Department of Labour – TERS
The Department of Labour has recognised that the manner in which they have been paying out the benefit for TERS is at odds with the intention originally.
The FAQ issued today clarifies that an employee is entitled to their full benefit (in terms of the calculation as a percentage of salary of between 60% and 38% of salary up to a maximum benefit of R R6 638.40).
All those companies who have paid their employees less than their normal salary can now submit claims. Those who did submit and were rejected will automatically be reassessed and payment will be made to the employer.
The calculation which applies to this is Scenario 2 in the pamphlet COVID 19 FAQ.