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social security grants

social security grants south africa
News

Significant Increment in Social Security Grants: A Ray of Hope for South Africans

by Kagiso Petersen
April 2, 2024

South Africans can rejoice as the government increases Social Security grants, including the SRD grant and oldage pensions, to provide muchneeded financial support. Applying for the SRD grant is easy, with disbursement scheduled for the last week of every month, starting from April 24th. Applicants for oldage pensions must pass an asset and means test, but the waiting period for approval may result in retroactive payment dating back to the time of application. These grants demonstrate the government’s commitment to building a fairer, more inclusive society and provide crucial support to millions, contributing to the creation of a more inclusive society where poverty and income disparity are not insuperable obstacles.

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