Social Security has posted new numbers on payments of fees to attorneys and others who represent Social Security claimants. These fees are processed by Social Security but come out of the back benefits paid to the claimants.
Since the claimants are paid at the same time as the attorneys, these numbers shows how quickly or slowly Social Security is able to make benefit payments after approving claims. Note the dramatic decline in April. My working theory is that there was a fair amount of overtime available in the first quarter of the year but no more. January is always badly affected despite the availability of overtime because of heavy seasonal demands.
Since the claimants are paid at the same time as the attorneys, these numbers shows how quickly or slowly Social Security is able to make benefit payments after approving claims. Note the dramatic decline in April. My working theory is that there was a fair amount of overtime available in the first quarter of the year but no more. January is always badly affected despite the availability of overtime because of heavy seasonal demands.
Fee Payments | ||
|---|---|---|
| Month/Year | Volume | Amount |
Jan-12 | 29,926 | 89,749,312.99 |
Feb-12 | 43,946 | 134,207,416.10 |
Mar-12 | 47,376 | 139,571,577.57 |
Apr-12 | 38,239 | 113,225,483.07 |
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