Now that President Ramaphosa has extended the National State of Disaster to 31 January 2021, it begs the question, will the Unemployment Insurance Fund be extending the Covid-19 TERS fund as well? Well, here's what we know.
The Congress of South African Trade Unions (COSATU) has called Government's move to not extend the Covid-19 Temporary Employer/Employee Relief Scheme 'reckless' and 'outrageous'. They are now calling on the President to extend TERS funds and are saying that this will have many question who is in charge.
It is now your last chance to apply to benefit from the Covid-19 Temporary Employer-Employee Relief Scheme (TERS). The fund has said that they will make sure that all the outstanding valid claims are paid.
The Unemployment Insurance Fund has exceeded R51 billion in payments for Covid-19 Temporary Employer-Employee Relief Scheme (TERS). The fund has now said that they will make sure that all the outstanding valid claims are paid.
Now that Government has officially announced that they'll be extended the R350 Special Relief of Distress grant for another three months, will the Unemployment Insurance Fund follow? Everyone is now asking whether the Temporary Employer/Employee Relief Scheme (TERS) will now also be extended for another three months.