POLL | Applications for UIF Covid-19 relief fund are now closed - how will you manage?

Employee Relief Scheme applications leaves companies and employees with the option to apply for the Reduced Work Time Benefits if staff are still working or companies remain closed.that Ters was a temporary measure to help companies which suffered a loss of income under hard lockdown.

The Reduced Work Time Benefits is applicable to employees who are losing some of their income as a result of reduced work hours and employees who don't have an income due to being temporarily laid off.said the department would continue to pay companies which submitted their applications between the months of April and June. He also said employers would be given an extension to resubmit or update any outstanding documentation to process their payouts.

Companies whose applications were declined due to UIF non-compliance will also be reviewed and considered for payouts. This is also applicable to companies which applied within the three month period. Nxesi said the fund was paid to more than 2 million employees on behalf of over 149,120 companies. In the month of May alone, it benefited more than 14 million people, he claimed.

“Using the measure that one beneficiary is responsible for eight others, the amount of money that has been distributed has covered at least 14 million people in this round of May payments alone. This is a real difference in the lives of workers and is evidence of government's commitment to make a real difference,” said the minister.

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

POLL | Should SA return to lockdown level 5?The EFF said if the eased lockdown is continued, more people will die as hospitals are overwhelmed.
Source: TimesLIVE - 🏆 28. / 59 Read more »

UIF Covid-19 relief fund in tatters | CitypressOPINION: A crisis waiting to happen at the UIF has become too big to conceal. It has become a bottomless pit without proper governance, risk management or control measures to ensure that the fund achieves its objectives, writes Arlington Nchoe
Source: City_Press - 🏆 7. / 72 Read more »

STATE OF THE MEDIA STATEMENT: Covid-19 impact: Sanef announces launch of relief fund for journalistsThe impact of Covid-19 has been instant and severe. The media has not been spared, with the industry shrinking at a time of great need for robust journalism. On Thursday, the SA National Editors’ Forum launched a relief fund for journalists who have lost jobs and income over the past months of the Covid pandemic. This is the launch statement.
Source: dailymaverick - 🏆 3. / 84 Read more »

UIF to test June application system with a few employersThe Covid-19 relief scheme has paid out R26bn but technical glitches mean April and May applications are still being processed
Source: BDliveSA - 🏆 12. / 63 Read more »

Two KZN police stations close due to positive Covid-19 cases | News24Two KwaZulu-Natal police stations have closed after four police officers tested positive for Covid-19 | kaveels
Source: News24 - 🏆 4. / 80 Read more »

EXPLAINER | No more cash for UIF Covid-19 Ters fundThe department of employment and labour has no alternative funding measures for companies that will remain closed but require funding under level 3 lockdown.
Source: TimesLIVE - 🏆 28. / 59 Read more »