Social Security has posted updated numbers on payments of fees to attorneys and others for representing Social Security claimants. These fees come out of the back benefits of the claimants involved. If the money weren't going to the attorney, it would be going to the claimant. Since the attorneys are paid at the same time as the claimant, these numbers show how quickly or slowly Social Security was able to pay benefits after a decision approving benefits. There was a dramatic slowdown in July. This means that it was taking longer for a claimant to be paid after approval. Why? Lack of overtime? Other priorities?
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 |
May-12 | 37,648 | 112,446,283.39 |
June-12 | 43,816 | 128,559,225.66 |
July-12 | 33,342 | 97,458,955.82 |