Following the uncertainty of the General Elections, June 2024 SASSA Old-age pension grants are next payable this coming Tuesday 4 June 2024 . As the future of Mzansi hangs in the balance after the nation’s closest vote in 30 years, qualifying beneficiaries of June 2024 SASSA Old-age pension grants are encouraged to spend and save their money wisely. Don’t forget that recent 12.
8% electricity tariff hikes from Eskom have far outpaced inflation, and the South African Social Security Agency ‘s 4.8% grant increases earlier in the year. While it has dropped from over 6.
0% in recent weeks, food inflation data of everyday items has also been particularly volatile this year. Plus, as coalition governments with the ANC will undoubtedly form in the coming weeks, who knows what will happen to SASSA grants in the medium to long term. JUNE 2024 SASSA OLD-AGE PENSION GRANTS Considering all of the above, the outlook for our most vulnerable citizens is not ideal.
Beneficiaries effectively have less to spend on groceries and living expenses than they did last month, despite no change to June 2024 SASSA Old-age pension grants. Currently, old-age pensioners are paid R2 180 (over 60) and R2 200 (over 75). People with disabilities receive R2 180 .
These will increase again in October 2024 by a nominal R10 . However, studies by academics from the University of Cape Town believe this is nowhere near enough to satisfy the number of mouths beneficiaries are feeding. MORE THAN ONE MOUTH TO FEED .
