LETTER: The rainy day is here, so help workers now
Money in the UIF belongs to employees and the government should be helping them access it during level 3 lockdown
14 January 2021 - 14:19
The department of employment & labour has access to more than enough funding in the Unemployment Insurance Fund (UIF) to ensure the Temporary Employer/Employee Relief Scheme (Ters) can be extended at least until the current level 3 restrictions have been lifted.
It must be remembered, however, that all the money in the fund comes from employers and employees. It does not come from the government or other income tax sources. These monies belong to the employees of SA, who are enjoined to specifically invest their monies in the UIF to ensure they are covered for a “rainy day”. ..
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