India, July 4 -- Starting July 2025, the Social Security Administration (SSA) will start cutting certain beneficiaries' payment benefits to 50%- and no, it's not because of the predicted treasury shortfall. Instead, it is part of the SSA's policy to recover lost funds disbursed in overpayments.

Back in March this year, the SSA declared that benefits of recipients receiving overpayments after March 27, 2025, will be withheld until the amount is fully reimbursed. The withholding rate was later changed, and an emergency message was posted next month on the official website notifying that payments were to be slashed by 50% for those with outstanding overpayments.

"If the individual does not request a lower rate of withholding, reconsiderati...