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Starting June 10, 2025, the South African Social Security Agency (SASSA) will roll out new rules for pension grant recipients. The most significant change involves mandatory document revalidation for all elderly beneficiaries. If not completed by the regional deadlines, monthly pension payments may be delayed, frozen, or deactivated. These measures aim to eliminate fraud and ensure that only qualified seniors receive … Read more
The South African Social Security Agency (SASSA) has officially confirmed a R4,500 payout for over 7.8 million seniors this June 2025, including associated Disability Allowance (DA) payments. This financial boost is part of the government’s ongoing effort to support elderly citizens amidst rising living costs and inflation. This payout marks a significant increase from previous … Read more
In recent weeks, there has been widespread misinformation circulating on social media, claiming that the South African Social Security Agency (Sassa) will pay double social grants to recipients in June. Sassa has swiftly responded, calling these reports completely false and urging beneficiaries not to fall for such rumors. False Claims of Double Payments According to … Read more
Starting on May 25, 2025, South African banks will raise the ATM withdrawal fees, adding more pressure to household finances that are already tight. This increase is expected to affect pensioners and fixed-income individuals the most, as they often rely on cash withdrawals for their daily expenses. This change has drawn concerns from social grant … Read more
South Africa is undergoing a significant policy shift as the government officially confirms changes to the national retirement age, set to be implemented from May 30, 2025. The update comes in response to changing demographics, increased life expectancy, and economic sustainability concerns. This long-anticipated retirement overhaul affects both public and private sector employees and introduces … Read more
