Tuesday, 18 February 2025

How Social Security Screwed Up

 The chart to the right...is Elon's listing of people getting Social Security.  So for the first 8 rows...it's probably 95-percent 'correct'.  Then you get to around the 100-to-109 age group, with 4.7-million.  At best....there might be about 500 folks....so  you know  it's  off.

The 120-129?  You can be sure....it's zero, but they are obviously paying 3.5-million folks a check.

So how?  

It comes down to two things.....death announcement/certificates, and the people at Social Security failing their job.

Re-use of numbers?  Well....NO.....their policy is not to re-use them.

The two folks between 240-369 years old?   I suspect it's purely a typo. I don't think the age is correct, period.

These listed for 150 years old?  I'd suggest from the first month of existence (August 1935)....there were some 70-year old folks working, and paying into the system.  A  year or two later.....they passed on, and the death was never noted.   Check was mailed out....the postal guy noted 'Gus' was deceased...check returned.  At the Social Security return office....they just never updated the system.

The development of automatic deposits?  That occurred around 1975.  I would imagine for at least 20-million dead folks....they had a second account that the family knew nothing about....the death was missed, and sitting in that bank account today...is a three-quarters-million (if it started  in 1975).

Can they get the money back?  Well...one-by-one, yes.  But you'd need at least three-thousand folks  working on this, and figure at least three years of time to finish. 

This amounting to a couple billion?  Yeah.