Ex-offenders
Employment is the #1 reason for successful re-entry of ex-offenders into society.
Employed ex-offenders are twice as likely to stay out of prison than those who do not have jobs.
Individuals in recovery from substance use disorders
Individuals who have a disability
Public assistance recipients
Individuals with poor credit records
Economically disadvantaged youth and adults who lack work histories
Individuals dishonorably discharged from the military
Economically disadvantaged persons who lack a stable work history
Anyone already employed who needs bonding to prevent termination or secure a transfer or promotion
Contact your local Kentucky Career Center (KCC) or the KCC Federal Bonding Coordinator via email: workforce@ky.gov
Visit the Federal Bonding Program website: www.bonds4jobs.com
To note - Bonds can be issued as soon as the applicant has a job and starts working. Workers must be paid wages with federal taxes automatically deducted from pay; self-employed persons cannot be covered. Part-time and temporary workers are eligible.
More than 95% of bonds are issued for $5,000 coverage for a six-month period. Exceptions are possible based on the situation. When the initial bond coverage expires, employers can purchase continued bond coverage from CHUBB Insurance if the worker has demonstrated job honesty.
The bond DOES NOT cover liability due to poor workmanship, job injuries, and work accidents. It DOES NOT provide bail, contractor performance bonds, or license bonds for self-employment.
Salesforce. (n.d.). Retrieved April 05, 2021, from https://kydev.my.salesforce.com/sfc/p/#t00000004X3h/a/t0000000cRcn/ZtCHbraZIcSZQl7D3sTNDR1fM4OzHpn0GXgqndJMsY4
The federal BONDING program: A US Department of Labor initiative. (2021, March 31). Retrieved April 05, 2021, from https://nicic.gov/federal-bonding-program-us-department-labor-initiative
Educational programs of Kentucky Cooperative Extension serve all people regardless of economic or social status and will not discriminate on the basis of race, color, ethnic origin, national origin, creed, religion, political belief, sex, sexual orientation, gender identity, gender expression, pregnancy, marital status, genetic information, age, veteran status, or physical or mental disability. Kentucky State University, University of Kentucky, U.S. Department of Agriculture, and Kentucky Counties, Cooperating. 2021 KYSU-CEP-FAC-0085