Social Security Announces Four Key Updates to Address Improper …
WEBMar 20, 2024 · Social Security Commissioner Martin O’Malley today announced he is taking four vital steps to immediately address overpayment issues customers and the agency have experienced.
Record-breaking Backlog Increases Improper Payments by Over $1B
WEBAug 8, 2024 · As a backlog of payment actions affecting Social Security beneficiaries continues to mount, so does a rise in the Agency’s improper payments. As of February 2024, SSA’s pending actions backlog reached an all-time high of 5.2 million pending actions, resulting in $1.1 billion in improper payments.
Reducing Improper Payments - Social Security Administration
WEBThis new approach promotes a more streamlined and centralized repository for government-wide improper payments reporting. Please visit www.paymentaccuracy.gov for our latest improper payments information.
Office of the Inspector General - Social Security Administration
WEBAug 19, 2024 · From FYs 2015 through 2022, SSA estimates it made nearly $72 billion in improper payments, most of which were overpayments. While this is less than 1 percent of the total benefits paid during that period, at the end of FY 2023, SSA had an uncollected overpayment balance of $23 billion.
Social Security Eliminates Overpayment Burden for Social Security ...
WEBMar 29, 2024 · Social Security announced it will decrease the default overpayment withholding rate for Social Security beneficiaries to ten percent (or $10, whichever is greater) from 100 percent, significantly reducing financial hardship on …
Protecting Beneficiaries from the Harm of Improper Payments
WEBOct 18, 2023 · SSA OIG’s work demonstrates a commitment to assisting SSA in addressing its improper payments challenge. In the last five years, the OIG issued 101 reports with 299 recommendations related to improper payments that identified over …
Reducing Improper Payments - Social Security Administration
WEBWe consider payments improper if they result from: Our mistake in computing the payment; Our failure to obtain or act on available information affecting the payment; A beneficiary's failure to report an event; or. A beneficiary's incorrect report.
Social Security Administration | Reducing Improper Payments ...
WEBSupplemental Security Income. We report improper payment findings (both overpayments and underpayments) from our stewardship reviews of the nonmedical aspects of the program on an annual basis. Between fiscal years (FY) 2015 – 2019: We paid approximately $283.4 billion* to SSI recipients.
Social Security Publishes Proposed Rule for Payroll Information ...
WEBFeb 15, 2024 · Social Security is working to reduce wage-related improper payments by using its legal authority to establish information exchanges with payroll data providers. These exchanges will help ensure the agency receives timely and accurate wage data.
Social Security Administration | Reducing Improper Payments
WEBOn 04/08/2021, we released our forty-fourth quarterly report on Retirement, Survivors, and Disability Insurance and Supplemental Security Income high-dollar improper payments covering the quarter ending March 31, 2021.