Unemployment Insurance Act, 2001 (Act No. 63 of 2001)SchedulesSchedule 3 : Scale of Contributor's entitlement to Benefits |
| (1) | Table One is the scale of benefits to which a contributor may be entitled. A contributor’s monthly rate of remuneration is set out in column 1. The percentage of the contributor’s monthly income that will be paid as a benefit is set out in column 2. The actual benefit payable in Rand terms is set out in column 3. |
| (2) | Benefits below the transitional income level are earnings-related and fall as a proportion of income as income rises. |
| (3) | Contributors and employers of contributors earning above the income threshold of R97 188 per annum shall contribute 1 % of the threshold and such income contributors shall receive benefits payable at this threshold level. |
Tables to illustrate benefits at various earnings levels
Based on a transition income of R97 188 per annum
The various amounts on these tables are calculated in terms of the equation in Schedule 2
IRR = Income replacement rate
Approximate benefits payable on monthly basis
Income |
IRR = |
UI Benefit |
150.00 |
58.64 |
87.96 |
300.00 |
57.39 |
172.17 |
500.00 |
55.88 |
279.41 |
700.00 |
54.53 |
381.69 |
1 000.00 |
52.74 |
527.35 |
1 500.00 |
50.25 |
753.79 |
2 000.00 |
48.24 |
964.87 |
3 000.00 |
45.19 |
1 355.74 |
3 075.57 |
45.00 |
1 384.01 |
4 000.00 |
42.98 |
1 719.30 |
5 000.00 |
41.31 |
2 065.49 |
6 000.00 |
40.00 |
2 399.95 |
7 410.00 |
38.57 |
2 857.99 |
8 099.00 |
38.00 |
3 077.62 |
10 000.00 |
30.78 |
3 077.62 |
Approximate benefits payable on weekly basis
Income |
IRR = |
UI Benefit |
34.62 |
58.64 |
20.30 |
69.23 |
57.39 |
39.73 |
115.38 |
55.88 |
64.48 |
161.54 |
54.53 |
88.08 |
230.77 |
52.74 |
121.70 |
346.15 |
50.25 |
173.95 |
461.54 |
48.24 |
222.66 |
692.3 1 |
45.19 |
312.86 |
709.75 |
45.00 |
319.39 |
923.08 |
42.98 |
396.76 |
1 153.85 |
41.31 |
476.65 |
1 384.62 |
40.00 |
553.83 |
1 710.00 |
38.57 |
659.54 |
1 869.00 |
38.00 |
710.22 |
2 307.69 |
30.78 |
710.22 |
Approximate benefits payable on daily basis
Income |
IRR = |
UI Benefit |
4.93 |
58.64 |
2.89 |
9.86 |
57.39 |
5.66 |
16.44 |
55.88 |
9.19 |
23.01 |
54.53 |
12.55 |
32.88 |
52.74 |
17.34 |
49.32 |
50.25 |
24.78 |
65.75 |
48.24 |
31.72 |
98.63 |
45.19 |
44.57 |
101.11 |
45.00 |
45.50 |
131.51 |
42.98 |
56.52 |
164.38 |
41.31 |
67.91 |
197.26 |
40.00 |
78.90 |
243.62 |
38.57 |
93.96 |
266.27 |
38.00 |
101.18 |
328.77 |
30.78 |
101.18 |
The UI benefits payable in the tables will be paid for the duration of benefit days that have been accrued by a contributor.