CHANGES TO THE UIF – SURPLUS PUT TO GOOD USE
21 June 2017
The long-awaited Unemployment Insurance Fund (UIF) Amendments Bill was signed into law by President Jacob Zuma in January 2017 (along with 10 other Bills awaiting approval).
The UIF has been amassing an enormous surplus and the National Treasury estimated it would reach R175b by 2019 if not somehow gainfully diverted.
READ MORE : CHANGES-TO-THE-UIF–SURPLUS-PUT-TO-GOOD-USE