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California Congressman Adam Schiff.
With 1 million people overpaid every year and about 70 million Social Security recipients.You go into Social Security and you say.
at least on a financial basis.Claiming too earlyThis may be the single biggest issue impacting Americans because Social Security allows people to begin collecting their benefits when they turn 62.and we handle overpayments on a case-by-case basis.
is something called the adjustment of reduction factor.who typically find out years later when the Social Security Administration sends a letter demanding repayment even if it was not their fault.
and they want to go look at the catastrophic outcome which is.
not everyone might be able to hold off.The Social Security Administration said in a statement to CBS MoneyWatch that improving its business processes to serve our customers better remains a top priority.
But sometimes people mistakenly file for both survivors benefits and their own retirement benefits.In a statement to CBS MoneyWatch.
We continually strive to improve stewardship of our programs and reduce improper payments.because he and Savage have heard from people who were given wrong or misleading advice by SSA employees.