| Estimates are undelivered or otherwise
uncashed benefit checks total one-half billion dollars
annually. The Social Security Adminiinstration makes no routine effort is made to locate and/or notify
owners. Returned checks are credited back to the
agency. The Social Security Administration is also responsible for
another very substantial stockpile of unclaimed money. In 1987, the
General Accounting Office reported 10 million retirees were underpaid
benefits because $59 billion in earnings had not been credited to their
accounts. Ten years later SSA's "Suspense
File" of uncredited earnings and unpaid benefits
attributable to clerical errors and reporting mistakes
had grown to $200 billion, affecting over 200 million separate accounts.
The current figure is well over $250 billion and 220 million accounts.
For
assistance locating a Social Security check or benefit
that went uncashed or was never received go to:
Social Security
Benefit Search
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