South Africa

Basic country data

  • Population 60 and over (2018)
  • 4,901,511
  • % of total
  • 8.5%
  • Population 60 and over (2050)
  • 11,584,206
  • % of total
  • 20.2%
  • Does the country have a social pension?
  • Yes
  • Region
  • Sub-Saharan Africa
  • Income group
  • Upper middle income

Data on social pensions

Older Persons Grant

Basic scheme information

Data on social pensions

  • Name of pension or programme
  • Older Persons Grant
  • Year first social pension introduced
  • 1927
  • Administrative Organisation
  • South African Social Security Agency
  • Legislative Underpinning
  • Chapter two of Act no. 13 of 2004 (Social Assistance Act) (subsequently amended)

2015

Government of South Africa: Older Persons Grant (webpage)

Eligibility criteria

  • Age of eligibility
  • 60
  • Targeting approach
  • Means-tested
  • Detailed eligibility criteria
  • Not in receipt of any other social grant or in full time care of the state. Income cannot exceed R49 200 a year for individuals or R99 840 a year for couples. Assets must not exceed R 831 600 for single people or 663 200 for married couples.
  • References and notes

2015

Government of South Africa: Older Persons Grant (webpage)

Adequacy

  • Monthly benefit (local currency)
  • 1,420 Rand
  • US$
  • 107
  • % of GDP per capita
  • 22.9%
  • $ PPP
  • 252.2
  • % of $1.90 poverty line (PPP)
  • 436%
  • Local amount detailed/other benefits
  • Individuals older than 75 years receive a benefit of 1,440 Rand
  • References and notes

Coverage

2015/16

SA Budget 2015/16: Estimates of National Expenditure (Detailed)

Cost

This 2008 report by HelpAge explores the importance of social pensions to older people and their families in South Africa.

Resources on the pension in South Africa

Social pensions database

Explore the Social pensions database

Calculator

Calculate the cost of a universal pension in your country