Pensioners to receive an increase in their social grants

2018-03-07 06:00
Social grants are to increase.PHOTO: Phindile Shozi

Social grants are to increase.PHOTO: Phindile Shozi

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IN the midst of the increases

announced during the Budget Speech last week, social-grant beneficiaries are to see a slight increase in the amount they receive from the government.

According to the speech by then Finance Minister Malusi Gigaba, the government has taken deliberate steps to adjust social-grant values above inflation to at least partially cover for the proposed increase in VAT.

Fever spoke to a pensioner from The Elders Voice SA, Reg Colegate, who seemed content with what the government is giving pensioners, taking into consideration the current state of the nation.

“ I am grateful for the extra money. I have no ill-feeling towards the minister as everyone knows the position of South Africa. We have about R57 billion that hasn’t been accounted for.”

Pensioners previously received R1 600 but will now receive R1 690 by April 1 and another R10

by October 1.

Gigaba said that an additional R2,6 billion has been added since the medium-term budget policy statement to social grants to enable these changes.

Grant recipients currently receive the following:

• old-age grant payment of R1 600 for pensioners over the age of 60, and R1 620 for those over 75;

• disability and care dependency grants of R1 600 a month;

• foster-care grants of R920 a month; and

• the child-support grant of R380 a month.

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