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TERS Benefit: Phase 2 National Disaster Payment Excel Template

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Summary

TERS Benefit: Phase 2 National Disaster Payment Excel Template

Description

The Minster of Employment and Labour has extended the TERS benefit from 16 October 2020 to 15 March 2021. Please click here to view the new Direction.

The Fund has created a new template (see attached) with one change to column O (Remuneration for Work Done or Work To Be Done from 16 October 2020 to 31.12.2020). Therefore, the employer must complete 2.5 month’s remuneration for the application period of 16 October to 2020 31 December 2020. Employers are reminded that advances, ex gratia payments, or income related to annual or other leave, should be excluded from this value.

Resolution

Click here to download the latest Ters natural disaster payment excel template