The Compensation Fund in a nutshell
[{“type”:”text”,”content”:”The focus of this piece is on the Compensation Fund. The acting compensation commissioner, dr Fazana Fakar, gazetted a notice under notice no 1723 of 2023, announcing the dates of submission of the application of employersu2019 contribution to the Compensation Fund. The deadline dates for the submissions are from 1 April 2023 until 31 May 2023. nnConsidering this, Agri SA has collaborated with Stephen Pietersen, founder of Work Accident Support and specialist in injury-on-duty claims, to advise on the steps that farmers need to take when declaring employeesu2019 annual wages and contributing to the Compensation Fund.nn#### BACKGROUNDnThe director general of the department of employment and labour (DEL) announced that employers had from 1 April to 31 May 2023 to submit their annual wage reconciliations electronically. This includes wages for labourers and working directors, and applies to wages paid from 1 March 2022 to 28 February 2023, as well as the estimated wages paid from 1 March 2023 to 29 February 2024.nn#### THE COMPENSATION LEVY FUNDnn**1. FARMING SUBCLASSES**nnIn terms of the Compensation for Occupational Injuries and Diseases Act (No. 130 of 1993), the farming industry has been divided into four subclasses namely:nn* Livestock farmingn* Forestryn* Mixed farmingn* Sugar and tea farmingnnEach is subject to a specific levy that must be paid to the DELu2019s Compensation Fund annually to cover workers against work accidents.”,”position”:0,”id”:”pAlEg6oVRfEP1WdM”}]