Tuesday, October 3, 2023

What supplements are there for unemployment benefits?

Meet Without work it can be very stressful. and therefore a challenge for employees There are various bonuses and benefits that unemployed people can access that meet the requirements.

What supplements are there for unemployment benefits?

Unemployment insurance:

Unemployment Fund Administrator (AFC) unemployment insurance is a benefit that protects all workers permanent contract, fixed-term or for work or services.

The requirements for taking out insurance are:

  • Unemployment, a condition that must be evidenced by the dismissal, the letter of dismissal, the letter of dismissal, the protocol of appearance before the labor inspection, a certificate from the labor inspection or, if applicable, a court order.
  • For a permanent employment contract or as a private home worker: Make at least 12 continuous or discontinuous contributions before the end of the employment relationship with one or more employers.
  • For a fixed-term contract, a specific work or service: 6 continuous or discontinuous offers with one or more employers.
  • The contribution payments are credited from the last period in which the insured person was entitled to the benefit or, if this is the first application, from the date of membership of the insurance until the month in which the employment relationship ends.

To withdraw your insurance money You have to enter that AFC Virtual Branch, log in and click where it says “Insurance debt collection”.

Unemployment benefit:

Unemployment benefits help employees who… You are not entitled to unemployment insurance. This advantage offers free medical help in healthcare offices and hospitals Family or maternity allowance for its approved fees and Death benefit which covers funeral costs in the event of the death of the beneficiary.

To access the Unemployment benefits You need to:

  • Have made at least 12 months (52 weeks) of continuous or interrupted contributions to a scheme affected pension scheme within the two years preceding the date of unemployment.
  • Register with the unemployment register of the municipality that corresponds to your place of residence.
  • Be registered in the unemployment register of the IPS or the compensation fund.
  • Loss of job for reasons beyond the control of the employee.
  • Signing of the employment contract before October 2, 2002 (if signed after this date, the dismissed employee may benefit from the AFC unemployment insurance).

Unemployment benefit must be applied for before the iPension institution corresponding to the sponsored employee (IPS or Compensation Fund), which is also responsible for the monthly additional payment from the date of application until the expiry of 360 days.

Compensation savings account:

The AFP Compensation Savings Account It is a Employers’ liability fund who has to pay a total of 4.11% of contributions monthly, divided into 3% for unemployment insurance and 1.11% for compensation in the event of any AFP events.

From this fund, the employee can withdraw the money that serves as compensation and thus provide evidence of the end of his employment contract or dismissal.

The amount of compensation corresponds to the contributions made during the working period (from the beginning to the end of the employment contract) plus the resulting profitability.

Employers must make this contribution during a a maximum of 11 years for each private home worker hired.

To collect the money saved You must contact the AFP Submission of documents proving the duration of the contract.

Solidarity unemployment fund:

The Solidarity Unemployment Fund is sent to the administrator of the Unemployment Fund Members whose unemployment account does not have sufficient funds if you lose your job. It can also be applied for if the employee’s unemployment insurance funds have been exhausted.

The requirements for receiving the benefit are:

  • Be unemployed at the time of application.
  • That the funds in the individual unemployment account are insufficient to finance a benefit in accordance with the amounts and percentages established by law.
  • In the 24 months before dismissal, have 12 contributions paid to the Solidarity Unemployment Fund (FCS), which must be paid before the end of the employment contract. Contributions are counted from the time of joining or the last insurance payment up to the month before the end of the employment relationship.
  • The last three contributions must be made continuously and with the same employer.
  • That the employment contract ends due to the expiry of the agreed term, due to the completion of the work or service that gave rise to the contract, a fortuitous event, force majeure, establishment or service.
  • Activate the account with the National Employment Exchange and accept the job and training opportunities that this platform offers.

Access to the Solidarity Unemployment Fund input HERE. You can also complete the process in person by going to a Unemployment Fund branch.

Nation World News Desk
Nation World News Deskhttps://nationworldnews.com/
Nation World News is the fastest emerging news website covering all the latest news, world’s top stories, science news entertainment sports cricket’s latest discoveries, new technology gadgets, politics news, and more.
Latest news
Related news