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Johannesburg – The Unemployment Insurance Fund has announced a new extension of benefit payments from the Temporary Employee Assistance Plan until September 15.
This means that the government will offer lockdown assistance funds to qualifying sectors by placing cash in the hands of workers during the lockdown period.
The FIU warned, however, that those companies that had pending claims from March to June had until September 15 to submit their applications, while those that were applying from August to September 15 had until October 30 to submit their applications. make your presentations.
No submissions will be received beyond those dates, they said.
The FIU said the decision was made in the National Council for Economic Development and Labor (Nedlac) after negotiations with interested parties.
Since the closure, the FIU has paid more than 41 billion rand to more than 825,000 employers after the country went into closure due to the pandemic.
The Minister of Labor and Employment, Thulas Nxesi, signed the instructions to extend the Ters term.
“With some industry shutdowns extended through September 15, it only makes sense that we continue to protect workers from the worst effects of the pandemic by extending aid payments that have put much-needed money in the hands of ordinary workers. in this country, “Nxesi said.
The FIU-Ters benefit was instituted in April.
Their goal was to ensure that workers were not harmed by the closure.
Employers had to submit applications on behalf of employees.
But the scheme has been abused, and the auditor general found that Ters funds were also channeled to deceased people, people in prison, people working for the FIU, people receiving state grants, students receiving the National Financial Aid Program. for Students (NSFAS) payments, public servants and minors.
This led to the suspension of the senior management of the FIU, including the commissioner and senior management: the chief financial officer, the chief operating officer and the head of supply chain.
Meanwhile, the FIU said it will continue to receive applications for the period March 2020 to July 31, 2020 until September 15, 2020. Applications will not be accepted beyond that date.
The FIU said that applications for Ters for the period August 2020 to September 15, 2020 would be closed on October 30, 2020.
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