UIF Calculator

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If you wish to calculate online, click below to
go to uifcalculator.co.za
How are the UIF Benefits Calculated?

• Now, let us address the question of how are these
  benefits through UIF connected. Well, it is
  pretty simple once you understand the principle.
  So, let us dive in and learn.
• First, the UIF calculates your average salary for
  the previous six months. Do note that this is
  before you claim the UIF benefits. The base value
  at which UIF benefits are capped is around
  R17,712. You can calculate your average monthly
  salary using this formula Average Monthly Salary
  x 6 months / 6 months.
• After this, they will calculate your daily
  remuneration. You can get this value by
  multiplying the average salary of the previous
  twelve months and dividing it by 356 (the number
  of days in one year). You can calculate your
  daily earnings using this formula Average
  Monthly salary x 12 months / 365 days.
• The daily remuneration number is critical to the
  Income Replacement Rate formula. It helps you
  determine the percentage of daily benefits you
  should be awarded.
• Simply put, IRR is the number of benefits you are
  eligible for on a daily basis. According to the
  UIF chart, the minimum IRR is around 38 whereas
  the maximum IRR value is 60. The formula to
  calculate IRR is 29.2 (7173.92 / 239.92 Daily
  Remuneration).
• Finally, you can calculate your UIF benefits
  using this formula IRR X Daily Income.

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• Your total UIF benefit amount includes your daily
  benefits multiplied by the available credit days.
  Now, what are credit days? They are counted every
  four days, as you are a contributor after every
  four days and you receive one days salary.