduction in job force, reorganization and other employer circumstances, Supplemental Unemployment Benefits or SUB plans can come into play. Here are some commonly asked questions about SUB plans to guide both...
by Adam Garrett | Jul 27, 2017 | SUB Plan
Know more about the Supplemental Unemployment Benefit PlanA SUB Plan, or supplemental unemployment benefit plan, is a fringe benefit plan provided to prevailing wage workers. These plans provide compensation to employees, on top of the state unemployment insurance, in...
by Adam Garrett | May 2, 2017 | SUB Plan
SUB Plan as a Prevailing Wage Fringe Benefit PlanA Supplemental Unemployment Benefit Plan is a tax exempt plan or trust established to provide severance pay to prevailing wage workers who are laid off due to a reduction in workforce or plant closing. A SUB Plan...
