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Calculate Your Savings
Estimate your savings using the Davis-Bacon Pension Plan & Trust today!
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Links
A list of popluar links for builders and contractors.
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For companies that are seasonal or consistently work less than 2000 hours a year, we offer a SUB plan. When an employee is on a prevailing wage job, a deposit is made to the trust in accordance with the company wage policy and the applicable prevailing wage contract.
Give the Benefit of Cash!
Unemployment is the most common benefit claim in the contracting industry. More people will file for unemployment than either retirement or health benefits. Employers can turn all the time an employee falls short into a qualifying period for benefits paid for with the fringe rate from prevailing wage jobs. You will make a difficult time for employees more bearable. Employees get rewarded for their continued service and employers get control of tax-deductible contributions in complete compliance with DOL and IRS regulations.
Employees Benefit from the SUB Plan
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• Employees get cash when they need it most - during period of unemployment.
• Prompt payouts made after employer notification.
• SUB payments are paid in addition to the state unemployment benefit.
• Benefit payments are not subject to Social Security or Medicare taxes. |
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