Do you qualify for a SASSA old age grant?

Do you qualify for a SASSA old age grant

A state pension can be applied for if you are over 60, retired, and struggling financially. If you want to prove financial hardship, you will have to take a means test. Investing, renting, or receiving a private pension over a certain amount disqualifies you from claiming the grant. A state pension will not be available if your assets exceed a certain amount.

How much is the SASSA Old Age Grant?

The grant is currently R1 980 a month. For those over 75, an additional R20 is given for a total of R2000. There is an annual increase in the grant, but it is a minimal increase. An additional R10 increase has been announced by the government.

State pensions are one of the minimum requirements for Tafta accommodation.

You may enjoy reading SASSA Status Pending

How do I know if I qualify?

Pensions can be applied for if:
1. Currently living in South Africa as a South African citizen, permanent resident, or refugee.
2. You are at least 60 years old.
3. There is no other social grant that you receive for yourself.
4. Your home is not a state institution (such as an old age home or rehabilitation center). Our homes are all owned and managed by our organization, so this rule does not apply if you live in a Tafta Home.
5. According to the means test, you qualify.
It is pretty straightforward to meet the first four criteria. In terms of the means test, how do you know if you qualify?

Minimum income

The South African Social Security Agency (SASSA) determines if you are qualified for a social grant depending on your income and assets.

You cannot make more than R7 190 a month if you are single. It is mandatory for married couples to prove that their combined monthly income is less than R14 380. Old age grants are not available if you do not earn an income yourself, but your spouse earns R14 380 a month or more.

As part of your monthly income, you must include any income from dependent children (for example, part-time or piecework). You are also assessed based on your assets. Old age grants are not available to single people with assets worth more than R1 227 600. There is a limit of R2 455 200 on the combined assets of married couples.

Can I apply for a SASSA Grant if I am still working?

The answer is yes, provided that your monthly income is less than R7 190 and your assets are less than R1 227 600.

I own a house worth more than R1 million. Am I automatically ineligible for an old age grant because of this?

Property ownership must be declared if you own any. The means test, which is based on monthly income, will not be affected if you live in the property. When your home is valued at more than R2.45 million, things get a little more complicated. Rather than relying on the state for retirement funds, you can downsize, and use the remaining money to help fund your retirement.

How to apply

The application must be completed in the presence of an officer from the South African Social Security Agency (SASSA), or you may apply online at www.services.sassa.gov.za. The application is free of charge.

The following documents must be submitted:
1. Documents proving your identity and that of your spouse
2. Providing proof of marital status, e.g. Marriage certificate, spouse’s death certificate, divorce order
3. You must provide proof of your income, that of your spouse and children if you are married.
4. The value of any property you own, including any assets you own
5. If you have a private pension, please provide proof of it (if applicable).

It may be possible for a family member or friend to apply for a grant on your behalf if you don’t have access to the Internet or are too old/sick to go to the SASSA office to apply. To complete the necessary paperwork, they may visit you at home. Any unscrupulous individual who requests payment should be avoided, as there is no charge for applying.

Also, read How to Fix SASSA Declined Social Grant Application

How long does it take before I start receiving my payments?

Depending on your application, the process could take up to three months, but if you’re successful you’ll be paid as soon as it’s processed. Upon receiving your SASSA card, you can collect your payment from a post office, a bank, or another pay point (for instance, a supermarket or an old-age home). Alternatively, you can arrange to have the funds deposited into your bank account or Postbank account electronically.

No fees are incurred when you use your SASSA card to pay for goods or withdraw cash from tills in selected stores (such as Checkers) or any post office or ATM.

An explanation of why your application was refused will be sent to you if your application is denied. The decision can be appealed within 90 days if you feel it has been made in error.

The SASSA toll-free helpline can be reached at 0800 601 011 for more information about qualifying rules, payout dates, and district offices.

Also, read How To Track R350 Grant Appeals Under The New Rules

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