South Africans relying on the Social Relief of Distress (SRD) grant could be in for a significant upgrade! Recent reports suggest potential changes to the SRD grant, with talk of an increase and even a possible replacement with a Basic Income Support grant. Here's what you need to know:
SRD Grant Increase Before December 2025?
A Treasury report has sparked rumours of a potential SRD grant increase before December 2025. With the cost of living soaring and unemployment remaining a major challenge, an increase could provide vital relief to millions. The report suggests a possible increase from the current R350 to between R400 and R500 per month.
This potential increase aims to better align with rising living expenses and provide much-needed financial support to vulnerable citizens, especially during the festive season.
R500 Basic Income Support Grant in 2026?
Looking ahead to 2026, the Department of Social Development is reportedly considering replacing the SRD grant with a R500 Basic Income Support grant. This new grant would target unemployed adults between 18 and 59 who don't receive other social grants.
The aim is to provide more sustainable financial assistance to those struggling with unemployment and the rising cost of living. However, the government still needs to finalise the budget and legal framework for this program.
SRD R370 Grant Extended to 2026!
In the meantime, the current SRD R370 grant has been extended until March 2026, providing continued relief to many South Africans. The government plans to spend R35.2 billion on the program, demonstrating their commitment to supporting those in need.
Who Qualifies?
Eligibility for the extended SRD R370 grant will likely remain similar, targeting unemployed citizens with no formal income. Applicants will need to verify their identity and meet verification checks for income and residency.
Key Takeaways:
- Potential SRD grant increase to R400-R500 before December 2025.
- Possible R500 Basic Income Support grant replacing the SRD in 2026.
- Current SRD R370 grant extended until March 2026.
- Eligibility criteria remain similar for the extended grant.