Social Security requiring in-office visits for millions of recipients, applicants
'SSA will permit individuals who do not or cannot use the agency's online my Social Security services to start their claim for benefits on the telephone. However, the claim cannot be completed until the individual's identity is verified in person,' according to their website.
'The agency therefore recommends calling to request an in-person appointment to begin and complete the claim in one interaction,' it added.
Changes are set to go into full effect on March 31, impacting more than 72 million Americans who rely on the platform amid a slew of planned office closures across the country.
The Department of Government Efficiency's (DOGE) website says it plans to shut down at least 47 Social Security field offices in places with large rural communities, including Kentucky, North Carolina, Louisiana, Texas and Florida.
Many in those areas relied on the Affordable Connectivity Program for increased access to the internet through discounted services bills. However, the program shut down in June 2024 due to a lack of funding from Congress.
AFT sues Education Department over removal of IDR student loan applications
Now Social Security beneficiaries will be required to travel to alter their social security benefits and account services.
DOGE said the changes will help prevent Social Security direct deposit fraud associated with 'fraudsters' calling SSA on the phone and changing the direct deposit bank account.
The SSA added that it plans to implement the Treasury Department's Bureau of the Fiscal Service's payment integrity service called Account Verification Service, which provides instant bank verification services to prevent fraud associated with direct deposit change requests.
It will also expedite processing for all direct deposit change requests to one business day. In the past, online direct deposit changes were held for 30 days.
'For far too long, the agency has used antiquated methods for proving identity. Social Security can better protect Americans while expediting service,' Lee Dudek, acting commissioner of Social Security, said in a Monday statement.
The agency website said SSA will continue to monitor and, if necessary, make adjustments, to ensure it pays the 'right person the right amount at the right time' while safeguarding the benefits and programs it administers.
Copyright 2025 Nexstar Media, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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The Hill
9 minutes ago
- The Hill
Trump stuns Wall Street, Washington with controversial BLS nominee
President Trump's pick to lead the Bureau of Labor Statistics (BLS) is breaking the mold of his predecessors and causing alarm among economists of all stripes Commissioners of the BLS are usually academics or career civil servants with decades of experience in statistics and economics. But EJ Antoni, who Trump nominated to lead the agency after firing former BLS chief Erika McEntarfer on the heels of a disappointing jobs report earlier this month, has more bona fides as a pundit and conservative advocate than he does as a statistician. The choice of Antoni to lead a statistical division whose data is scrutinized by businesses and governments all over the world is getting major backlash from the economics profession and sparking concerns about the politicization of bedrock-level economic data. 'E.J. Antoni is completely unqualified to be BLS Commissioner,' Harvard University economist Jason Furman, who worked for the Obama administration, wrote on social media. 'He is an extreme partisan and does not have any relevant experience.' Stan Veuger, a senior fellow at the conservative American Enterprise Institute, echoed Furman's words. 'He's utterly unqualified and as partisan as it gets,' he told the Washington Post. Who is EJ Antoni? Antoni has been the chief economist of the Heritage Foundation's center on the federal budget for the past four months. The Heritage Foundation is a right-wing think tank that produced the wide-ranging Project 2025 policy agenda. Project 2025 took aim at the 'permanent political class' in Washington, and many of its budget-cutting recommendations have been carried out by the Trump administration. He held two research fellowships at Heritage prior to his current position and two other fellowships at the Committee to Unleash Prosperity, a conservative advocacy group led by billionaire Steve Forbes. Antoni submitted his doctoral dissertation in 2020, in which he defends positions associated with 'supply-side economics,' a conservative policy doctrine that became popular in the 1980s. Besides stints as an adjunct at a community college and as an instructor at his alma mater of Northern Illinois University, he's held no other academic posts. By comparison, McEntarfer worked for 20 years as an economist with the Census Bureau. Her predecessor William Beach was the chief economist for the Senate Budget Committee, and his predecessor Erica Groshen spent 20 years as an economist at the New York Federal Reserve and referees for about a dozen academic journals. Antoni is a frequent guest on a number of conservative media outlets. While BLS makes it a point to produce — rather than interpret — economic data, Antoni has been hitting talking points on recent BLS releases in media appearances, a stark contrast with the agency's typical cut-and-dry communications. Discussing the dismal July jobs report, he emphasized job growth among native-born Americans on former Trump adviser Steven Bannon's internet podcast. 