NOW

Social Security Cuts Paper Statements In Budget Cutting Move

The Social Security Administration posted on their blog the following message, January 9:

“Today, we are taking another cost-saving step. We will mail fewer paper Social Security Statements. Paper Statements will only be sent to people age 60 and over, who are not getting benefits and don’t have a my Social Security account. This will bring down the costs of processing and mailing paper Statements by $11.3 million in FY 2017… ” (click to read more)

This is the second time SSA has attempted to cut paper statement mailing. In 2011 SSA announced the total elimination of paper statements but restarted limited paper service in 2014 following congressiomnal criticism. The limited service announced at the time would be in five-year increments when citizens reached birthday milestones (25, 30, 35, etc.). The new announcement ends that plan.