The Unemployment Insurance Fund will review the redundancy benefit application and make a decision on the granting of the redundancy benefit within two weeks of the receipt of the application and relevant documents.
The Unemployment Insurance Fund may extend the review period by two weeks if it has a good reason to do so. We will immediately notify the employer and the employee of the extension of the term and inform them of the reason for the extension.
Once the decision on the granting of the benefit has been made, we will deliver it to the employer and the employee either by unregistered letter or by electronic means within five calendar days of the date on which the decision was made. You can indicate how you would like to receive the decision in the application.
The benefit will be transferred to the employee's bank account no later than on the fifth calendar day after the date of making the decision.