The Social Security Administration (SSA) is responsible for administering the Social Security benefit schedule for retirees and people with disabilities. The SSA is scheduled to make two payments this month to retired workers and recipients of the Social Security Disability Insurance (SSDI) program. Please note that recipients who joined the SSA program before May 1997 are not eligible for Social Security benefits provided by the SSA. If you are currently eligible for retirement and disability benefits, learn more here about when your next Social Security payment will be deposited in your bank account.
What is the US Social Security benefit schedule?
Every month, SSA pays out millions of monthly benefits to eligible recipients who meet all the requirements for either the retirement or disability benefits program. According to the Social Security Benefit Schedule, retired workers and disabled workers who claimed benefits after May 1997 receive benefits based on their date of birth. Here are the details:
The second Wednesday of each month for those who meet the conditions and were born between the 1st and 10th of the month. The third Wednesday of each month for those who meet the conditions and were born between the 11th and 20th of the month. The fourth Wednesday of each month for those who meet the conditions and were born between the 21st and 31st of the month.
Considering the above information, the next Social Security payment for this month will arrive in your retiree and disability bank account on Wednesday, July 24. Although the Social Security Administration will make payments on time, beneficiaries should be aware that if their payment does not arrive on the expected date, it may be due to bank processing times. Therefore, it is always recommended to wait at least three business days before contacting SSA customer service. For additional information regarding the amount of your monthly payment, you can always access “My Social Security Account”.
How will the SSA simplify access to receiving Social Security benefits?
The SSA has changed its process to reduce administrative burden and improve accessibility for people with disabilities. This was accomplished through a new policy, “Interim Improvements to the Disability Determination Process: Including How Past Work is Considered,” announced on April 18. The new version aims to reduce the time applicants have to wait for the SSA’s decision before receiving their first Social Security benefits. The move is part of the Executive Order on Transforming Federal Customer Experience and Service Delivery to Rebuild Trust in Government.
The main change from the previous methodology is the simplified evaluation to determine whether a disability certification event allows an individual to perform activities related to “past relevant work”. Previously, applicants were required to submit supporting evidence relating to at least 15 years of employment history. This was a major hassle for some people as the documents were difficult to find or even impossible to recall. This created issues of misreporting or insufficient reporting, risking a decision that was inconsistent with the applicant’s specific circumstances.
The new standards require applicants to submit work documentation at more convenient and shorter intervals. First, previous employment that began or ended within 30 days of filing will no longer be considered by the SSA. Second, only 5 years of work history will need to be submitted instead of 15. The Social Security Administration (SSA) plans to focus on the most recent data to make a more accurate decision on the viability of the case and to start making social security payments.