Breakdown Of The Sassa Grant Increases
Breakdown Of The Sassa Grant Increases
Here’s A Breakdown Of The Upcoming Sassa Grant Increases
According to the South African Government News Agency, social grants are set to increase during 2023.
Finance Minister Enoch Godongwana announced the increases as follows:
- Care dependency grants: increased to R2085
- Child support grants: increased to R505
- Disability grants: increased to R2085
- Foster care grant: increased to R1125
- Grant-in-aid: increased to R505
- Old age grant: increased to R2085
- Old age grant (over 75) increased to: increased to R2105
- War veterans grant: increased to R2105
Grant Type | Current amount received by beneficiaries | Increase from 1 April 2023 | Grant payment received by beneficiary from April 2023 | Amount increase from 1 October 2023 | Grant payment received by beneficiaries from 1 October 2023 |
Old Age Grant (below 75 years old) | R1,990 | +R90 | R2080 | +R10 | R2090 |
Old Age Grant (above 75 years old) | R2,010 | +R90 | R2100 | +10 | R2110 |
War Veterans Grant | R2,010 | +R90 | R2100 | +10 | R2110 |
Disability Grant | R1,990 | +R90 | R2080 | +R10 | R2090 |
Foster Child Grant | R1070 | +R50 | R1120 | +R10 | R1130 |
Care Dependency Grant | R1,990 | +R90 | R2080 | +R10 | R2090 |
Child Support Grant | R480 | +R20 | R500 | +R10 | R510 |
Child Support Grant Top-Up | R240 | +R10 | R250 | 0 | R250 |
Grant in Aid | R480 | +R20 | R500 | +R10 | R510 |
These grant increases were announced by Finance Minister Enoch Godongwana during the Budget Speech in February. Godongwana revealed that spending on child support grants and old age grants received the largest proportion of government spending. This is as the state anticipates the growth of beneficiaries over the next three years.
“The child support grant and old age grant together account for about 70% of total grant expenditure over the MTEF period. These two grants will be provided to a total of 17.5 million beneficiaries in 2023/24. Social grants will increase in line with inflation over the medium term.
“Expenditure on social grants will increase from R233 billion in 2022/23 to R248.4 billion in 2025/26 due to increases in the number of recipients and the value of the grants.
“Excluding the COVID-19 social relief of distress grant, social grant coverage is expected to increase from about 18.6 million beneficiaries in March 2023 to 19.6 million beneficiaries by March 2026,” the department said. – SAnews.gov.za