Archive

Archive for June 14th, 2011

Social Security makes $6.5B in overpayments

June 14th, 2011 12 comments

USAToday.com

WASHINGTON — Social Security made $6.5 billion in overpayments to people not entitled to receive them in 2009, including $4 billion under a supplemental income program for the very poor, a government investigator said Tuesday.

In all, about 10 % of the payments made under the agency’s Supplemental Security Incomeprogram were improper, said Patrick P. O’Carroll Jr., the Social Security inspector general.

Error rates were much smaller for retirement, survivor and disability benefits, which make up the overwhelming majority of Social Security payments, O’Carroll told a congressional panel.

Read more…