SA business wants unspent govt money used for TERS in level 4 | Fin24

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The business sector is part of a push to get government to reinstate the Unemployment Insurance Fund's Covid-19 Temporary Employer/Employee Relief Scheme, which will this week be discussed at the National Economic Development and Labour Council.

The business sector is part of a push to get government to reinstate the Unemployment Insurance Fund's Covid-19 Temporary Employer/Employee Relief Scheme , which will this week be discussed at the National Economic Development and Labour Council .

Employment and Labour Minister Thulas Nxesi said that government, with business representatives and unions, will"thrash out" an income-support plan for workersUnemployment Insurance Fund representatives have been in discussions with actuaries to confirm that there are enough funds to cover a TERS extension, while not threatening the viability of the fund.

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