Does SASSA money expire if not withdrawn 2023-2024
Does SASSA money expire if not withdrawn 2023-2024
The South African Social Security Agency (Sassa) is advising beneficiaries to avoid crowded areas and desist from withdrawing all of their money at once or simultaneously during the first few days of the month.
This is due to the fact that criminals and thieves target helpless people at these periods, claims Sassa.
According to Senzeni Ngubeni, a representative for Sassa, the new Sassa gold cards operate similarly to existing bank cards.
Beneficiaries won’t face any consequences for not using up all of their account balances. The account’s remaining funds will continue to be secure.
Anytime during the month, depending on the beneficiary’s needs, monies may be withdrawn.
Does SASSA money expire if not withdrawn 2023-2024
However, those who continue to use the old white Sassa card run the risk of not receiving their grant payments. They are urged to switch to the new Sassa card right now because no money will be deposited to the old card.
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Increasing from R700 to R780 in age (R80).
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Disability increased to R1 780 (R80) from R1 700.
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Veterans of war may receive up to R1 800. (R80).
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Foster care grants have increased from R960 to R1000 (R40).
How can I get my SASSA award back?
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The application for reinstatement of a social grant must specify the reason for not responding to the notification of intention to suspend issued before the grant’s expiration. The beneficiary must also complete the administrative process that assesses how they handled their finances while the suspension was in effect.
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A letter from SASSA outlining the rationale behind the decision suspension or reward pass must be submitted along with the application for restoration.
What occurs to unpaid SRD grants?
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Grants that weren’t repaid by the due date are donated to the National Treasury to support other programs and objectives of the government.
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or further information, click to https://www.sassa.gov.za.
What occurs if you fail to get your SASSA funds?
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The South African Social Security Agency (SASSA) stated in a statement that if the beneficiary does not claim their social benefits for three consecutive months, they will expire and be returned to the government.
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The recipient will get a letter before the award expires.
Does SASSA money expire if not withdrawn 2023-2024
How long does my SASSA grant last?
Beneficiaries have 90 days from the expiration date to submit a restoration application. The award may be regarded unclaimed and will expire if a beneficiary does not request the reinstatement of it during the first 90 days after it has been suspended. The receiver should then submit a new application by that point.
SOCIAL GRANTS
RELATED LINKS
For more info on Sassa Online Application click here