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Biden fires Trump-appointed Social Security boss who plans to ignore dismissal
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Biden fires Trump SSA appointee four years ahead of contract date
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Social Security Administration Commissioner Andrew Saul warns that underfunding the system will increase benefit delays.
April 27, 2021 4 MINS
The Covid-19 pandemic has taken a toll on the Social Security system, both in terms of how long it takes to process benefits today and how well the program will be financed in the future.
Social Security Commissioner Andrew Saul warned this week that his agency will not be able to process benefits on a timely basis unless Congress increases its budget for more frontline workers and improved technology. Meanwhile, Social Security watchers are anxiously awaiting the release of the annual trustees’ report for a snapshot of how the economic fallout from the pandemic will affect the solvency of the critical retirement program.
Scams and frauds are often as creative as they are crooked, and the latest string of Social Security scams that has been sweeping the nation is yet another example of this. Like most scammers, the perpetrators are either looking to get cash before hanging up the phone, or are hoping to harvest personal information for a more elaborate scam at a later date.
Hang up, that’s not Social Security calling to threaten you
The Social Security media scam is fear-driven, and often marked by meticulousness. The scammers will phone or contact the victim, posing as a Social Security agent and informing them that their Social Security account has been compromised. The fraudsters know their way around technology, and are able to spoof the caller ID to make it look as if the call is coming from Washington, D.C.. Sometimes they will also present an agent’s badge or other information to persuade the respondent of their legitimacy.
Social Security Administration sounds alarm over spike in scamming attempts
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