Social Security Users Are Now Being Hit By Unexpected Overpayments

April 24, 2024

Social Security users are now being hit by unexpected overpayments, a problem the administration has admitted they must work on.

A Social Security user had to go back and forth with the administration for years over an overpayment notice.

The 2018 notice informed the user she owed thousands of dollars, and she was later hit with another notice that she owed interest, reports The US Sun.

The Social Security user shared the details of her experience in a Facebook post from January.

She explained how she got approved for Social Security in 2018, but at the end of that year, she received a notice that she had been overpaid $4,000.

She appealed the overpayment “since it wasn’t my fault” and proceeded to use the money to pay off her bills and purchase a new AC unit.

“Then there was a lot of back and forth,” she wrote.

The administration claimed that it had not received her appeal, which she disputed.

The Facebook user noted that the pandemic hit, and then years later in 2023, she received a letter stating that she owed $7,065, which included over $3,000 in interest.

The woman went to the administration with proof for her case but was asked to fill out a new appeal, which she refused.

Instead, she had a lawyer friend send the administration a “polite letter” with copies of the original appeal, which had five dated stamps.

“Today the mail came and I got violently ill because I just don’t expect good news from social security,” wrote the woman.

However, in an unexpected positive turn, the administration approved the user’s appeal and dropped her overpayments.

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Other Economy News Today

A massive shoe retailer now announces a new wave of layoffs to hit headquarters this summer, affecting over 700 employees.

Nike has announced its ‘second phase’ of mass layoffs, effective June 28, according to a Worker Adjustment and Retraining Notification (WARN) filing.

A total of 740 employees will be impacted in the retailer’s home state.

The layoffs are part of the 2% workforce reduction Nike announced in February, which is taking place across two phases, the company confirmed via email.

Nike said job titles and the number of employees in each category would be provided at a later date, once the company has determined them.

Bumping rights are not available for the impacted employees, reports Retail Dive.

“Nike’s always at our best when we’re on the offense. The actions that we’re taking put us in the position to right-size our organization to get after our biggest growth opportunities as interest in sport, health and wellness have never been stronger,” Nike said in a statement.

“While these changes will impact approximately 2% of our total workforce, we are grateful for the contributions made by all Nike teammates.”

The layoffs are tied to a cost-savings plan Nike unveiled in December, which is aimed at generating up to $2 billion in cumulative savings over three years.

Based on the company’s last annual report, the layoffs to 2% of its total workforce will impact more than 1,600 people.

Savings from the plan are set to be reinvested in driving growth, innovation and profitability.

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Also Read: A Massive Grocery Brand Now Files For Chapter 11 Bankruptcy

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