Tag: oasdi
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SSA Audit Uncovers Widespread Errors in Overpayment Notices
An audit by the Social Security Administration's OIG found that 46% of Old-Age, Survivors, and Disability Insurance overpayment notices were non-compliant in FY 2023, affecting over 469,000 cases. The SSA also incorrectly processed 63% of explanation requests.
Politics and GovernmentBusinessFederal GovernmentEconomySocial IssuesLegal Social Security AdministrationAuditOverpaymentOASDIPolicyGovernmentFiscal Year 2023
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SSA Audit Reveals Costly Overpayment Recovery Efforts
An SSA OIG audit found the agency spent $2 million more recovering low-dollar overpayments than it collected. The report highlights a failure to implement prior recommendations and a need for clearer policy on cost-beneficial collection efforts.
Politics and GovernmentBusinessFederal GovernmentEconomyEmployment and LaborLegal Social Security AdministrationSSA OIGAuditOverpaymentsOASDITaxpayer FundsGovernment Spending