PDA

View Full Version : Can you count on Social Security or rather ....can they count ?


tomder55
Oct 12, 2023, 06:04 AM
The dopes at Social Security over paid $billions to retirees . Now they want it back.



the Social Security Administration is trying to get back billions of dollars it says it should not have ever paid.
In most of these cases, the recipients had no way to know their Social Security payments were wrong, and in some cases, it was the government’s mistake.

Hundreds of thousands of families are facing unexpected bills from government – WSB-TV Channel 2 - Atlanta (wsbtv.com) (https://www.wsbtv.com/news/local/atlanta/hundreds-thousands-families-are-facing-same-unexpected-bill-government/N4UBRRV6MNFPNFRM4GSMYMWKBA/)

During the 2022 fiscal year, the agency got $4.7 billion of overpayments returned , while another $21.6 billion remained outstanding,

The Social Security Administration’s Major Management and Performance Challenges During Fiscal Year 2022 (ssa.gov) (https://oig.ssa.gov/assets/uploads/a-02-21-51120.pdf)


Now Congress will hold investigations


In a news release from the U.S. House Ways and Means Committee, it said that will hold a hearing next week to “better identify improper payments before they occur and provide beneficiaries with adequate notice when they occur.”
Congress to hold hearing following Channel 2 investigation into Social Security overpayments (msn.com) (https://www.msn.com/en-us/money/other/congress-to-hold-hearing-following-channel-2-investigation-into-social-security-overpayments/ar-AA1i3S11?ocid=msedgntp&cvid=9f0d1459b36b45729b11238ede9a09cf&ei=14)

The rub is that if SS doesn't get the money back ,it will hasten to the day when the Ponzi Scheme crashes and burns.

Congress should look to completely overhaul the system . The least fair way to extend it's life is to grab the $$ from cash strapped seniors.


The agency rejected a May 2022 Freedom of Information Act request for documentation of every overpayment notice sent over several years, and a March 2023 appeal is pending.

Jack Smalligan of the Urban Institute, who has done research on Social Security, estimated that millions of people have received notices saying the agency overpaid them.
Most are on disability, and many cannot afford to repay the government, Smalligan said.

Billions In Social Security Overpayments To Disability Recipients; Seeks Repayment - LevittownNow.com (https://levittownnow.com/2023/10/02/billions-in-social-security-overpayments-to-disability-recipients-seeks-repayment/)