Accession Number : ADA187963
Title : Social Security: Payment Accuracy Rates Are Overstated.
Corporate Author : GENERAL ACCOUNTING OFFICE WASHINGTON DC HUMAN RESOURCES DIV
PDF Url : ADA187963
Report Date : Oct 1987
Pagination or Media Count : 40
Abstract : Over 33 million beneficiaries-retirees, survivors, and dependents-received about $175 billion in Social Security benefits during the fiscal year 1986. These beneficiaries rely on the Social Security Administration (SSA) to calculate and pay the correct benefits. SSA measures how accurately it calculates and pays benefits by reviewing an annual sample of payment cases. Because accuracy rates are used as barometers of how well SSA carries out its fiduciary responsibilities to beneficiaries and the trust funds, GAO sought to determine the adequacy of SSA's measurement procedures and the accuracy of the rates reported annually for the Retirement and Survivors Insurance (RSI) program, SSA's largest program. GAO also measured the effect of errors on beneficiaries.
Descriptors : *SOCIAL SECURITY, *PLANNING PROGRAMMING BUDGETING, *FEDERAL BUDGETS, ACCURACY, BAROMETERS, BENEFITS, INSURANCE, MEASUREMENT, RATES, RETIREMENT, SURVIVAL(PERSONNEL)
Subject Categories : Administration and Management
Distribution Statement : APPROVED FOR PUBLIC RELEASE