Basic country data
- Population over 60 in 2010:
- 3,694,968 (7%)
- Projected population over 60 in 2050:
- 9,286,054 (16%)
- Poverty rate of total population:
- Income of country:
- Upper middle income
- Social pension?
- Scheme information: Older Persons Grant
- Year introduced:
- 1927/8 first scheme introduced for whites, 1944 scheme extended to whole population, 1996 full parit
- Monthly pension benefit:
- 1200 Rand (155 US$)
- 24.61 % of average income
- 592 % of international poverty line
- Age of eligiblity:
- % of population over 60 covered:
- Total cost:
- 1.14% of GDP
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
World Report on Child Labour: Economic vulnerability, social protection and the fight against child labour
Year: 2013 | Published by: ILO
This new report is the first in a series to be published annually by the ILO s International Programme on the Elimination of Child...
Pensions, poverty and wellbeing: the impact of pensions in South Africa and Brazil, a comparative study
Year: 2012 | Published by: HelpAge International
Pension watch briefing no. 7, published by HelpAge International, compares the impact of pensions in South Africa and Brazil, focussing both on poverty and...
Year: 2012 | Published by: SASSA
This informational pamphlet, produced by the South African Social Security Agency, provides information for the period 2011-12 on grants available in South Africa. This...
This Government website provides information on the Older Persons Grant in South Africa.
Year: 2011 | Published by: University of Michigan
I use the 2008 South African National Income Dynamics Survey to examine how the increase in income provided by the South African pension affects...