COID Registration Process and Requirements
To apply for COID registration, you’ll need: Registered Company, Certified ID copy, Tax Clearance Certificate, Tax returns. All employers with one or more workers must register for COID to protect themselves. If submitted manually to their Pretoria office, you usually can get your registration number within 2-3 weeks.
Compensation for Occupational Injury and Diseases Act
COIDA provides compulsory compensation for employees for specific occupational diseases contracted due to exposure in the work environment as well as death or injury suffered in the course of employment. COIDA pays compensation to various types of workers who lose income from work injuries or diseases.
Claiming Compensation under COIDA
There are three main events to claim compensation under COIDA: a work accident injury; contracting a work disease; or death from a work injury or disease. The maximum annual earnings for claims are R355,752. Minimum monthly pensions are R1500 for pensioners, R1245 for spouses, and R623 for a child.