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On 11 January 2016, President Jacob Zuma signed into law a number of bills, including the Unemployment Insurance Amendment Act (UIF) of 2016.
The main purpose of the new act is to amend the UIF Act of 2001 so as to provide for the extension of unemployment insurance benefits to learners who are undergoing learnership training and civil servants. Also, amongst other things, it will adjust the accrual rate of contributor’s entitlement to unemployment insurance benefits and provide for the process of application for maternity benefits. The act further seek to empower the UIF Board to provide in its constitution for the functions of regional appeals committees and to amend Schedule 2 to the UIF Act of 2001 so as to provide for adjustment of the Income Replacement Rate. Labour union Cosatu has indicated its strong support for the signing of the bill into law.
- Read Cosatu’s press statement at Politicsweb
Get other news reports at the SA Labour News home page