How Much Does UIF Pay?

Knowing how much the UIF pays is a very good thing as this will give you the information in knowing the amount of money that you can receive from the UIF once you qualify for any of the claims. The UIF does not pay everyone the same amount of money once they qualify for a claim all of this fully depends on your salary and how long you have been contributing to the system.

How Much Does UIF Pay?

The UIF is a scheme that has been designed to benefit anyone that contributes to it. The UIF which is known as the unemployment insurance fund caters for anyone that falls into any of the categories like unemployment, illness, maternity leave, adoption and death. The UIF was established by the government as a way to help and cater for the citizens and this has been passed into law since 2004. The benefits of the UIF are so numerous that many people have enjoyed the scheme and more are still benefitting through it.

During the Covid 19 era, the purpose of the UIF was achieved in full as there were so many persons that were affected one way or the other and have fallen into any of the categories that have been listed here. The Covid 19 era came with lots of businesses shutting down, which led to mass unemployment, and sickness and many people staying home idle which led to so many pregnancies this made so many looks up to the UIF and make claims about the money they have been contributing monthly. During this phase, the UIF was able to cater for many and this gave so many people relief the money gotten played a major role in their financial life that period. This made the government make increase the UIF contribution and made it mandatory for all citizens to contribute as it will be of help later to them in the future or even their dependents.

When contributing to the UIF scheme, there might be various questions that will be running through your mind which you might not have an answer to. One of those questions is how much does UIF pay? The UIF pays between 38% and 58% of your salary and the more you earn the more money you will receive from the UIF. Though even if you earn less you won’t receive below the minimum wage. The major aim of the UIF is to ensure that those who are unemployed for a specific period are catered for and little amount of money can be reaching them monthly. This is a way of paying them back for the money that they have contributed so far to the scheme.

There are so many rules that are within the UIF and if you must receive your claim you must be able to abide by those rules. The rules of the UIF have to be obeyed and followed. Applying for claims in the UIF might seem a bit stressful as they are various documents that you will be asked to provide. Registering for the UIF can be done through various means. If you are an employee you should be registered on the UIF scheme and if you are not you should speak to your employer concerning that as he/she will be able to give you details on how they have not registered a UIF for you yet. There are various means of registering for the UIF and one of those ways is by doing it online, you can also register via email, fax, telephone call or even visiting the labour offices as well. You are not advised to visit the labour offices at all times and should be done only when you have pressing issues some of those issues should be related to the UIF and tell them you have not been able to get answers.

Over 20,000 people have registered for the UIF and many have been able to file for a claim and receive theirs. On retirement or if you were asked to resign, the UIF will not pay you any claim. One of the major reasons people contribute to this scheme is the benefit that is attached to it and the 1% of your salary that you do pay is deducted by your employer. Your employer pays his 1% and the two of you pay 2% monthly. Each UIF claim has various supporting documents that are needed to verify. It is important that you know which you would want to go for and then make the necessary arrangements to get the materials that are needed. Below are the documents that are needed in applying for claims for unemployment benefits in the UIF.

To claim unemployment benefits you need to have:

  • A copy of a 13-digit bar-coded identity document.
  • A copy of your last six payslips.
  • Information supplied by your employer (UI-19).
  • A service certificate from the employer. Proof of registration as a work seeker.
  • A fully completed registration form.

To claim Illness benefits you need to have;

  • A copy of your bar-coded identity document.
  • Copies of your last six payslips.
  • Information supplied by your employer (UI-19).
  • A service certificate from the employer.
  • Proof of banking details.
  • A statement of the amount received from your employer during the period of the illness. A fully completed registration form.

To claim maternity benefits you will need:

  • A 13-digit bar-coded identity document or passport.
  • Copies of your last six payslips Form UI-2.8 for banking details.
  • Information supplied by your employer (UI-19).
  • A service certificate from the employer.
  • Proof of your banking details.
  • A statement of the amount received from the employer during maternity leave.
  • Form UI-2.7. Form UI-2.3 (application form).
  • Medical certificate from a doctor or birth certificate of the baby. Form UI-4 (follow-up form). Fully completed registration form.

Conclusion

The UIF pays out a certain amount monthly and all of this depends on your salary. The UIF has made sure that it will cater for those in need and those who have contributed to the scheme.

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