TERS-FUNDING
SURVEY – conducted by the National Employers Association of South Africa (Nersa), AUGUST 17 2020
The National Employers Association of South Africa, Neasa, is conducting a survey to establish which employees have received the Unemployment Insurance Fund (UIF) Temporary Employee Relief Scheme (TERS).
The survey, conducted twice a week, identifies the amount of money employees have received from their employers after Ters funding was paid out.
11% of employers still haven’t received their April UIF/TERS monies.
Of the 89% of employers who received payment, only 67% were paid in full.
21% of employers still haven’t received their May UIF/TERS monies.
Of the 79% of employers who received payment, only 65% were paid in full.
41% of employers still haven’t received their June UIF/TERS monies.
Of the 59% of employers who received payment, only 68% were paid in full.