No, UIF (Unemployment Insurance Fund) money does not expire if it is not claimed. However, it’s important to note that you can only claim UIF benefits for a certain period of time after you become unemployed. If you wait too long to claim your benefits, you may not be eligible to receive them.
According to the current legislation, you must submit your UIF claim within six months of your last day of employment. If you wait longer than this to submit your claim, you may not be eligible to receive benefits for the period before you submitted your claim.
It’s also important to note that if you have not contributed to the UIF while you were employed, you will not be eligible to claim benefits, regardless of how long you have been unemployed.
If you have any questions or concerns about your UIF contributions or benefits, you can contact the Department of Labour directly for assistance.