How Much Is The Old Age Grant In South Africa

How Much Is The Old Age Grant In South Africa

South Africa has a growing population of older citizens who require financial support, and the old age grant is one such form of support. The old age grant is a monthly payment made to citizens aged 60 and above who do not have access to any other form of income. In this article, we will take a closer look at the old age grant in South Africa, including how much it is worth.

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Table
  1. Who is eligible for the old age grant?
  2. How much is the old age grant?
  3. What other benefits do old age grant recipients receive?
  4. Conclusion

Who is eligible for the old age grant?

To qualify for the old age grant, an individual must meet the following criteria:

  • Must be a South African citizen
  • Must be aged 60 or above
  • Must not be receiving any other form of income, including from a pension
  • Must not be cared for in a state-funded or subsidized institution
  • Must not be the recipient of a similar grant from another country

If an individual meets these criteria, they may apply for the old age grant. Applications can be made at any South African Social Security Agency (SASSA) office, and those who are successful will receive a monthly payment.

How much is the old age grant?

As of April 2021, the old age grant payment amount is R1,890.00 per month. This payment is adjusted every year in accordance with the Consumer Price Index. Payments are usually made on the first day of each month, although this can vary depending on weekends and public holidays.

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What other benefits do old age grant recipients receive?

Aside from the monthly payment, old age grant recipients in South Africa are entitled to a number of additional benefits. These include:

  • A free SASSA card, which provides discounts on certain goods and services
  • A 100% rebate on municipal rates and services
  • Free public transport during certain times of the day
  • Free basic healthcare services
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Conclusion

The old age grant is an important form of financial support for older citizens in South Africa who do not have access to any other form of income. While the payment amount may not be substantial, it can still make a significant difference in helping to cover the cost of living expenses. If you or someone you know is eligible for the old age grant, it is important to apply and take advantage of the additional benefits that come along with it.

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