Two years ago, the Unemployment Insurance Fund had around R160-billion in its coffers. Now, post TERS payments, it stands at around R120-billion. eNCA's Lindsay Dentlinger reports. #DStv403
CAPE TOWN - The Unemployment Insurance Fund says it’s on a mission to get back money defrauded through false TERS claims.
So far it’s managed to claw back R3.4 billion.
The fund has paid out R61-billion in special COVID-19 temporary employee relief -- four times the amount the fund would usually disburse in a year.
But there are concerns about replenishing the fund.
* eNCA's Lindsay Dentlinger reports.
Source
eNCA
