The COVID-19 Temporary Employee/Employer Relief Scheme (TERS) brought to the fore by government during lockdown has proved a vital lifeline for many a local business, but the dispersion of funds has been less than ideal.
While the Department of Employment and Labour has continued to work on improving service delivery in this regard, it has also made an announcement extending the valid date for payments to 15th September.
This follows negotiations at the National Economic and Labour Council (NEDLAC) and the signing of a direction to that effect by Employment and Labour Minister, Thulas Nxesi, earlier this week the department explains.
““With the lockdown for some industries extended to 15 September, it only makes sense for us to continue to shield workers from the worst effects of the pandemic by extending the relief payments, which have placed much needed cash into the hands of ordinary workers in this country,” the minister noted.
The department confirms that as a result of the extension, the Unemployment Insurance Fund (UIF) will continue to receive applications for March 2020 to the end of July 2020 period, until 15th September 2020.
No further applications shall be accepted beyond that date, however, it adds.
“The receipt of COVID-19 TERS benefit applications for August 2020 to 15 September 2020 shall close on 30 October 2020, and no further applications shall be accepted beyond that date,” a statement from the department stressed.
While the UIF says it has disbursed over R41 billion in payments through applications by 825 814 employers, there are still issues like corruption and failure to process funds to consider.
As such, it remains to be seen if the newly extended 15th September timeline will stick.
If you still have not made your COVID-19 TERS application, you can find out how to do so here.[Image – Photo by Sincerely Media on Unsplash]