";s:4:"text";s:5434:" The clauses read as follows:1.1.3 The initial waiting period for an employee to access benefits will be waived.An employer will be entitled to retract this and apply for UIF instead, particularly if the annual leave has not yet been paid. The good news is that you can claim for UIF for a maximum of 238 days if you are dependent on the income you will receive from your living annuity.The coronavirus pandemic has closed many businesses and left many in South Africa without an income.What documents do you require when claiming?The government have created two temporary lay-off options:Not many people are aware that they could register for the Unemployment Insurance Fund (UIF) benefits if they have retired at 65 from employment and will not be seeking further employment. There are very few who are applying on behalf of their employees for this benefit. Select the method of upload employees through CSV files or adding employees one by one. For your claim to be processed efficiently and quickly, it is important to make sure all your employer records are up to date on the company’s system.Also, did you know that when you retire from your retirement funds and choose to transfer the full capital into a living annuity, you could come across some unforeseen delays which could potentially mean a delay in receiving a retirement income? Here's how to claim from UIF as well how to check if you are supposed to be receiving funds from UIF. The employer must accept the terms and conditions stipulated in the MOA.The employer must confirm banking details and upload the confirmed details in PDF format in the given space. You cannot claim if you have taken early retirement.This can be very helpful towards your first year of retirement as we all know it is very difficult to maintain a living after retirement.For financial professionals. “Can we appeal to employers? It is suggested that employers could discuss / negotiate this with staff on their return. 2.2 If you have granted annual leave consider consulting staff to withdraw / reduce to enable the TERS to pay some of this amount. Tlotliso Phakisi from Cannon Asset Managers on avoiding the herd when investing and V&A Waterfront CEO David Green on the cruise industry as liners remain docked.This scheme is intended to provide emergency relief to enable employers to pay employees who are temporarily laid off due to the Covid-9 crisis. The Department of Employment and Labour has shared an easy guide on how to claim UIF with their online platform in just 12 easy steps.