IMPORTANT COVID-19 TERS UPDATE

CEFA-tier-ft-image

The UIF confirmed the following with respects to the COVID-19 TERS:

  • The Fund is committed to paying benefits for 3 months.
  • The Fund will honour the R40 billion committed to by the Department.
  • The benefit structure will not change.
  • The COVID-19 TERS will not continue beyond the end of June 2020.
  • June 2020 applications will be opened from midnight of 23 June 2020.
  • A media statement will be issued to communicate the cut-off dates for April, May and June applications.