UIF hits 40 billion payment

News South Africa

Tebogo Msimanga

The Unemployment Insurance Fund paid R40-billion in Covid-19 Temporary Employee Relief Scheme to ease the difficulty of workers during the lockdown.

Minister of Employment and Labour Minister Thulas Nxesi on Thursday said this is a great achievement by all standards and he is proud.

“As part of the agreement at NEDLAC, the UIF will start this coming Monday to process the July and August claims while ensuring that the outstanding April and May and June claims are also speedily settled.”

The R40-billion has covered 9 087 133 payments to millions of workers through 779 429 companies that put in claims on behalf of workers.

For April, R20-billion has been paid for a total of 4 041 839 workers through 389 233 employers.

The payments for May  stand at just under R11-billion (R10.9-billion) for the benefit 2 704 763 workers through 168 089 employers.

In June, the UIF paid just under R9-billion (R8.6-billion) to the hands of 2 340 531 workers represented by 168 089 employers.

Nxesi added that some of the payments have been made directly to the employees (R1.5-billion), documented and declared foreign nationals who have made this country their working home (R1.5-billion) as well as over R200-million paid to domestic workers.

Leave a Reply

Your email address will not be published. Required fields are marked *