The Department received an allocation of R1.981 billion for the 2011/12 financial year. The transfers to departmental public entities are projected as follows: Productivity South Africa R34 059 000, Nedlac R23.915 million and Commission for Conciliation, Mediation and Arbitration (CCMA) R448.104 million, and Compensation Fund R9 605 000. The UIF is financed by a tax payable by both employers and employees at a rate of 1% of earnings, up to a threshold of R12 478 a month, hence the transfer from the Department is not indicated. However a total of R9.361 billion revenue was collected for the period ending January 2011. The Compensation Fund has collected a total of R6 252 703.