The South African Social Security Agency (SASSA) provides financial assistance to eligible older citizens through the Old Age Pension. This grant used to be called the old age pension and provides monthly income support to South Africans aged 60 and above who meet the qualifying criteria.
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SASSA Old Age Pension Payout Dates
The SASSA Old Age Pension payout occurs on specific dates each month. For November 2023, the payout dates are:
- Disability Grant: 03/11/2023
- Older Individual Grant: 02/11/2023
- Children Grant: 06/11/2023
Beneficiaries must ensure their banking details are correct so that the grant amount is processed on time. The payout dates are subject to change based on decisions by SASSA officials.
SASSA Old Age Pension Scheme
The SASSA Old Age Pension Scheme aims to provide financial support to elderly citizens aged 60 and above who are unable to work due to health issues or other reasons. The scheme provides a monthly cash transfer to recipients’ bank accounts on the scheduled payout dates. This provides much-needed income stability for older South Africans.
SASSA Old Age Pension Amount
The SASSA old age pension amount is between R1900 to R2200 per month. This figure was recently increased from previous lower amounts. With proper budgeting and money management, recipients can cover their basic needs and living expenses through this grant amount.
Who Qualifies for SASSA Old Age Pension?
To qualify for the SASSA Old Age Pension, applicants must meet the following eligibility criteria:
- Be a South African citizen, permanent resident, or refugee
- Be aged 60 or above
- Not receive any other social grants for yourself
- Not live in a state institution
- Meet the income and asset thresholds
The income and asset thresholds are:
- Single applicants – Income less than R7190 per month, Assets less than R1,227,600
- Married applicants – Combined income less than R14,380 per month, Combined assets less than R2,455,200
Applicants may be required to undergo a means test to confirm eligibility. Those in old age homes or rehabilitation centers can also apply if they meet the criteria.
How to Apply for SASSA Old Age Pension
To apply for the SASSA Old Age Pension:
- Register and sign in on the SASSA website
- Complete the application form with your personal, contact, and banking details
- Upload copies of your ID, marriage certificate (if married), income/asset proofs, and other documents
- Double check all details entered are correct
- Read and agree to the Terms and Conditions
If unable to apply online, applicants can visit the nearest SASSA office for assistance with the application process. Proper documentation must be presented.
People Also Ask
Who qualify for sassa pension?
To qualify for sassa pension, you must be a South African aged 60 or above, not receive any other social grants, meet the income and asset thresholds, and not live in a state institution. Permanent residents and refugees can also qualify if they meet the eligibility criteria.
What are the qualifying criteria for sassa pension?
The main qualifying criteria are being a South African citizen/permanent resident/refugee aged 60+, not receiving other grants, meeting income and asset limits, and not living in a state institution. Applicants may undergo a means test to confirm eligibility.
Do I qualify for sassa pension?
To see if you qualify for sassa pension, you must be 60+ years old, a South African citizen/permanent resident/refugee, not earn over R7190 per month (or R14380 if married), not have assets over R1.2 million, and not be in a state institution or receive other grants.
What are the criteria for sassa pension?
The eligibility criteria for sassa pension are being 60+ years old, a South African citizen/permanent resident/refugee, having income below R7190 per month if single (or R14380 if married), assets below R1.2 million if single (R2.4 million if married), and not living in a state institution.
How much does sassa pay for pension?
SASSA pays between R1900 to R2200 every month for the old age pension. The exact amount depends on the applicant’s age and marital status. Those over 75 receive R2110 per month. The money is paid into recipients’ bank accounts or at designated pay points.
Summary:
The SASSA Old Age Pension provides monthly income support for eligible South African senior citizens. The qualifying criteria include age, citizenship/residency status, income and asset thresholds, and not receiving other grants or living in a state institution. Applicants must register and apply either online or through their nearest SASSA office to access this grant. Proper documentation must be presented to confirm eligibility.