Important Notice to all registered COIDA Employers – Letters of Goodstanding

IMPORTANT NOTICE TO ALL REGISTERED COIDA EMPLOYERS
LETTERS OF GOOD STANDING
Please be informed that with immediate effect, letters of good standing will be issued only to employers who meet the following criteria:
1.     Employer must be registered with the Fund as per section 80 of the COIDAct,
2.     Employer must have submitted all returns of earnings as per section 82 0f the COIDAct,
3.     Employer must be fully assessed as per section 83 of the COIDAct,
4.     Employer must have paid/ settled all outstanding debt as per section 86 of the COIDAct.
Employers that have not yet been assessed by the Compensation Fund will first be assessed, up to the current assessment year, and are expected to pay all assessments in order to meet the criteria set out above. This process will also assist the Fund in finalising all assessment backlogs.
Letters of good standing will also be issued on a month-to-month basis to employers that have entered into an instalment arrangement. (Refer to conditions on instalment settlements).

For effective and efficient service, employers are encouraged to make use of the online facility and register on the ROE Website (www.labour.gov.za)