"Social Security Commissioner's Plan to End Benefit Overpayment 'Clawback Cruelty'"

1 min read
Source: CNBC
"Social Security Commissioner's Plan to End Benefit Overpayment 'Clawback Cruelty'"
Photo: CNBC
TL;DR

Social Security Commissioner Martin O'Malley has unveiled a new plan to address overpayment issues, including reducing the default withholding rate from 100% to 10% for beneficiaries who do not respond to repayment notices, shifting the burden of proof away from claimants, extending repayment plan timeframes, and making it easier for beneficiaries to request waivers. O'Malley also highlighted plans to address long wait times for service and a backlog in disability benefit applications, calling for additional funding from Congress to address the agency's customer service crisis.

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