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UIF audits companies that claimed COVID-19 TERS monies

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Companies that are not complying with legislation of the Unemployment Insurance Fund (UIF) are being dealt with, says the Department of Employment and Labour.

In a statement on Wednesday, the department said that Phase two of the UIF’s “Follow the Money Project” which started this month has its sight set on employers that have not declared employees and kept COVID-19 Temporary Employer-Employee Relief Scheme (COVID-19 TERS) monies to themselves instead of paying their workers.

Speaking at a breakfast session with employers in Mafikeng, North West, on Tuesday, UIF Commissioner Teboho Maruping said the Fund is implementing an on the spot as well as an overtime recoupment process.

The Commissioner said that the former process will apply where, prior to March 2020, employees were not declared by employers. In such instances, he said 70% of the two percent contributed by the Fund will be recovered immediately.

“In these cases, only 30% will

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