Wednesday, August 5, 2015

"Individual Received $200K In Overpayments For More Than 20 Years"

"Individual Received $200K In Overpayments For More Than 20 Years"

August 05, 2015 $371.5 Million , Administration 1 Comments

Social Security Administration Overpaid $371.5 Million in Disability Benefits


By Ali Meyer, Aug 04, 2015 Freebeacon

The Social Security Administration (SSA) overpaid individuals a total of $371.5 million in disability benefits from fiscal year 2009 through fiscal 2013, according to a Government Accountability Office (GAO) report.

These overpayments are cause for concern, as the Social Security’s Disability Insurance Trust Fund is expected to go broke by 2016, according to SSA’s 2015 annual report.

“During a time of growing concern about the solvency of the DI trust fund, it is important for SSA to take every opportunity to help improve the financial status of the program,” the GAO said. The report examined how these concurrent Federal Employees’ Compensation Act (FECA) payments affect Disability Insurance (DI) overpayments.

The GAO found that SSA did not detect concurrent FECA payments for about 1,040 individuals during at least one month from July 1, 2011, through June 30, 2014.
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1 comment:

  1. Harry BergeronAugust 5, 2015 at 9:52 AM

    SSA is having the IRS lean on disabled people by calling on them to bring in evidence of what they received, going back 20+ years, like an audit.
    Neither the SSA nor the IRS has any of this information.

    ReplyDelete

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