McCarthy Attorneys Inc

UIF

UIF CONTRIBUTION CEILING INCREASE AND PENSION FUND WITHDRAWAL INCREASE

UIF Contribution Ceiling Increase And Pension Fund Withdrawal Increase

Recently, changes have been made to the regulations regarding the capped amounts of contributions to be made to the UIF on the one hand and withdrawals from retirement funds on the other hand.
The purpose of this Act is, among other things, “to create offences which have a bearing on cybercrime; to criminalise the disclosure of data messages which are harmful …” and creates mechanisms and procedures for determining and prosecuting the criminalised activities enumerated therein.

Claiming COVID-19 Benefits-UIF

The Unemployment Insurance Fund will compensate affected workers through a new “National Disaster Benefit” and its existing Illness, Reduced Work Time, and Unemployment benefits. The benefits which can be claimed in respect of the UIF by an employee as a result of the COVID-19 outbreak in South Africa include: Reduced Work Time Benefits Illness Benefits …

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