People 60 years of age or older are eligible to receive an older person’s award. The old age pension was the previous name for this payment.
How can you tell if you’re eligible?
You must: dwell in South Africa as a refugee, citizen, or permanent resident.
not be supported by a governmental institution or receive any other social assistance; not earn more than R86 280 (for single people) or R172 560 (for married people).
not possess assets valued at more than R2 455 200 if you are married or R1 227 600 if you are single.
What will you receive?
You can get a maximum of R1 980 every month. You will receive R2,000 if you are over 75 years old.
You’ll get paid in what way?
You will be paid the grant by the South African Social Security Agency (SASSA) via one of the following methods:
electronic deposit into your bank or Postbank account (the bank may charge you for the service) at a specific pay point on a specific day (e.g. old age home).
You can appoint a procurator at the SASSA office or grant someone power of attorney to collect the grant on your behalf if you are unable to do so yourself.
In South Africa, where can I find my previous pension?
Bring the following items to the South African Social Security Agency (SASSA) office that is closest to your residence.
Your identity document (ID), which has a 13-digit barcode.
Your marriage status must be proven (if applicable).
evidence of residency
A statement of your earnings or dividends (if any).
How much is the South African old age pension?
You can currently expect to get a maximum of R1 980 every month. You will receive R2,000 if you are older than 75 years. Every year, the national budget address or the start of Parliament include a statement of any adjustments to the grant amounts.