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Social Security Acting Commissioner Kilolo Kijakazi told Congress in mid-October that the agency sent overpayment notices to 1.03 million people in fiscal year 2022 and 987,000 people in 2023.
Social Security Acting Commissioner Kilolo Kijakazi told Congress in mid-October that the agency sent overpayment notices to 1.03 million people in fiscal year 2022 and 987,000 people in 2023.
According to the SSA report, about $1.6 billion of the OASDI overpayments and $287 million of the SSI overpayments are within the agency’s control, meaning they weren’t the beneficiaries’ fault.
“Our Social Security Retirement, Survivors, and Disability benefit payment accuracy is consistently high—less than 0.5 percent of Social Security payments are overpayments.
The Social Security Administration is no stranger to controversy, having found itself under the gun in recent years for everything from poor customer service to an outdated system for dealing with...
Benefits Pro reported that the U.S. House panel has scheduled a hearing next week to review the SSA’s “overpayment” process after it was revealed that the agency clawed back $4.7 billion in ...
As previously reported by GOBankingRates, the SSA’s latest Agency Financial Report revealed that the agency made about $11.1 billion worth of new overpayments to Social Security beneficiaries ...
The Social Security overpayment scandal continues to take new twists and turns, with Social Security Administration officials taking heat in front of Congress last month, and the SSA now disclosing...