File: The ANC announced in its 2019 Election Manifesto that it will investigate ways of using portions of pension funds for socially productive investments.
JOHANNESBURG – The South African Social Security Agency (Sassa) has successfully initiated a test case to directly pay about 100 social grant beneficiaries using commercial bank accounts.
This is in preparation for next month’s payment cycle.
According to Sassa, the test is part of the plan to in-source social grant payments.
But the agency said it will continue to pay beneficiaries who receive their grants at cash pay points and those who use merchants until December next year.
This month, Minister in the Presidency Jeff Radebe announced that Sassa and the post office have reached a landmark deal over social grant payments.
Radebe has assured social grant recipients they will continue receiving grants beyond April 2018, which is the Constitutional Court’s deadline for Sassa to take over social grant payments from Cash Paymaster Services.