What is the meaning of UIF?

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Apr 24

UIF stands for Unemployment Insurance Fund. It is a fund set up by the government to provide short-term financial assistance to workers who have lost their jobs or are unable to work due to illness, maternity, or adoption. Employers and employees contribute to the fund through monthly contributions, which are used to provide benefits to eligible individuals.

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Apr 24

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What is the meaning of UIF?

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