Up-to-date Safety News

COID Notice to claim unpaid merit rebates for qualifying employers

By Tinus Boshoff

 

Click here to download the notice and the list of employers that qualifies for the rebates . 

 

Employers who employ 1 or more part- or full-time employees must register with the Compensation Fund and pay annual assessment fees. Fees may increase or decrease according to an employer’s accident costs.

 

Employers with low costs may qualify for assessment fee rebates. Section 85 (3) of the COID Act refers to the matter; "If the accident record of an employer during a particular period is in the opinion of the Director-General more favourable than those of employers in comparable businesses, the Director-General may give such employer a rebate on any assessment paid or payable by him".

 

This means that the Compensation Commissioner may refund employers with a merit rebate if:

 

  • employers actively prevent accidents;

 

  • employers show favourable costs over a 3-year cycle; and

 

  • there are excess funds.

 

According to notice R.819 of 2015 (G.G.39177 - 08 September 2015); final notice is given to the listed qualifying employers to claim their 2001/2003 and 2004/2006 merit rebates by 31 January 2016.

 

An amount of R67 million in rebates is listed in the abovementioned notice.

 

To download the notice and the list of employers that qualifies for the rebates click here .

 

All merit rebate not claimed after 31 January 2016 will be transferred to the Compensation Fund Reserves.

 

For more information please contact Tinus Boshoff at [email protected] or (012) 666 8284 

 

Courses and Workshops

 

              

Managing Poor Performance/ Incapacity

10 February 2022 (09:00 - 12:00)

Interactive Online Course

POPIA: Protection of Personal Information Act

11 February 2022 (09:00 - 12:00)

Interactive Online Course

Workplace Discipline and Dismissal

18 February 2022 (09:00 - 16:00)

Interactive Online Course

Employment Equity Committee Training

18 February 2022 (09:00 - 16:00)

Interactive Online Course

Management and Leadership Skills

23, 24 & 25 February 2022 (08:30 - 16:00)

Interactive Online Course

The OHS Act and the Responsibilities of Management

24 February 2022 (08:30 – 16:00)

Interactive Online Course

Basic Labour Relations

25 February 2022 (09:00 - 16:00)

Interactive Online Course

Strategic Human Resources Management (HRM) and - Business Partnering

02, 03 & 04 March 2022 (08:30 - 16:00)

Interactive Online Course

Health and Safety Representative and Committee Training Course

03 March 2022 (08:30 - 16:00)

Interactive Online Course

Workshop Chairing Disciplinary Hearings

10 & 11 March 2022 (09:00 - 16:00)

Interactive Online Course

 

 Our Clients 

 

Android App On Google Play

Android App On Google Play