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Issues at processing centers have been caused by staff reductions and increased workloads, the government agency said.
Each year, about two million people are told they owe the Social Security Administration money because the agency ...
Thanks to legislation signed by Biden last year, the Social Security Trust Fund is now set to run out of money almost a year ...
(NEXSTAR) – The Social Security Administration (SSA) is wrestling with a “record-breaking backlog” of cases that has led to roughly $1.1 billion in improper payments, according to a new ...
A record number of 5.2 million Social Security “pending action” claims have led to approximately $1.1 billion in improper payments to beneficiaries as of February 2024. The improper payments ...
In fact, only about 89,000 people aged 99 or older received benefits from Social Security last year. Improper payments are a ...
Between fiscal years 2015 through 2022, SSA estimates it made nearly $72 billion in improper payments. Beginning March 27, the Social Security Administration will begin withholding 100% of ...
The nation’s key program for retiree benefits continues to see financing shortfalls. Unless Congress acts, those drops could ...
Social Security will not be able to fully pay monthly benefits to tens of millions of retirees and people with disabilities in 2034 if lawmakers don’t act to address the program’s pending shortfall, ...
Trustees of the Social Security trust fund predict the fund will be exhausted in eight years. Unless Congress acts, Social Security payments will automatically drop by 23% at that time.