amount of social security fraud
10 Outrageous Examples of Social Security Disability Fraud. Social Security Disability Insurance is meant to provide assistance to Americans who are unable. to work due to physical or mental disabilities. Unfortunately, this well-intentioned program has. ballooned into a $135 billion bureaucracy rife with waste, fraud and abuse. According to Congressional Research Services this program cost taxpayers $128.9 billion in 2011 and was in deficit to the tune of $25.3 billion. Funded by the 1.8% payroll tax and comprising nearly 18% of all social security spending, at current pace the trust fund may be exhausted by as early as 2015. That compares with less than 2.5 million jobs created during the same period. According to Social Security Administration data, currently including spouses and children, SSDI rolls have swollen to a bloated 10.9 million. A record one in fourteen workers is now on the SSDI dole. MOST POPULAR. Until recently, the soaring increase of costs in the Social Security Disability Insurance programs have been largely blamed on the surge in retiring baby boomers and the lingering effects of the Great Recession, which prompted many unemployed Americans to seek the benefits when their unemployment insurance expired. Cheaters cost Social Security billions. The Social Security Administration has fallen behind in reviewing the medical conditions of 1.7 million Americans on its disability rolls, potentially paying up to $11 billion in benefits to people who are no longer disabled. SSDI benefits are paid to those who have worked long enough, paid Social Security taxes, and are unable to hold down a job because of a medical condition that is expected to last at least one year or result in death. The United States Social Security Administration. Check out your Social Security Statement, change your address & manage your benefits online today. Your Social Security number remains your first and continuous link with Social Security. Calculate your benefits based on your actual Social Security earnings record. By The Oregonian. on December 06, 2008 at 8:36 PM, updated December 08, 2008 at 7:18 AM. The Social Security Administration has fallen behind in reviewing the medical conditions of 1.7 million Americans on its disability rolls, potentially paying up to $11 billion in benefits to people who are no longer disabled. He played down his income on one of Social Security's work activity reports, part of the agency's regular reviews of disability beneficiaries. But there were enough records -- obtained by federal agents -- to show he earned an average of $102,683 a year from 1998 to 2004. The numbers substantiate a shift to these hard to (dis)prove afflictions. Over the past three decade’s awards for mental illness climbed from 16% of total claims to one third by 2010. During the same period “back pain” increased its market share from 13 to 28%. It is a system begging for abuse.
$11 billion