Compensation for Occupational Injuries and Diseases Act, 1993 (Act No. 130 of 1993)NoticesMaximum amount of Earnings and Minimum Assessment on which the Assessment of an Employer shall be calculatedNotice 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. |
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Mr T W Nxesi, MP
Minister of Employment and Labour
Date: 20/03/2024