Dec 25, 2013

Old Overpayment Waived

     Social Security has waived a 41 year old overpayment of $493.80 for one man. Great for him but it's time for a statute of limitations on Social Security overpayments.

Merry Christmas!


Merry Christmas!


Dec 24, 2013

Christmas Eve


Americans Aren't Prepared Financially For Retirement And The Problem Is Getting Worse

     From the abstract of a study by the Center for Retirement Research at Boston College:
The National Retirement Risk Index (NRRI) measures the share of working-age American households “at risk” of being unable to maintain their pre-retirement standard of living in retirement. ... As of 2010, the NRRI showed that, even if households worked to age 65 and annuitized all their financial assets (including the receipts from reverse mortgages on their homes), 53 percent of American households were at risk.
     By the way, the study shows that the problem has been getting worse.

Merry Christmas


Dec 23, 2013

Change In ALJ Position Description

     I could use a link but I've been told that the position description (PD) for Social Security's Administrative Law Judges (ALJs) has changed. The new PD emphasizes increased supervision and management by the Social Security Administration.  There is a new emphasis on compliance with Social Security's procedures, regulations, rulings, and policies and on timely processing of cases.
     For those of you on the inside, what does this mean in practical terms? Has the agency explicitly told ALJs that their job has changed?

Merry Christmas!