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The unemployment insurance fund (UIF) is simply a short-term relief that's given to employees when they're unemployed.

What is an unemployment insurance fund?

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The unemployment insurance fund is a short-term relief that's given to employees when they're unemployed. It is also given when they're unable to work due to maternity, adoption, illness, etc.

The unemployment insurance fund (UIF) is calculated as 2% of an employee's remuneration that is  split evenly between the employee and the employer,

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