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Minimum Assessment for COIDA Adjusted

March 29, 2021

Department of Employment and Labour

The minimum assessment in terms of the Compensation for Occupational Injuries and Diseases Act has been adjusted.

The employment and labour department announced the increase in Government Gazette 44331.

The revenue of the Compensation Fund consists mainly of annual assessments paid by registered employers on a basis of a percentage or fixed rate of the annual earnings of their employees.

The minimum assessment ensures that the assessment is not less than the administration costs.

The department also announced the withdrawal of the implementation of Section 85 (1) on reductions with effect 1 March 2021 until further notice.

Section 85 (1) allowed for a variation in the tariff of assessment based on an employer taking steps to prevent accidents as compared to employers in like businesses.

Section 78 on medical aid provided by employers has been withdrawn with effect 1 March 2021 until further notice.

Forms published in terms of the act include:

• Gazette 44329 – CF-2B Application for the Revision of the Assessment Form – application for the revision of the assessment by employers must be submitted within 60 days of the invoice date in terms of Section 83 of the act;
• Gazette 44330 – revised return of earnings form.