Nedlac to discuss UIF’s capacity to disburse Covid-19 relief funds
Labour minister Thulas Nxesi will ask social partners at Nedlac to work with the government to resolve the current and anticipated problems
The National Economic Development and Labour Council (Nedlac) will discuss the Unemployment Insurance Fund’s (UIF’s) financial capacity to continue paying Covid-19 temporary relief benefits in the long run, on Thursday.
Employment and labour minister Thulas Nxesi, who will lead the department’s delegation to Nedlac, said they need to guarantee the sustainability of funds beyond June 2020. The UIF has disbursed more than R11.3bn in the Covid-19 temporary Employer/Employee relief scheme (Ters) to date...