Are you interested in applying for a social grant with the South African Social Security Agency (SASSA)? Then you must pass the SASSA means test, which assesses whether you meet the asset and income thresholds required for each grant. This test ensures that only those genuinely needing financial support receive it.
SASSA Means Test: Asset and Income Threshold
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The SASSA means test considers your income and assets when assessing your eligibility for a grant. For married applicants, the incomes of both spouses are combined. For some grants, the amount you receive may also depend on your income level, as they work on a sliding scale.
If you’re applying for a grant, it’s important to know each grant type’s asset and income thresholds, which are subject to change. For example, the maximum income threshold for a disability grant is R92,520 per year for a single person and R185,040 per year for a married couple. Meanwhile, the maximum asset threshold for an older person’s grant is R1,313,400 for a single person and R2,626,800 for a married couple.
Assets that are considered include any property, cash in the bank, investments, and annuities from retirement funds. If you need help determining whether you meet the criteria for a particular grant, you can contact SASSA for assistance.
What is a SASSA Means Test?
If you’re in South Africa and need financial support through social grants, the South African Social Security Agency (SASSA) will evaluate your application using a means test. This test is used to assess your income and assets to determine whether or not you qualify for assistance. It’s important to note that each type of grant has a different means test, so be sure to familiarize yourself with the specific requirements for the grant you’re applying for.
SASSA grants are designed to help those unable to support themselves financially, so the means test must be thorough and accurate. For example, the income threshold for grants for older persons, disabilities, and war veterans is R86 280 for a single person and R172 560 for a married couple. In contrast, the asset ceiling for a single person is R2 455 200 and R1 227 600 for a married couple.
While it may seem daunting to undergo a means test, it’s important to ensure that those most in need receive the financial support they require. So, if you need assistance, don’t hesitate to apply for a SASSA grant and undergo the means test. It may be your helping hand to get back on your feet.
The Maximum Income Threshold for Each Type of SASSA Grant
South African Social Security Agency (SASSA) offers social grants to millions across South Africa monthly to cover basic living expenses. However, before the grant is awarded, SASSA assesses the applications to ensure that applicants meet all the criteria, including income and asset assessment. SASSA ensures that only the neediest receive grant payments. Married applicants will have their applications assessed with their and their spouses’ combined incomes. Incomes get combined regardless of whether applicants are married in the community of property or out of a community of property.
The maximum income threshold varies depending on the type of SASSA grant. For instance, the income threshold for the SRD grant is R624 per month, while for the child support grant, it is R57 600 per year (R4 800 per month) for single parents and R115 200 per year (R9 600 per month) for married parents.
For the disability, older persons, and war veterans grants, the income threshold is R92 520 per year (R7 710 per month) for singles and R185 040 per year (R15 400 per month) for married applicants. For the Care Dependency Grant, the maximum income threshold for single parents is R238 800 per year (R19 900 per month), while for married parents, it is R477 600 per year (R39 800 per month).
Applicants for the older persons, war veterans, and disability grants must note that the grant amount they receive depends on their income. The grants work on a sliding scale, with a higher income translating to a smaller grant payment.
The maximum asset threshold also varies, depending on the type of grant. The asset threshold for Disability, Older Persons, War Veterans, and Grant-in-Aid is R1 313 400 if single and R2 626 800 if married. For other grants, the asset threshold is not applicable.
Maximum Asset Threshold for Each Type of SASSA Grant
The South African Social Security Agency (SASSA) distributes social grants to millions of South Africans each month, helping cover their basic living expenses. However, before grants are awarded, SASSA must ensure that only the neediest receive payments, and income and asset assessment is a crucial criterion. If you’re considering applying for a SASSA grant, here are the current maximum income and asset thresholds to qualify for each type:
The SRD grant has a maximum income threshold of R624 per month, while the child support grant has a limit of R57 600 per year (R4 800 per month) for single caregivers or R115 200 per year (R9 600 per month) for married ones. There’s no means test for the foster child grant, but for the care dependency grant, the maximum income threshold is R238 800 per year (R19 900 per month) for single caregivers or R477 600 per year (R39 800 per month) for married ones.
As for assets, the disability grant, older persons grant, war veterans grant, and grant-in-aid have a maximum asset threshold of R1 313 400 if you’re single or R2 626 800 if you’re married. It’s important to note that if you apply for the disability, older person, or war veterans grants, your grant amount will depend on your income, as these grants work on a sliding scale. Overall, if you’re looking to apply for a SASSA grant, check whether you meet the income and asset thresholds for the specific grant you’re interested in.
What is the Means Test for the Old Age Pension?
The Older Persons Grant (also known as the old age pension grant) is a payment from the government of South Africa to people residing in South Africa over the age of 60 years. The recipient’s age determines the grant value and ranges from R2 080 per person per month for people between 60 and 74 years old to R2 100 per month for people over 75 years old.
To apply for the grant, you must be a South African citizen, a permanent resident, or a refugee over 60 years old residing within South Africa. You and your spouse must meet the means test requirements and not have assets valued over a certain amount. The means test is based on an applicant’s income and assets, and you can apply for the grant online or in person at a SASSA office. The application process is free, and the grant contributes to many older South Africans’ livelihoods.