Question NW2133 to the Minister of Employment and Labour

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03 June 2022 - NW2133

Profile picture: Cardo, Dr MJ

Cardo, Dr MJ to ask the Minister of Employment and Labour

What amount in Rand has the Unemployment Insurance Fund (a) received in total, in terms of employer and/or employee contributions and (b) paid out in total, in terms of all benefits offered in each month from April 2020 until the end of April 2022?

Reply:

The table below shows comparison between the amounts collected as contributions versus benefit payments including COVID-19TERS and Workers Affected By Unrest (WABU) from 1 April 2020 to 30 April 2022. Collected contributions for the period in question were about R 42 614 054 783.39 and payments made amounted to R98 227 419 458.80. The payments made were augmented by UIF’s investment income.

MONTH AND YEAR

CONTRIBUTIONS COLLECTED

BENEFITS PAID OUT

April 2020

R 1 489 744 791.06

R 5 595 676 052.28

May 2020

R 1 375 298 505.07

R13 172 928 723.51

June 2020

R 1 335 564 830.96

R13 068 700 225.51

July 2020

R 1 496 909 778.13

R9 415 898 814.82

August 2020

R 1 585751 566.86

R5 667 762 970.91

September 2020

R 1 611 552 998.33

R7 908 312 370.75

October 2020

R 1 568 512 532.29

R5 980 930 862.56

November 2020

R 1 622 687 992.99

R4 456 953 942.35

December 2020

R 1 763 727 010.25

R3 927 167 367.31

January 2021

R 1 661 367 602.89

R2 899 403 916.45

February 2021

R 1 636 027 114.57

R2 310 584 770.16

March 2021

R 1 723 779 766.38

R404 273 999.73

April 2021

R 1 592 978 941.54

R2 323 066 342.86

May 2021

R 1 640 087 379.41

R2 514 408 103.46

June 2021

R 1 721 034 856.93

R2 355 909 336,52

July 2021

R 1 840 499 770.09

R1 983 650 328.24

August 2021

R 1 780 033 476.48

R2 153 009 834.92

September 2021

R 1 834 927 690.29

R1 744 262 146.86

October 2021

R 1 834 616 317.72

R1 872 803 420.63

November 2021

R 1 833 004 513.85

R2 061 444 524.61

December 2021

R 2 023 204 166.34

R1 040 830 165.00

January 2022

R 1 874 300 044.96

R1 387 392 619.75

February 2022

R 1 860 885 762.66

R1 348 257 031.23

March 2022

R 2 058 845 885.37

R1 179 149 173.01

April 2022

R 1 848 711 487.97

R1 454 642 416.20

Total

R 42 614 054 783.39

R98 227 419 458.80

Source file