The Unemployment Insurance Fund (UIF) gives short-term relief to workers when they become unemployed or are unable to work because of maternity, adoption and parental leave, or illness/injury. It also provides relief to the dependents of a deceased contributor.
If the UIF money is not claimed, it is then transferred to an unclaimed benefits fund. You can still access this account but through the proper channels. However, some funds' rules state that the amount must be written back after a set duration.
If you are wondering for how many months can you claim, UIF is valid for 12 months, provided that you have full credit days.
You must apply for UIF benefits as soon as you become unemployed or within six months after the termination of your employment.
You will be notified once your UIF claim is approved and when to submit a payment request form. The first payment will be made to your bank account two to four days after the process is complete.
The amount you receive for UIF depends on your salary. You will be paid a percentage of what you would have earned on a daily basis. The highest amount you could be paid is 58% of what you would have earned daily. This percentage applies to lower paid workers.
The higher your salary, the lower the percentage you will receive.
Unfortunately, the right to claim UIF as a dependent beneficiary expires six months after the deceased's passing.
