Fidelity Bonding Prgm

Posted April 16, 2011

Welcome to the Employment Development Department

 http://www.edd.ca.gov/pdf_pub_ctr/de8714ff.pdf

EDD FIDELITY BONDING PROGRAM Ex-0ffenders, At Risk , Poor Credit

The Employment Development Department’s (EDD) Fidelity Bonding Program provides bonding services at no cost to employers, employees, and job seekers at Workforce Services sites and One-Stop Career Centers throughout California.  ( Contact your nearest EDD office see if you qualify…) www.edd.ca.gov

Fidelity bonding services protect employers against possible theft and dishonest or fraudulent acts, and help alleviate employers’ concerns in hiring ex-offenders and at-risk job applicants. This program is funded and administered by EDD in partnership with the U.S. Department of Labor, Employment and Training Administration.

Who is Eligible?

To qualify for a fidelity bond, the job seeker or employee must meet all of the following criteria:

• Provide verifiable proof of legal status or documentation for authorization to work in the U.S.

• Have a firm job offer or commitment of employment with a reasonable expectation of permanence.

• Not be commercially bondable, or could be denied commercial bonding coverage because of an arrest record or imprisonment; history of drug or alcohol abuse; poor credit history; or a lack of employment history.

• Position requires that the job seeker be bonded or requires a bond to retain or remain on the job.

• Job seeker or employee must be qualified for the position being offered.

• Cannot be self-employed or an owner/operator.

What is the Limit Amount of Coverage?

Fidelity bonds may be issued for $5,000 to $25,000, in increments of $5,000. Requests for fidelity bonds in excess of $10,000 will be considered on a case-by-case basis.

How Long Does the Coverage Last?

A fidelity bond is free-of-charge and remains in effect for six months from the date of issuance. It cannot be cancelled, forfeited, terminated or transferred to another employee.

At the completion of the initial six-month coverage period, if no claim has been made against the policy, the employer has the opportunity to purchase continuing coverage at normal commercial rates. Extended coverage will be made available from the Travelers Property Casualty Company through The McLaughlin Company.

How to Apply for Bond Certification

Job seekers or employees may apply for a fidelity bond by visiting their local EDD Workforce Services site or

One-Stop Career Center. The certification process is simple, and requires no paperwork for the job seeker or the employer.

Coverage becomes effective once:

• Job seekers, employees and employers meet all eligibility requirements.

• The EDD’s Workforce Services or One-Stop Career Center staff has certified the bond.

• The applicant/employee has begun work.

Additional Information

Contact your nearest EDD Workforce Services site, listed under “Employment Development Department Job Service” in the State Government section of the telephone directory, or visit EDD’s Internet site at

http://www.edd.ca.gov

.

EDD is an equal opportunity employer/program.

Auxiliary aids and services are available upon request to individuals with disabilities.

DE 8714FF Rev. 16 (3-10)

(INTERNET) Page 1 of 1

CU

P.O. Box 826880 • Sacramento CA 94280-0001

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