The Social Security Administration says it plans to cut 7,000 jobs and reduce the number of its regional offices.
As is the case every month, most Social Security beneficiaries in the U.S. will be paid on one of three Wednesdays in March.
In a press release, the agency said it plans to reduce its current staff of around 57,000 to a target of 50,000 employees.
Supplemental Security Income checks for March, worth up to $967 for individual filers, will be sent out to eligible ...
A group of the 73 million Social Security beneficiaries in the U.S. are about to receive their latest monthly payment.
Musk called Social Security a "Ponzi scheme," a remark that has drawn significant backlash from Democrats and critics.
Benefit cuts are off the table for now in upcoming budget negotiations, experts say. But the agency may continue to struggle ...