• Caught in the debt trap?

    Help us help you by taking our second annual Debt survey and you could win R3 000.

  • Rich man, poor man

    Culture change from below is the only way to overcome poverty, says Leopold Scholtz.

  • Tech bubble talk

    After the tech euphoria of 2013, the fast-moving sector has hit a speed bump.

Data provided by McGregor BFA
All data is delayed
Loading...
See More

Businesses warned of UIF scam

Aug 22 2011 14:07 Sapa

Related Articles

UIF payments ease after recession

Frustrating bureaucracy

UIF posts R9bn surplus

Unemployment claims rocket

UIF benefits thousands in Limpopo

UIF plans to extend benefit period

 

Johannesburg - Businesses must beware of a syndicate offering to help them recover unclaimed money from the Unemployment Insurance Fund (UIF), commissioner Boas Seruwe said on Monday.

Forms entitled "UIF-Administrator of Fund" or "Unclaimed Income Fund" were being circulated to businesses offering to help them recover amounts of up to R10 000 from the fund, Seruwe said in a statement.

The forms looked similar to the official form used by employers to declare payment for workers' contributions to the UIF.

The fraudsters asked for a payment of between R149.90 and R194.90 to assist in recovering the UIF money.

"Our services are free and the UIF does not charge its clients to process claims. The Fund does not pay the so-called huge unclaimed amounts," Seruwe said.

The UIF, an entity of the department of labour, pays benefits to employees if they lose their jobs, fall pregnant or are unable to work due to illness.

If workers contributed to the fund, but did not lose their jobs, the fund would not pay back the unclaimed portion of the contribution, Seruwe said.

He said people should call the UIF on 012-337-1680 if they needed more information.

 
uif  |  businesses  |  fraud
NEXT ON FIN24X

 
 
 

Read Fin24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
0 comments
Add your comment
Comment 0 characters remaining
 

Company Snapshot

We're Talking About: Small Business

Standard Bank is looking for 12 entrepreneurs to participate in a 10-part TV series. They could win a R1m investment into their dream.
 
 

Tight security in Manenberg for Mthethwa

There has been a heavy police presence in the gang hotspot of Manenberg in Cape Town ahead of the arrival of Police Minister Nathi Mthethwa.

 
 

Latest elections multimedia

Watch what happened when we blindfolded Helen Zille and asked her to eat random things
13 days to elections - news you need to know
11 Julius Malema quotes you'll never forget
DA won't get 30% - Zille

Money Clinic

Money Clinic
Do you have a question about your finances? We'll get an expert opinion.
Click here...
Loading...