Pension, child care and foster grants set to increase in 2019/20

Pension, child care and foster grants set to increase in 2019/20

The South African government plans to increase spending on social grants in 2019/2020. Finance Minister, Tito Mboweni, announced that the government allocated R567 billion for the payment of social grants.

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During his budget speech, Finance Minister Tito Mboweni has announced that the government has set aside R567 billion for social grant payments in 2019.

The social grants will be adjusted to be in line with inflation projections, as reported on by SowetanLIVE.

Old age grants for South Africans younger than 75 are expected to go from R1 695 a month to R1 780 - a rise of R85.

South Africans that are 75 and older will receive R1 800 compared to a previous amount of R1 715.

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Briefly.co.za gathered that by 2022 the old age grant will benefit 4 million South Africans.

Here's a look at how social grants will increase:

Child support

2018: R405

2019: R425

Disability Grant

2018: R1 695

2019: R1 780

Care Dependency Grant

2018: R1 695

2019: R1 780

READ ALSO: Eskom to recieve R26bn in support over 3 years but conditions apply

War Veterans Grant

2018: R1 715

2019: R1 800

Old Age Grant (younger than 75)

2018: R1 695

2019: R1 780

Old Age Grant (older than 75)

2018: R 1 715

2019: R1 800

Foster Care Grant

2018: R960

2019: R1 000

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Source: Briefly.co.za

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