The department of employment and labour has no alternative funding measures for companies that will remain closed but require funding under level 3 lockdown.
Employees will only be eligible to apply for the Unemployment Insurance Fund should their employment contracts be terminated or if companies close down.
“The scheme was intended as a stopgap measure for three months until lockdown restrictions were eased and the economy slowly reopened, which has now occurred under advanced level 3,” he said.Buthelezi said employees who get salary cuts beyond the Ters period can apply for the Reduced Work Time Benefit. This fund is for employees who get pay cuts due to reduced hours or employees who are temporarily laid off without pay.
“Benefits payable is the difference between what employer pays and normal UIF benefits payable should an employee lose employment,” he said. Employees applying for this benefit must have a letter from an employer confirming the reduced work time and also submit the UI19 and UI2.7 forms, which must be completed by the employer.
A UI2.8 form must be completed by the employee’s bank and the UI2.1 form must be completed by the employee.Buthelezi said companies whose Ters applications were declined due to non-compliance will be reviewed. However, this will only be applicable to companies that applied within the three-month period.
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