Updated on January 25, 2024
Explore the Details of Child Grant Boost 2024: When SASSA Plans to Increase Child Grant in 2024? All You Need to Know. The South African Social Security Agency provides financial assistance benefits to citizens, including child grants for low-income households with children under 18. In 2024, authorities have increased child grants. For more information on the Child Grant Boost 2024, details on new grants, and more, continue reading this article.
Child Grant Boost 2024
In 2024, there will be an increase in child grant payments by SASSA. Established in 2005 by the Federal Government, the South African Social Security Agency (SASSA) manages the distribution of social grants on behalf of the Social Development Department. SASSA’s primary role is to combat corruption and enhance service delivery in the social security system.
The Federal South African Government will provide child support to lower-income families, offering additional assistance to support their children. In 2023, SASSA provided child grants amounting to R500. However, starting from 2024, the Child Grant Boost will increase to R510 for each eligible family. These grants aim to assist families with the rising cost of living due to inflation and other relevant factors.
When SASSA Will Boost Child Grant in 2024?
The South African Social Security Agency is set to increase the child grant to ensure the financial well-being of children in lower-income households. In 2024, a total assistance of R66 billion is allocated, with R36 billion set to be disbursed by March 31, 2024. The Child Grant Boost is anticipated to be a 5.6% increase from its previous payment, reaching R510 starting from January 2024.
The Child Grant Boost for 2024 will be implemented from January 2024. Eligible recipients entitled to receive the child grant as a Social Security benefit will start receiving their monthly assistance from January 5, 2024. The Federal Government has introduced this boost in response to economic conditions, aiming to provide more substantial support to the beneficiaries. The Child Grant Boost is expected to have a direct and positive impact on the financial well-being of the recipients.
Eligibility of Child Grant 2024
To qualify for the Child Grant Boost 2024, individuals must meet specific eligibility criteria based on their age, income, and other factors. To be eligible:
- The individual must be a South African citizen.
- The individual should not be receiving any other SASSA social security grants.
- The individual household income must be below R86,280 for a single person or R172,560 for a couple.
- The child must be under the age of 18.
- The household must have a permanent resident.
These federal eligibility criteria for Child Grants are designed to ensure that those in need receive adequate support. In 2024, the federal authorities are introducing the Child Grant Boost to provide a more substantial amount in response to the impact of rising inflation. Beneficiaries will receive their social security grants through direct deposits into their bank accounts. The household income thresholds vary based on the household composition, with a single individual with a child required to have a household income below R86,280, and a couple with a child required to have a household income below R172,560.
All We Know
The Child Grants are federal assistance benefits that provide monthly financial aid payments to eligible recipients. These grants are designed to assist lower-income households by offering additional financial support to help meet the costs of living, particularly for supporting their children with necessary expenses.
In 2024, SASSA is set to boost social security assistance, aiming to provide a more substantial amount to meet the rising cost of living and inflation. All eligible beneficiaries will experience an increase in their social security benefits, and recipients of child grants will receive a R10 Child Grant Boost compared to the previous payment. This boost is intended to provide additional financial support to those in need.