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SASSA Grants Increase October 2024: How Much? Rates & Dates for New Payments

SASSA Grants Increase October 2024: How Much? Rates & Dates for New Payments. The South African Social Security Agency (SASSA) is set to adjust the social assistance grants beginning October 2024. This revision aims to provide increased financial support to over 19 million beneficiaries amidst rising living costs due to inflation. This article delves into the details of the new payment rates and provides a schedule for the beneficiaries.

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SASSA Grants Increase October 2024

The adjustments in the SASSA grants are part of the government’s broader strategy to offer relief to the vulnerable sectors of society, including the elderly, disabled, and low-income families with children. These changes are vital in maintaining the well-being of these groups in the face of economic pressures.

Detailed Breakdown of New SASSA Grant Amounts

Below is the table detailing the updated grant amounts, reflecting the government’s commitment to support its citizens:

Grant Type	Current Amount (R)	New Amount (R)	Increase
Older Persons Grant (<75)	2,180	2,190	+10
Older Persons Grant (75+)	2,200	2,210	+10
Disability Grant	2,180	2,190	+10
Care Dependency Grant	2,180	2,190	+10
Child Support Grant	530	530	0
Foster Child Grant	1,180	1,180	0
Grant-in-Aid	530	530	0
SRD R370 Grant	370	370	0

SASSA Payment Schedule for October 2024

To ensure clarity and help beneficiaries plan accordingly, SASSA has also released the payment schedule for the adjusted grants. Here is how the payments will be rolled out in October 2024:

Grant Type	Payment Date
Older Persons Grants	Wednesday, October 2, 2024
Disability Grants	Thursday, October 3, 2024
War Veterans Grants	Thursday, October 3, 2024
Child Support Grants	Friday, October 4, 2024
Foster Child Grants	Friday, October 4, 2024
Care Dependency Grants	Friday, October 4, 2024
Grant-in-Aid	Friday, October 4, 2024
SRD R370 Grants	From October 5, 2024

Fact Check and Verification

It’s imperative for grant recipients to verify all details regarding the new payment schedules and rates through official sources or financial advisors. Misinformation can lead to potential mishaps in receiving these crucial funds.

Conclusion

As SASSA introduces these adjustments to their grants in October 2024, it’s essential for all stakeholders to stay informed and prepare for the changes. The increased grant amounts are expected to provide some relief against the inflationary pressures affecting essential goods and services. For the most accurate and updated information, always refer to the official SASSA website or consult professional financial advisors.