Does SASSA money expire if not withdrawn? 2023-2024

Does SASSA money expire if not withdrawn? 2023-2024

If you are a beneficiary of a social grant through SASSA (the South African Social Security Agency), you may be wondering whether your grant money will expire if it is not withdrawn within a certain period of time. The answer to this question depends on a few different factors.

• Firstly, it's important to note that different types of social grants have different rules and regulations when it comes to the expiration of unclaimed funds. For example, the Child Support Grant is valid for a period of 3 months, while the Old Age Grant and Disability Grant are valid for a period of 12 months.
• If you are a beneficiary of a social grant and have not withdrawn your funds within the allotted time period, your money may be considered “unclaimed” or “lapsed”. In some cases, this money may be returned to the National Treasury or used to fund other social grant programs.
• However, it's important to note that SASSA does make an effort to reach out to beneficiaries who have not claimed their funds within the allotted time period. This may involve sending notifications or reminders through SMS, phone calls, or other forms of communication.
• If you are unable to withdraw your grant money within the allotted time period due to unforeseen circumstances (such as illness or hospitalization), it may be possible to request an extension. However, these requests are considered on a case-by-case basis and must be supported by appropriate documentation.
• Overall, it's important to stay informed about the rules and regulations surrounding social grants in South Africa, including the expiration of unclaimed funds. If you have any questions or concerns about your social grant benefits, you can contact SASSA directly for assistance.

SOCIAL GRANTS

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