COIDA monthly pensions increased

pensions
19 Oct 2023

Monthly pensions in terms of the Compensation for Occupational Injuries and Diseases Act have been increased.

The employment and labour department announced the increase in Government Gazette 49458.

Monthly pensions increase by 7.5% with regard to accidents occurring before 31 March 2023 as well as occupational diseases diagnosed before 31 March 2023.

The increase came into effect on 1 April 2023.

Schedule 4 to the act on manner of calculating compensation has also been amended.

The amendments apply to accidents occurring from 1 April 2023 as well as occupational diseases diagnosed from 1 April 2023.

The minimum and maximum compensation came into effect on 1 April 2023.

Meanwhile, in a statement on South Africa’s labour market, the employment and labour minister, Thulas Nxesi, declared that the department was eager to see the finalisation of the Draft National Labour Migration Policy.

The minister expressed concern over the flood of immigrants that was “posing a number of problems in the labour market”.

The minister added that immigrants were now preferred for employment over South Africans because they offer “cheap labour, cannot fight for their rights and are subjected to slavery working conditions”.

In May 2023, the minister, during his department’s 2023/2024 budget vote speech in parliament, confirmed that the draft policy was before Nedlac for consideration.

The proposed policy was published for comment in 2022.

The draft policy is designed as a “rights-based, gender-sensitive development-oriented policy instrument” that will supplement South Africa’s international migration policy.

It emphasises that the absence of a streamlined labour migration policy framework will perpetuate a fragmented and inconsistent approach to labour migration; non-aligned institutional frameworks; irregular labour migration; lack of critical skills and the absence of a framework for supporting and channeling South Africans wanting to work abroad.

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(This article is provided for informational purposes only and not for the purpose of providing legal advice. For more information on the topic, please contact the author/s or the relevant provider.)
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