SASSA Grants Cash Disbursement Changes

SASSA Grants Cash Disbursement Changes

SASSA Grants Cash Disbursement Changes. Sassa recently made a crucial announcement in late 2023, impacting beneficiaries who receive grants at Post Offices. Subsequent details on this matter have since been revealed.

Closure of Cash Payment Points for Sassa Grants

The South African Social Security Agency (Sassa) disclosed a significant change regarding the disbursement of Sassa grants at Post Offices. Sassa, in collaboration with Postbank, is phasing out all physical cash payment points (CPPs), including cash withdrawal services at Post Offices. This process will occur between January and March 2024.

Impact and Details of the Closure

Approximately 2% of Sassa social grant recipients will be affected by the closure of 870 cash pay points. A detailed schedule has been issued, specifying the closing dates for these points across various provinces in South Africa.

  • Eastern Cape: 277
  • Free State: 26
  • Western Cape: 0
  • Gauteng: 6
  • Northern Cape: 13
  • North West: 96
  • Limpopo: 216
  • Mpumalanga: 53
  • Kwazulu-Natal: 183

Reasons for the Change

The decision to discontinue cash payments at Post Offices is driven by the financial struggles of the Post Office, which incurred a R6 billion loss over the past three years. The Post Office’s business rescue plan involves closing 420 unprofitable branches and retrenching 6,000 employees.

Alternative Options for Sassa Beneficiaries

While cash withdrawal services at Post Offices are ending, Sassa grant beneficiaries can still access their funds. They can use their Sassa gold card at ATMs or retail stores like Boxer, Pick N Pay, Spar, Shoprite, Usave, and Checkers. This includes making purchases or withdrawing funds with the cash-back functionality.

See also  When And Where To Collect Your New Sassa Card

Sassa Gold Card Validity Extension

Contrary to concerns, Sassa gold cards are not expiring. The validity has been extended, and Sassa grant beneficiaries with expiring cards can continue using them for Sassa grant payments. Dates for replacing expired cards will be communicated by Sassa and Postbank, assuring that clients who did not change their payment methods will still receive their grants on their Sassa gold cards.

Similar Posts