Patrick O'Carroll has reported Social Security made almost 1.5 billion dollars in under payments in the 2009 budget year. Patrick O'Carroll currently serves as the 3rd inspector general (IG) for the Social Security Administration (SSA), having been appointed to that position on November 24, 2004.
An under payment is an amount that is owed to a person that has not yet been paid. Underpayments usually result from unpaid benefits that have accumulated, or checks that have not been cashed.
The Social Security Administration's Supplemental Security Income (SSI) program made an estimated 800 million dollars in under payments. The Social Security Administration's Retirement, Survivors, and Disability Insurance (RSDI) Program made an estimated 600 million dollars in under payments. Patrick O'Connell indicates about 99.5 percent of all retirement and disability payments were accurate in 2009.
The lack of workers seems to contribute the most to the under payments. The Social Security Adminstration is being challenged to serve more people with less money. Reduced money for labor salaries, means a lower level of service.
The President has mandated frequent reporting guidelines to enhance transparency of transactions. This includes an aggressive plan of action to reduce improper payments and improve payment accuracy throughout the Federal Government. Faster identification of fiscal errors can result in a quicker search for solutions.
Home Care Path www.homecarepath.com encourages seniors to apply for earned benefits when eligible.
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