sassa grant for old age 2023-2024
sassa grant for old age 2023-2024
The South African Social Security Agency (SASSA) offers a social grant for old age to eligible South African citizens or permanent residents who are 60 years or older. The grant is designed to provide financial assistance to elderly individuals who are no longer able to work and do not have adequate financial resources to support themselves.
- The old age grant is a monthly payment that is made to eligible beneficiaries via electronic funds transfer to their bank account. The amount of the grant is adjusted annually in line with inflation and other economic factors.
- To be eligible for the old age grant, individuals must meet certain criteria, including being a South African citizen or permanent resident, being 60 years or older, and not earning more than a certain income threshold. The income threshold is adjusted annually and is currently set at R87, 360 per year for individuals and R174, 720 per year for couples.
- Applicants for the old age grant must also provide proof of identity, such as an identity document or passport, as well as proof of residence and any other required documentation. SASSA officials will review the application and may conduct verification checks to confirm the information provided.
- Once the application has been approved, beneficiaries will receive the old age grant payment on a monthly basis. Beneficiaries can use the payment to cover their daily living expenses, such as food, housing, and medical expenses.
- In addition to the old age grant, SASSA also offers other social grants to eligible individuals, including disability grants, child support grants, and foster child grants. Each grant has its own set of eligibility criteria and payment amounts.
- It is important to note that the old age grant is not a pension or retirement fund, and beneficiaries may still need to supplement their income with other sources of financial support. SASSA offers various programs to assist beneficiaries with financial planning and other services.
- In conclusion, the SASSA old age grant provides important financial assistance to eligible elderly individuals in South Africa. The grant is designed to help support daily living expenses and provide a basic standard of living for those who are no longer able to work. Applicants should ensure that they meet the eligibility criteria and provide accurate information and documentation to avoid delays in the application process.
SOCIAL GRANTS
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Care Dependency Grant
Child Support Grant
Disability Grant
Foster Child Grant
Grant-In-Aid
Older Persons Grant
Social Relief of Distress
War Veterans Grant
Visit the SRD website at
- Email: srd@sassa.gov.za
- USSD: *134*7737#
RELATED LINKS
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