Bill > S1023

This bill amends the Social Security Act to limit the recovery of overpayments under Titles II (Old-Age, Survivors, and Disability Insurance) and XVI (Supplemental Security Income) to a 10-year period. Specifically, the bill prevents the Social Security Administration from adjusting payments or recovering overpaid funds that occurred 10 or more years before the Commissioner identifies the overpayment. This means that if the Social Security Administration mistakenly pays an individual more money than they are entitled to, and this overpayment is discovered after 10 years, the agency cannot seek to reclaim those funds from the recipient. The bill aims to provide relief to individuals who might otherwise be burdened with repaying significant sums of money from past overpayments, offering a statute of limitations on such recoveries. The legislation would apply to both retirement, disability, and survivors' benefits (Title II) and supplemental security income for elderly, blind, and disabled individuals (Title XVI).

Budget and Finance

https://www.congress.gov/bill/119th-congress/senate-bill/1023/all-info