Pensioners march for R5,000 per month

Graham Sheldon leads pensioners through the Company Gardens on Tuesday. The elderly want the state pension to be hiked to R5,000 from the current R1,410. Photo by Mary-Anne Gontsana.

As of 30 June, 3.1 million people received the older person’s grant of R1,410 per month. The 2015/16 budget sets aside R53.5 billion for this grant, about 4% of state expenditure this year. If the pensioners’ demand is met, this would increase to about 9% of state expenditure.