$1.4B Stimulus Overpayments to Deceased Persons Happen Annually – To Pension Plans

Recent analyses of the federal government’s coronavirus stimulus payments indicate up to $1.4 billion in payments were sent to dead people.  The overpayments were a function of two elements: no formal process was utilized to identify deceased persons and it doesn’t appear the federal agencies responsible for payments had access to all the necessary data.  This same overpayment issue is happening for similar reasons to Pension Plans.  However, while overpayments to deceased persons via the [...]