TERS Fund: Window closing for companies to apply for Covid-19 relief

TERS Fund: Window closing for companies to apply for Covid-19 relief

- Companies who have yet to apply for the Unemployment Insurance Fund TERS benefit still have time

- Applications for the months of April, May and June are still being accepted by the fund

- However, the directive issued in relation to the fund indicates that June is the last month for benefits

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The Unemployment Insurance Fund temporary employer/employee relief scheme benefit is still accepting applications.

The fund says that it will continue to accept and process Covid-19 claims for the months of April, May and June in line with the directive issued by Employment and Labour Minister Thulas Nxesi.

However, the scheme will only accept claims for these months according to a statement issued by UIF Commissioner Teboho Maruping:

“Although June was the last month for the Covid-19 TERS benefits as per the directive, the UIF will continue to process and pay claims submitted for this period until the cut-off date is determined. However, we will not accept claims submitted for July onwards as that falls outside of the time period stipulated in the directive for the Covid-19 TERS benefits.”

Labour Minister Thulas Nxesi
Source: Getty Images

READ ALSO: Covid-19: Minister Nxesi urges companies to pay staff UIF funds

The Citizen reports that the fund had experienced technical issues when it opened for June submissions.

The challenge had been related to switching employer profiles when submitting, which resulted in a possible security breach.

Maruping explained that the system had opened for payments but had been later forced to shut it back down:

“Unfortunately, we experienced problems with the swapping of user profiles and we immediately shut it down for June and rolled back to [processing applications for] May to fix the problem.”

Business Insider reports that the commissioner is hopeful that these issues are a thing of the past as the window for applications closes:

“I wish to apologise to employers and employees for further delays. We are however working around the clock to fix the problem. We anticipate complete testing by Friday [June 3] so that we can open the system again over the weekend if everything goes according to plan.”

Briefly.co.za reported that Nxesi had called on employers to do the right thing and pay employees their funds after it emerged that owners were pocketing the benefits.

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Source: Briefly.co.za

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