Social Security Paid $1.3B in Likely Erroneous Disability Payments

"...The Social Security Administration made $1.3 billion in potentially improper disability payments to people who were believed to be employed when they were supposed to be unable to work, according to a Government Accountability Office report released Friday.

The Government Accountability Office estimated that the agency made the potential cash benefit overpayments to about 36,000 individuals from December 2010 to January 2013..."

Read more at Fox News

Social Security Edges Closer to Insolvency with Bad Claims

"...Social Security is so overwhelmed by disability claims that some officials are awarding benefits without adequately reviewing applications, potentially adding to the program’s financial problems as it edges closer to the brink of insolvency, congressional investigators say in a new report.

In more than a quarter of the 300 cases reviewed by congressional staff, decisions to award benefits “failed to properly address insufficient, contradictory or incomplete evidence.”..."

Read more at The Washington Post

Social Security Disability Fund Quickly Dwindling

"...The Social Security disability program’s trust fund is projected to run out of cash far sooner than the better-known Social Security retirement plan or Medicare. That will trigger a 21 percent cut in benefits to 11 million Americans -- disabled people, their spouses and children -- many of whom rely on the program to stay out of poverty..."

Read more at bloomberg.com