COIDA or Compensation Fund - Confirmation of Employer Form
4 May 2025
Return of Earnings Submission: What Employers Need to Know
The Compensation Fund has officially opened the Return of Earnings (ROE) submission period, and employers must act swiftly to ensure compliance. This year, a new requirement has been introduced—the Confirmation of Employer Form—which plays a crucial role in maintaining accurate employer records.
The Return of Earnings is a mandatory annual submission that employers must complete to remain in good standing with the Compensation Fund. It ensures that employees are covered in the event of workplace injuries or diseases. Failure to submit the ROE before the deadline can result in penalties, interest charges, and even legal consequences.
Introducing the Confirmation of Employer Form
To improve data accuracy and streamline employer records, the Compensation Fund now requires all employers to complete the Confirmation of Employer Form alongside their ROE submission. This form verifies essential details such as:
Employer registration information
Nature of business operations
Contact details of both the employer and any third-party consultants handling submissions
THE CONFIRMATION OF EMPLOYER FORM CAN BE DOWNLOADED HERE. You may also need to check your Industry Classification Code which can be found here or here.
Employers must ensure that all information provided is accurate and up to date, as incorrect or incomplete submissions may lead to processing delays or penalties.
Key Deadlines and Compliance
The ROE submission period runs from 1 May 2025 to 31 May 2025. Employers who fail to submit their ROE and Confirmation of Employer Form within this timeframe may face a 10% penalty fee for late submission. Additionally, non-compliance could result in incorrect assessments or legal action.
How to Submit Your ROE and Confirmation of Employer Form
Employers can complete their submissions online via the Compensation Fund’s portal. The process is straightforward:
Log in to the Compensation Fund’s online submission system.
Complete the Return of Earnings (ROE) form.
Fill out the Confirmation of Employer Form with accurate details.
Submit both forms before the deadline to avoid penalties.
The introduction of the Confirmation of Employer Form marks a significant step toward improving employer record accuracy. By submitting both the ROE and the new form on time, employers can ensure compliance, avoid penalties, and maintain their Letter of Good Standing.
If you're an employer, now is the time to act! Visit the Compensation Fund’s online portal to complete your submission before the deadline.
Confirmation of Employer Form
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