Benefits

Unemployment Insurance Fund (UIF): relief for workers

You can count on federal financial assistance while looking for a new job. Earn up to R17,712 per month! Keep reading and learn more!

Advertisement

Count on federal financial relief for situations where you are unemployed or unable to work

Unemployment Insurance Fund
Unemployment Insurance Fund (UIF): relief for workers. Source: Foster the Money

In effect, the Unemployment Insurance Fund exists to assist unemployed workers financially.

Unemployment Insurance Fund

Apply for the Unemployment Insurance Fund (UIF)

Apply to the Unemployment Insurance Fund and get federal financial help until you can find a new job or qualify for a better job!

With this federal aid, it is possible to keep the bills paid while the worker repositions himself in the market. Learn more about this help offered to workers!

How does the Unemployment Insurance Fund work?

The UIF is a fund administered by the government. In effect, it offers short-term financial assistance to workers who have lost their jobs.

In addition, the UIF can help workers who have had their working hours cut short involuntarily.

The UIF is administered by the Department of Employment and Labor and benefits workers who have contributed to the fund. As a result, benefits include:

  • Illness benefits;
  • Unemployment aid;
  • Maternity benefits;
  • Adoption benefits.

The amount of the benefit is calculated based on the worker’s income. In addition, the benefit duration depends on the time the worker contributes to the fund.

Other services provided

  • Professional orientation;
  • Job placement services;
  • Training programs to help unemployed workers find new jobs.

Benefits offered by the Unemployment Insurance Fund

Office, laptop and black woman, serious and reading email or online research report, with glasses. Computer, concentration and African journalist proofreading article on digital news website or blog
Benefits offered by the UIF. Source: Adobe Stock

Below, learn about the main benefits offered to jobs through this benefit:

Help for a long time

Indeed, the main difficulty for workers is maintaining the family budget in periods of unemployment.

For this reason, the UIF offers financial assistance for a relatively long term. Workers contributing to this fund can have up to 12 months of continuous support.

This is certainly a good period to re-enter the job market. Workers can also count on a temporary pension in case of incapacity due to occupational injuries/illnesses.

The maximum pension payment period is 26 weeks (over 6 months).

In cases of pregnancy, childbirth, miscarriage, and worship, it is also possible to count on financial assistance from the UIF. Thus, you can receive payments for up to 17 weeks.

Illness giving entitlement to continuous UIF pension

Indeed, certain illnesses may entitle workers to a continuous UIF pension. Below is a list of some of these diseases:

  • Tuberculosis;
  • Leprosy;
  • Malaria;
  • Pneumonia;
  • Typhoid fever;
  • Viral hepatitis;
  • AIDS / HIV;
  • Cancer;
  • Multiple sclerosis;
  • Serious psychiatric disorders.

Want to apply for the Unemployment Insurance Fund?

Indeed, most workers can apply for help from the UIF. To learn how to see the following post!

Unemployment Insurance Fund

Apply for the Unemployment Insurance Fund (UIF)

Apply to the Unemployment Insurance Fund and get federal financial help until you can find a new job or qualify for a better job!

Trending Topics

content

What is a home loan? An introductory guide

Knowing what a home loan is could be the key to your new home. Understand how banks can help you realize this dream!

Keep Reading
content

Airlink: cheap flights and offers from R1,000

Airlink is your opportunity to take advantage of extremely cheap flights: enjoy discounts of up to 75% on national and international flights!

Keep Reading
content

African Bank Personal Loan review: loans up to R350,000

Full review of African Bank Personal Loan, the easiest and simplest way to get up to R350,000 in just a few minutes. Know more!

Keep Reading

You may also like

content

Multi-currency: apply for MG CashViza Prepaid Debit Card

Apply to MG CashViza Prepaid Debit Card and get a cheap and secure solution to carry cash in up to 24 different currencies. Learn more!

Keep Reading
content

Grant-in-aid: pension of R500 monthly indefinitely

If you receive a disability grant, war veteran’s grant, or grant for an older person, read our Grant-in-aid review and increase your income.

Keep Reading
content

Standard Bank Titanium Credit Card full review: should you get it?

How about buying Emirates tickets with a 20% discount? Ask for your Standard Bank Titanium Credit Card to enjoy these and other advantages!

Keep Reading