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Compensation for Occupational Injuries and Diseases Act, 1993 (Act No. 130 of 1993)

Notices

Maximum amount of Earnings and Minimum Assessment on which the Assessment of an Employer shall be calculated

Notice No. 2390 of 2024

 

Notice No. 2390

27 March 2024

GG 50386

 

Department of Employment and Labour

 

I THEMBELANI WALTERMADE NXESI, Minister of Employment and Labour in terms of Section 83(8) and Section 83(2)(b) of the Compensation for Occupational Injuries and Diseases Act, 1993 (Act No. 130 of 1993), hereby prescribe:

 

(a) The amount of R597 328 per employee per annum as the maximum amount of earnings on which an assessment of an employer shall be calculated; this amount being effective from 1st March 2024.

 

(b) A Minimum Assessment of R1 530 for employers with effect from 1st March 2024.

 

(c) A Minimum Assessment of R528 for domestic employers with effect from 1st March 2024.

 

 

_________________________________

Mr T W Nxesi, MP

Minister of Employment and Labour

Date: 20/03/2024