What forms are needed to claim UIF?

Claiming unemployment benefits If you want to claim from the UIF you need to go to your nearest Labour Office. There you will be asked to sign the unemployment register. You will be told when you need to come back and sign the register again. You will have to sign every four weeks to show that … Read more

What happens to my UIF contributions if I resign?

1. Before You Hit Send on Your Resignation LetterSouth Africans contribute 1% of their income to the Unemployment Insurance Fund (UIF) with the knowledge that when they lose their job, there is some recourse. With some recent changes to this benefit and the confusion that surrounds it, it is important to know that many of … Read more

Why is my UIF claim rejected?

You can appeal a decision of the Commissioner or a claims officer by sending the UI-12 form to your nearest department of labour office. The form must be accompanied with any documents/proof that reinforces your reason to appeal. Delays can also be caused by claimants submitting incorrect information, such as bank details on their forms, and sometimes … Read more

Who must pay UIF?

Employers must pay unemployment insurance contributions of 2% of the value of each worker’s pay per month. The employer and the worker each contribute 1%. Contributions are paid to the Unemployment Insurance Fund (UIF) or the South African Revenue Services (SARS). Application The Unemployment Insurance Act and Unemployment Insurance Contributions Act apply to all employers and workers, but not to – workers … Read more

What is the maximum UIF payment?

UIF is calculated as 2% of an employee’s remuneration for UIF purposes, split evenly between the employee and employer, i.e. 1% contributed by the employee and 1% contributed by the employer.  Remuneration for UIF purposes is the employee’s remuneration, less certain exclusions such as commission, and is subject to a monthly income cap of R14 872. The … Read more

Why do I Need Life Insurance?

Risks and uncertainties are an unavoidable part of life’s design – death, accident and illnesses are built into the working of the universe, waiting to happen. Life insurance is man’s answers to such vagaries of life. With life insurance, an event like death cannot render your family financially helpless. Nowadays life insurance not only financially … Read more