How much is the UIF payout?

The amount of UIF (Unemployment Insurance Fund) payout you receive will depend on your previous salary and how long you have been contributing to the UIF. The basic calculation for UIF benefits is 38% of your previous salary, subject to a maximum amount. The maximum amount of UIF payout is currently set at R17,712 per … Read more

Does UIF pay lump sum?

How much will you get paid when you claim UIF? These two sites have a UIF calculator: www.ezuif.co.za www.uif-hero.co.za The Department of Labour takes 2 criteria into consideration: I entered information for someone earning R15 000 who has been working and contributing for the maximum period of 4 years and who is going on maternity leave. The … 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