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UIF - New Maximum Earnings Ceiling PDF Print E-mail

The Minister of Labour in concurrence with the Minister of Finance recently approved an increase in the maximum earnings with effect from 1 October 2007.

 

UIF Contributions will from this date be payable in respect of employees earning up to:
R 149 736.00 per annum or
R 12 478.00 per month or
R 2 879.53 per week

Employees who earn more than the annual, monthly or weekly maximum are also liable to contribute to the Fund, but contributions payable are only calculated on R149 736.00 of their annual earnings, or on R12 478.00 of their monthly earnings, or on R2 879.53 of their weekly earnings.

 
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