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R350 Grant Payments Commence For February

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SASSA Grant Payment Dates For March 2024

R350 Grant Payments Commence For February. In February 2024, over 8 million individuals are set to receive a R350 grant payment. The South African Social Security Agency (Sassa) has initiated the disbursement of Social Relief of Distress (SRD) grants for this month.

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Payment Details

Sassa has commenced processing grant payments from 23 February 2024 to 29 February 2024. After processing, recipients can expect the funds to reflect in their accounts within 2 to 3 working days.

Payment Options

Recipients have the option to receive their payments directly into their bank accounts for immediate access. Those without personal bank accounts can choose the Cash Send payment option, requiring only their ID number and phone number for collection, along with proof of identification. Retail establishments such as Pick n Pay, Checkers, Shoprite, and Boxer facilitate SRD grant payments for beneficiaries who prefer personal collection.

Extension of the Grant

During the 2024 State of The Nation Address (SONA), President Cyril Ramaphosa announced the extension of the SRD grant until March 2025. However, there has been no increase in the grant amount despite hopes for one. Finance Minister Enoch Godongwana stated during the 2024 Budget Speech that no increase would be made, citing fiscal constraints.

Conclusion

The SRD grant has received a budgetary allocation of R33.6 billion for 2024/25, with provisional allocations for 2025/26 and 2026/27. This indicates the potential extension of the grant until March 2027, subject to government decisions and fiscal conditions

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SASSA News

SASSA Confirms 2024 Grant Values

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SASSA Confirms 2024 Grant Values

SASSA Confirms 2024 Grant Values. South Africa social security system supports over 18 million permanent grant beneficiaries, along with 8 million individuals benefiting from the Social Relief of Distress (SRD) grant. In April 2024, the values of these grants are set to change, impacting millions across the country.

Check Also: ZA Student Portal

SASSA Grant Increases

The South African Social Security Agency (Sassa) has officially confirmed the grant values for 2024. These values will vary throughout the year due to scheduled increases. Sassa administers various permanent grants designed to assist financially vulnerable individuals, including:

  • Older Persons pension grant
  • Disability grant
  • War Veterans grant
  • Care Dependency grant
  • Foster Child grant
  • Child Support grant
  • Child Support grant Top-Up
  • Grant-in-aid

Grant Values 2024

SASSA has announced the maximum grant values for April 2024 and October 2024. While some grants have already seen increases in April 2024, three grants are scheduled for further increments in October 2024.

In February 2024, Finance Minister Enoch Godongwana revealed the 2024 Sassa grant increases during his Budget Speech. These increases have now been confirmed by the Minister of Social Development, in concurrence with the Minister of Finance, as per the Social Assistance Act 2004 (Act No. 13 of 2004) as amended.

Updated Grant Values

Here are the updated grant values for 2024:

Grant April 2024 Payment October 2024 Payment
Older Persons Grant R2,180 R2,190
Older Persons Grant (75+) R2,180+R20 R2,190+R20
War Veterans (incl. Add. Pay) R2,180+R20 R2,190+R20
Disability Grant R2,180 R2,190
Foster Child Grant R2,180 R2,190
Child Support Grant R530 R530
Child Support Grant (Top-Up) R530 + R260 R530 + R270
Grant In Aid R530 R530

These increases will take effect on 1 April 2024 and 1 October 2024 respectively.

SRD Grant Increase

The SRD grant, commonly known as the R350 grant, has also been increased. Minister Godongwana announced the increase on Wednesday, 13 March 2024. Beneficiaries will see their grant rise from R350 to R370 starting 1 April 2024, an increase of R20 or 5.7%. This adjustment is aimed at fulfilling the fundamental rights of vulnerable adults in South Africa.

Conclusion

The adjustments to grant values for 2024 represent a proactive step by Sassa and the government to mitigate economic hardship and ensure the welfare of millions of beneficiaries. These measures not only reflect a commitment to social justice but also embody a collective endeavor to foster a more inclusive and equitable society in South Africa.

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