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Bad News As UIF's Help Is Coming To An End.

Financial aid for workers who had their salaries reduced and those who have been retrenched due to Covid-19 is coming to an end. It will be unavailable in the coming months. The news was announced by the Unemployment Insurance Fund (UIF) when they explained that Covid-19TERS was a scheme to help rescue jobs and help companies that were closed during the country's closure of the fifth and fourth phases.


Makhosonke Buthelezi, a communications consultant for the Unemployment Insurance Fund, said Covid-19 TERS was supposed to look after workers for three months until the economic recovery in the different sectors that took place in phase three.


Asked what will happen to employers who fail to pay workers in July or those who have gone bankrupt.


Buthelezi: If employers are still facing a difficult situation or their companies have been opened they should apply for the standard Temporary Employer-Employee Relief Scheme rather than lay off workers. Requests for assistance are sent to the Commission for Conciliation Mediation and Arbitration (CCMA).


Buthelezi: There are conditions because workers have to accept that they will no longer be paid their regular salary but will receive a grant and be equipped with other skills. Revenue is usually 75% of their income, not exceeding R17,119.44.


She said the subsidiary companies pledge not to lay off workers within six to 12 months until the company returns to normal.


Persons who applied for the UIF violations will continue to receive their money, the suspension of Covid-TERS does not impede the regularity of other ordinary applications.


She mentioned that the money set for people who are retrentched, maternity leave and the sick are available and people will be paid.


Neil Roets of Debt Rescue's debt counseling company urged people to try to live within their means and stop buying unnecessary items.


He said the decline in wages as a result of Covid-19 and the increase in gasoline and transportation costs would be felt by people but that they should find a new way of living.


He urges them to cut costs, talk to creditors.


He pointed out that there are a lot of people asking for debt relief and he expects the number of unemployed to increase by 50% .

Content created and supplied by: Lehbzah (via Opera News )

Covid-19 Makhosonke Buthelezi Neil Roets UIF Unemployment Insurance Fund

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