SASSA social grants post 2024 budget

Here’s what SASSA social grants post 2024 budget will payout. Image: File/Fotor

ADJUSTED: SASSA social grants post 2024 budget speech

Here’s what SASSA social grants post 2024 budget speech will payout, with increases to the following important disbursements …

SASSA social grants post 2024 budget

Here’s what SASSA social grants post 2024 budget will payout. Image: File/Fotor

While not as radical as many in civil society anticipated, SASSA social grants post 2024 budget will payout the following. SASSA old age, war veterans, disability and care dependency grants will increase by R90 this April. And again by R10 from October 2024.

TRENDING: UPDATED: Latest on old-age pension grants March 2024

These were announced by Finance Minister Enoch Godongwana in yesterday’s (21 February) budget speech. Accordingly, the South African Social Security Agency older persons grant goes up by R100 in 2024. As reported by GroundUp, SASSA old-age pensioners will rise by R90 in April 2024, and again by R10 from October 2024.

SASSA SOCIAL GRANTS POST 2024 BUDGET

GrantCurrentApril 2024October 2024IncreaseNo. of Beneficiaries
Old Age (60 years)R2 090R2 180R2 190R100 (4.8%)
Old Age (75 years)R2 110R2 200R2 210R100 (4.7%)3 999 326 (total)
Foster CareR1 130R1 180R50 (4.4%)222 317
Child Support R510R530 R20 (3.9%)13 067 314
DisabilityR2 090 R2 180R2 190R100 (4.8%)1 065 838
Care DependencyR2 090R2 180R2 190R100 (4.8%)

MUST READ: Academics say March 2024 SASSA old-age pensions inadequate

ELECTION YEAR

SASSA social grants post 2024 budget speech
Timing for interim increases will put the African National Congress in a good light ahead of 29 May elections. Image: File

The timing of April increases to SASSA social grants post 2024 budget will suit the African National Congress (ANC). Timed ahead of the Wednesday 29 May elections, Godongwana insisted the interim increase was so grants kept pace with inflation. “We are sensitive to the increase in the cost of living for the nearly 19-million South Africans who rely on SASSA grants,” said Godongwana.

ALSO READ: Necessary SASSA info for old-age grant recipients February 2024

Interestingly, despite President Ramaphosa’s SONA claims of an improved SRD grant, government aims to wind-down Covid-19 Social Relief of Distress in 2025. In ceasing the R350 monthly disbursement, the total social welfare budget will drop to R248 billion. “This termination will see a reduction in the total number of grant recipients from 27.8 million in 2023/24, to 19.7 million in 2026/27,” concluded the minister.

NEXT READ: Big news for Sassa beneficiaries: R350 grant will be improved – Ramaphosa

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