This report, produced by RHVP, HelpAge International and UNICEF, describes and analyses the results of 402 household surveys undertaken throughout Swaziland in November 2009 to determine the impact of the Old Age Grant (OAG) on beneficiaries. The purpose of this study is to add to the growing body of empirical evidence on cash transfers in southern Africa, through an analysis of their impact at a household level, as well as a discussion on beneficiary experiences of the various delivery mechanisms offered to date.