The Social Security Administration (SSA) is once again modifying its policy on recovering overpayments issued to beneficiaries. This adjustment follows a 2023 "60 Minutes" report that shed light on the significant financial burden placed on individuals when the SSA sought to recoup funds after making errors.
Initially, in response to the report, the SSA announced it would limit the amount clawed back from a person's monthly Social Security check to no more than 10% of the total benefit. This change aimed to ease the hardship on those facing unexpected debt due to agency errors.
However, policy adjustments implemented earlier this month have altered this recovery process. While specific details of the new policy are still emerging, it's crucial for Social Security recipients to understand their rights and responsibilities regarding potential overpayments. The SSA encourages beneficiaries to review their statements carefully and promptly report any discrepancies or concerns. Individuals facing overpayment recovery can request a waiver or appeal the decision if they believe it creates undue financial hardship. The recent changes highlight the ongoing debate surrounding the balance between responsible stewardship of taxpayer funds and protecting vulnerable individuals from financial strain caused by agency errors.
Social Security Overpayment Recovery Changes Again
The Social Security Administration (SSA) has adjusted its policy regarding the recovery of overpayments. Following a 2023 report highlighting the issue, the SSA initially capped overpayment recovery at 10% of a recipient's monthly benefit. Recent changes, implemented earlier this month, impact the amount the SSA can reclaim. This adjustment brings renewed attention to how the agency handles errors resulting in overpayments.
Source: Read the original article at CBS