For about a year, the Social Security overpayments have been making headlines.
These errors are more than the simple and expected oversights of a massive bureaucracy. They’ve become a burden on seniors, turning Social Security from its original purpose and causing it to have the opposite of its intended effects.
Some blame the Social Security Administration, while others say those who made errors while filing are responsible. Still others say the blame is on both sides. But we may be able to soon look beyond blame, as a new solution has been proposed.
How a Payroll Change Could Stop Social Security Overpayments
Social Security overpayments have made headlines for all the wrong reasons. It’s not just a testament to the fact that the SSA’s policies are in need of change. These stories have been cries for help from those affected.
Some seniors have been on the hook to pay back tens of thousands of dollars that they never knew were sent to them by mistake. Imagine the shock and sleepless nights these errors have caused. Even worse, some seniors have lost their savings and their homes trying to pay back money they were sent by mistake.
Many of these errors are the result of earnings being filed incorrectly, late, or not at all. So what’s the solution? A payroll change. This new proposed policy would see this information shared with government departments. Advocates say it would stop the errors that come from self-reporting, and greatly reduce overpayments.
Is this the right move? This is a serious issue that requires action. Is it worth the added paperwork, and growth of bureaucracy? Will it really create the desired change? We want to know your thoughts.
What do you think of this change? Will it work? If not, what is the right solution? Share your opinion, then follow us on Facebook and Twitter.
