BUSINESS NEWS - The Unemployment Insurance Fund (UIF) has announced the extension of the Covid-19 Temporary Employer-Employee Relief Scheme (Ters) benefit until the end of the National State of Disaster on 15 October, and has supplied new closing dates.
The fund said on Tuesday the new closing dates will not affect claims that have already been submitted; these will be processed and paid once the outstanding information is submitted.
The new dates are as follows:
- Applications for March, April and May will close on 25 September;
- Applications for June will close on 25 October; and
- Applications for July to 15 September will close on 30 October.
The UIF’s Ters portal has been offline since last weekend as it strives to tighten its system after the Auditor-General found that it was failing to sufficiently corroborate information supplied by applicants.
The fund is yet to announce when payments will resume.