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- Social Security Administration Responsible for $8 Billion in Improper Payments...
Posted on 6/16/2011 - Social Security payments to be made electronically...
Posted on 6/17/2010
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Social Security Administration Responsible for $8 Billion in Improper Payments
Posted on Jun 16, 2011
According to reports from a government investigator, the Social Security Administration made $6.5 billion in overpayments in 2009, including over $4 billion under a supplemental income program for the very poor. Overall, about 10% of the payments made by the Supplemental Security Income program were improper as the program has strict limits on income and assets. Most of the overpayments went to those individuals that did not report all of their resources, according to Patrick P. O'Carroll Jr., inspector general for Social Security. Error rates were much smaller for retirement, survivor and disability benefits which make up the majority of social security payments.
The problem was a result of some people receiving payments they were not entitled to, and others receiving more than they should have. The investigation also showed that Social Security also made $1.5 billion in underpayments which raised the total amount of improper payments to $8 billion overall in 2009.
To help alleviate some of this problem, Social Security has been increasing the number of reviews it completes each year to make sure beneficiaries still meet income and medical requirements. They have also increased their technology to make sure that recipients don't exceed income or asset limits. Unfortunately, keeping track of the Supplemental Security Income program is tough becuase benefits can change each month based on changes in income and living arrangements. The agency will continue to monitor its programs to help reduce the amount of improper payments and reduce budgetary concerns.
If you are in need of a Myrtle Beach SC social security disability attorney, Conway lawyer Dirk Derrick at the The Derrick Law Firm has been handling social security disability cases in Myrtle Beach, North Myrtle Beach, and Conway SC for over 23 years. Please call 843-248-7486 today.
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Conway, SC 29526
Phone: 843-484-0707
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1293 Professional Dr, Ste D
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North Myrtle Beach, SC 29582
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Social Security Disability
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