How much will UIF pay me?
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Thursday, 24 February, 2022 - 10:02
Answer
The amount of UIF (Unemployment Insurance Fund) benefits you may be eligible to receive will depend on your earnings before you became unemployed.
The UIF benefits are calculated as follows:
- You will be paid 38% of your average weekly earnings during the 12 months before your unemployment, subject to a maximum earnings threshold.
- The maximum earnings threshold is currently R17,712 per month. This means that the maximum amount of UIF benefits you can receive is R6,730.56 per month (38% of R17,712).
- It's important to note that UIF benefits are only paid for up to 12 months or until you find new employment, whichever comes first. You may also receive less than the maximum amount if your average earnings during the 12 months before your unemployment were below the maximum earnings threshold.
Furthermore, it's important to note that certain factors, such as the reason for your unemployment and the duration of your previous employment, may affect your eligibility for UIF benefits. It is recommended that you contact your nearest UIF office or visit the UIF website for more information and guidance on how to apply for UIF benefits.
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