SA

How to apply for the Old Age Pension?

Are you looking for ways to get the money you need to age better after age 60? If so, you can learn how to apply for the Old Age Pension!

Old Age Pension application: Find out how to qualify!

See if you qualify for the Old Age Pension. Source: The Mister Finance.
See if you qualify for the Old Age Pension. Source: The Mister Finance.

As South Africans, we are all familiar with the problem of financial stress caused by dwindling pensions and other income in old age. However, you can learn how to apply for the Old Age Pension!

card

Social Benefit

Old Age Pension

live better easy to apply

With this government benefit, you’ll get the help you need if you’re 60 yo or older.

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Moreover, there is always a need to supplement this income, yet knowing how or where you can get it can be difficult.

Fortunately, there are government-provided Old Age Pensions available for those that qualify.

So, if you’re an elderly South African in need but haven’t yet applied for such a pension, now could be the perfect time to find out if you might be able to qualify.

Also, in this blog post, we’ll take a look at what the Old Age Pension involves and provide some tips on applying.

This way, you’ll be able to potentially receive additional funds, which will make your life easier during these later years! Read on to learn how to apply for the Old Age Pension!

Application Process for the Old Age Pension

This social benefit will improve your life quality. Source: Canva.
This social benefit will improve your life quality. Source: Canva.

To apply for this government program, you’ll need to go to the nearest office from the SASSA. Then, you’ll need to provide all your personal information, including your income.

Plus, you’ll need to be able to show documents to prove your income and other personal information.

For example, you’ll need proof of residence, marital status, assets, etc. This way, they will be able to complete your application, and you’ll wait for a response.

Usually, you’ll need about three months before you get the response if you got approved for the benefit.

Requirements

Before you even think about applying for this government benefit, you’ll need to know if you meet some of the requirements. Therefore, here is a list of some of the main requirements to get this benefit:

  • Live in South Africa;
  • Not be receiving any other social grant;
  • Not be receiving treatment in a state facility;
  • Be a citizen, permanent resident, or refugee of South Africa;
  • Not make more than R86 280 if you are single or R172 560 if married;
  • Not be able to prove you have more than R2 455 200 in assets if you’re married than R2 1 227 600 if you’re single.

Another recommendation: Child support grant

If you’re looking for other types of benefits to help your family, you can learn about the Child Support Grant.

Also, with this government program, you’ll be able to get the help you need for your children if you meet the requirements.

Moreover, you’ll be able to get up to R480 per month per child!

child support grant

How to apply for Child Support Grant?

Looking for ways to raise your child, but you need more money? If so, you can read on to see if you can apply for the Child Support Grant!

About the author  /  Victória Lourenço

Victória Lourenço is part of the finance writer team for The Mister Finance website. She is a translator and copywriter, having worked on finance topics for over four years. She has a goal to keep studying finances to help people learn more about how to use their credit cards, make loans, and use other money-related products in a way that they can find a more meaningful and healthy financial life!

Reviewed by  /  Aline Barbosa

Senior Editor

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