NYT Finds that Social Security Makes Overpayments Equal to 0.01 Percent of Its Spending to State Workers

July 21, 2010

Dean Baker

The NYT devoted a story to an audit by Social Security’s Inspector General that found the system pays $53.2 million annually more than it should to former state and local government employees. The overpayment stems from a failure to correctly offset pensions earned in government employment that is not covered by the Social Security system.