SSA Can’t Collect Overpayments Without Wasting Money

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The Social Security Administration (SSA) spends more money than it collects when trying to recover payments to individuals who received benefits for which they were not eligible.

According to the Office of Inspector General (OIG), the SSA issued $128.3 million in “low-dollar” overpayments between 2008 and 2013, and then spent $323 million to collect them. The agency ultimately recovered only $109.4 million.