MARCH 2024 – SOUTH AFRICA COMPENSATION FUND EARNINGS THRESHOLD It is important that employers note the following: Return of Earnings (ROE) maximum earnings threshold and minimum assessment amount In terms of Sections 83(2)(a) and 83(8) of the Compensation for Occupational Injuries and Diseases Act, the Minister of Employment and Labour has issued a notice to announce the following: The maximum earnings amount on actual earnings for the period 1 March 2023 to 29 February 2024 is R568 959. To view notice 2390 and the latest ROE form, follow the link. |
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