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Wednesday, July 25, 2012

Inspector General: SSA sitting on $134 million in uncashed checks

The federal government has made it a top priority to reduce the rate of improper payments that needlessly drain agency coffers.

But a new report indicates at least one agency has the opposite problem: Holding on to payments that should be disbursed to eligible recipients.

The inspector general for the Social Security Administration estimated the SSA is sitting on about $133.7 million in funds from benefit checks that recipients haven't cashed in at least a year and are subsequently returned to the agency.

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1 comment:

Anonymous said...

But a new report indicates at least one agency has the opposite problem: Holding on to payments that should be disbursed to eligible recipients.

Yeah, that would be me and a couple others I know.

We are waiting and waiting and they send money to people who don't need or want it and it gets sent back.

Get on the ball. Some of us need our money to survive with.