HOW MUCH MONEY CAN WORKERS CLAIM? If you have been contributing to the Fund for four years or more, then you can claim for up to 238 days. If you have been contributing for a shorter period, then you can claim 1 day for every 6 days that you worked while you were contributing to … Read more
The question of retirement age in South Africacan be thorny at best. YEI unpacks the topic of the retirement age in South Africa Baby boomers are retiring in their scores. The only issue is that many baby boomers are not ready to retire, mostly because of financial reasons. but also because they are not ready to be “put out … Read more
Employers can register at the UIF in the following ways: Registering online Step 1: Get the necessary information (ID numbers, addresses of employers and workers) ready. Step 2: Complete the online registration forms. Note: Onlineregistration is not yet active. The best alternative will be to complete the UI-8 and UI-19 forms and submit them at your nearest UIF office for processing. After … Read more
Claiming unemployment benefits If you want to claim from the UIF you need to go to your nearest Labour Office. There you will be asked to sign the unemployment register. You will be told when you need to come back and sign the register again. You will have to sign every four weeks to show that … Read more
1. Before You Hit Send on Your Resignation LetterSouth Africans contribute 1% of their income to the Unemployment Insurance Fund (UIF) with the knowledge that when they lose their job, there is some recourse. With some recent changes to this benefit and the confusion that surrounds it, it is important to know that many of … Read more
HOW MUCH MONEY CAN WORKERS CLAIM? If you have been contributing to the Fund for four years or more, then you can claim for up to 238 days. If you have been contributing for a shorter period, then you can claim 1 day for every 6 days that you worked while you were contributing to … Read more
UIF Act and Retirement: There are no benefits linked to age or retirement at all in the UIF Main Act that relates to the benefits payable. Unemployment benefits are strictly intended for employees who have involuntarily lost their employment. There are the 5 pillars of benefits under which you can apply for benefits: Unemployment benefits … Read more
Employers must pay unemployment insurance contributions of 2% of the value of each worker’s pay per month. The employer and the worker each contribute 1%. Contributions are paid to the Unemployment Insurance Fund (UIF) or the South African Revenue Services (SARS). Application The Unemployment Insurance Act and Unemployment Insurance Contributions Act apply to all employers and workers, but not to – workers … Read more
Claiming unemployment benefits If you want to claim from the UIF you need to go to your nearest Labour Office. There you will be asked to sign the unemployment register. You will be told when you need to come back and sign the register again. You will have to sign every four weeks to show that … Read more
How do I go about filing online for my UIF benefits? Simply go to www.ufiling.co.za and follow the steps to create an account. The service is completely free and allows UIF returns can to be done simply and conveniently online. Other benefits include ease of secure payments (debit order and credit push via internet banking) and faster … Read more