SASSA Increased Grants 1 October 2024
To accommodate the exceeding number of beneficiaries this year, SASSA increased grants 1 October 2024. Finance Minister Enoch Godongwana confirmed during the National Treasury Budget 2024 event that SASSA payments have been raised, benefiting all recipients of social grant programs, including children, people with disabilities, and the elderly.
SASSA Increased Grants 1 October 2024
SASSA Grants Increased 1 October 2024 has announced increased grant payments for 2024 to keep up with inflation. In July 2024, increased payments will be paid to social grant recipients, including the Social Relief of Distress (SRD), also known as the SASSA R370 grant, which has been extended to 2025 for continuous support.
In Cape Town, the expanded Budget 2024 review from the National Treasury explained that social grant expenditure will increase from R217.1 billion in 2024 to R259.3 billion in 2026 and 2027. During the Budget Speech, Finance Minister Enoch Godongwana stated.
- “We have plans to increase SASSA payments to meet the cost of living for over 27 million South Africans who rely on social grants. In this purpose, we have done as much as the fiscal envelope allows” Finance Minister said.
- President Matamela Cyril Ramaphosa also kept his promise from his recent SONA speech, that “SASSA R350 increased in 2024 with a permamanent increment of R370 payments”
The South African government make SASSA increased the grant payment amount by R90 for the old age, war veterans, disability, and care dependency grants. This amount is effective from October 2024 and will increase to an additional R10 in increment. Other grants have also been adjusted, the foster care grant for foster children increased by R50, and the child support grant increased by R20.
You can find details on SASSA payment increments for financial year 2024 in the table below.
SASSA Grant Payments Increased 1 October 2024
Grant Type | October Payment Amount |
---|---|
Older Persons Grant (Old Age Pension) | SASSA Increased Grants 1 October 2024 |
– Below 75 years old age person | R2,180 payment October 2024 |
– Over 75 years old age person | R2,200 payment October 2024 |
War Veterans Grant | R2,200 payment October 2024 |
Disability Grant | R2,180 payment October 2024 |
Care Dependency Grant | R2,180 payment October 2024 |
Foster Child Grant | R1,180 payment October 2024 |
Child Support Grant | R530 payment October 2024 |
– With Top Up Funds | R760 payment October 2024 |
SASSA Grant in Aid | R510 payment October 2024 |
Social Relief of Distress SRD Grant | R350 payment increased to R370 |
The increase in SASSA grants is facilitated by the expanded budget of the National Treasury for 2024, projected to rise from R217.1 billion to R259.3 billion by 2026, as reported by the Finance Minister. This budget expansion underscores the growing need for financial assistance, with the number of SASSA R350 applications expected to increase significantly.
How can I increase my sassa child support grant online