Apply to the Compensation Fund (COID) and count on federal help at a delicate moment in the life of every worker.

Meet the federal pension that can be for life and offers up to 75% of your current salary. Below, find out everything you need to understand about this subject!

In South Africa, all employees can apply for Compensation Fund (COID). In effect, this includes full-time and part-time permanent and temporary employees.

However, independent contractors, freelancers, and freelancers are not covered by COID. Indeed, these are not considered employees.

Employers are responsible for registering their employees with the COID. Also, employees are required by law to make required contribution payments to COID.

Members of the South African National Defense Force and the South African Police Service are not covered by COID. These have compensation schemes.

The worker can resort to COID if the injury or illness arises during work. Those who are injured or ill must quickly report it to their employer.

To apply for COID, you need the following documents:

Finally, COID may require additional information or documentation to process an order.

To apply for Compensation Fund (COID), after gathering the above documentation, follow these steps!

You can file a complaint with COID by completing the COID 3 form. Indeed, this is available on the COID website. You will need to provide details about the injury or illness.

Be sure to inform the date, time, and place of the incident and the medical treatment received.

Along with the COID 3 form, you must submit the necessary documents. In fact, the list of those is in the topic above.

COID will investigate your complaint and may request additional information or documentation.

The worker will be notified in writing when COID agents review your application.

You will receive COID compensation, including medical expenses, loss of income, and other benefits in case of an approved application.

You can appeal the decision within 90 days of receiving the notification in case of denial of the request.

Monthly payments of up to R2,040! Learn more about one of the most pensions offered by the federal government. Also, know who can receive it!