New Social Security Commissioner Martin O'Malley has unveiled a four-step plan to tackle overpayment issues that vex beneficiaries.
New Social Security Commissioner Martin O'Malley has unveiled a four-step plan to change the way the agency handles overpayment issues.
"We are no longer going to have that clawback cruelty of intercepting 100% of a payment if people do not respond to our notice," O'Malley told the Because that beneficiary could not afford to repay the sum to the SSA, the agency reduced her monthly benefits, Warnock said. As a result, she could no longer pay her rent.
Starting Monday, March 25, the agency will no longer intercept 100% of a beneficiaries' monthly benefits if they do not respond to a repayment notice, he said. Instead, the agency will use a "much more reasonable" default withholding rate of 10%, according to O'Malley.
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