The DA says processing applications for the Covid-19 Temporary Employer/Employee Relief Scheme (Ters) for May should have started in the middle of the month, as the UIF apologises for a ‘freak break’ in its system.
“We are doing everything in our power to ensure the problem is resolved today so we can start processing May applications immediately. The UIF promises to ensure that once the link has been restored, it will do all it can to catch up on the time lost,¨” it said.“This constitutes a ticking time-bomb ...
He said while the UIF had given itself a 10-day turnaround time for processing applications, in many cases it is taking more than a month. Many applications for April have still not been finalised. Nxesi noted that by Tuesday the UIF had paid more than R15bn to beneficiaries within five weeks since the first payments were made on April 16. He commended the UIF for its response to the challenge, despite the difficulties, saying the money paid out to beneficiaries so far has had a direct impact on 3-million workers.
The minister added that a meeting on Thursday of the National Economic Development and Labour Council would look at the UIF’s technical and financial capacity to continue to pay out benefits in the long run. The department needs to guarantee the sustainability of funds beyond June 2020, he said. About a month ago, the UIF had about R137bn in investments, with the government indicating that R40bn would be earmarked for the payment of Ters benefits.
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