'There was some good news in the report, too, that we should definitely highlight,' he said. 'All of the net job growth over the last 12 months has gone to native-born Americans.' The Heritage Foundation did not respond to a request for an interview with Antoni. Backlash from economists Economists aren't mincing their words about Antoni's credentials. One economist at the University of Wisconsin refuted one of Antoni's recent papers, showing it contained basic statistical mistakes and finding that it wasn't possible to replicate its results — an academic kiss of death. Alan Cole, an economist with the conservative Tax Foundation think tank, described the errors in the paper as 'stunning.' 'Stunning errors in a tweet are bad, but worse to do it in long form, where there's more time and effort involved,' he wrote on social media. Conservative economists have also been blasting the firing of McEntarfer after the July jobs report showed that a meager 106,000 jobs have been added to the economy since May. Trump accused the agency — without any evidence — of producing 'rigged' data, which many economists have said is poppycock. 'The totally groundless firing of Dr. Erika McEntarfer … sets a dangerous precedent and undermines the statistical mission of the Bureau,' William Beach, a Trump appointee who preceded McEntarfer as head of the BLS, wrote online. Warnings to senators Antoni is expected to be easily confirmed by the GOP-controlled Senate after he appears before the Senate Health, Education, Labor and Pensions (HELP) Committee, which will also need to approve his nomination. Antoni's critics are waging a long-shot effort to turn GOP members of the committee against the nominee ahead of his likely confirmation. Friends of the BLS, a group that advocates for the agency and that's chaired by Beach and his predecessor Erica Groshen, called out Antoni in a statement Wednesday, describing the debate about his nomination as 'contentious.' 'BLS now … faces the additional challenge of a contentious debate over the nominee for the next Commissioner, Dr. EJ Antoni,' they said. Groshen told The Hill they hope the nomination process will be 'very thorough.' 'The responsibility of the Senate HELP committee … is particularly important at this time,' she added. The Hill reached out to all Republican members of the committee about Antoni's qualifications, most of whom didn't respond. A representative for Sen. Susan Collins (R-Maine) said she wouldn't be commenting on the nomination prior to the hearing. What would politicized labor data look like? Antoni has already floated some massive changes to BLS data releases, including canceling regular monthly reports in favor of quarterly releases — a change that would alter the entire cadence of economic data output and affect nearly every private and public sector model of the U.S. economy. He told Fox News before his nomination that 'the BLS should suspend issuing the monthly jobs reports, but keep publishing more accurate, though less timely, quarterly data,' since BLS data is often subject to revision. Former BLS chiefs told The Hill they're keeping an eye on a regulatory standard known as OMB Directive No. 3, which governs the rules of BLS releases, for any sign that agency data could become politicized. 'Violations of that would be very unusual, and therefore indicative of something unusual underneath it,' Groshen said. Antoni has delivered some conflicting remarks on BLS data revisions, attributing them to 'incompetent' leadership under McEntarfer during his appearance on Bannon's podcast and then noting later that the problems pre-dated her time as agency commissioner. 'I think that's part of the reason why we continue to have all of these different data problems,' he said before adding that 'this is not a problem unique to the Trump administration.' Real problems with BLS data In fact, the downward revisions in the July jobs report that prompted Trump's firing of McEntarfer were due to the late reporting of educational employment figures by state and local governments, along with the more pronounced seasonal effects in that sector since teachers don't work in the summer. That's fairly typical for the agency, current and former employees of the BLS told The Hill. Political narratives aside, the BLS has seen a substantial drop in survey response rates in the aftermath of the pandemic, a decline that has made the data less reliable, but that has affected statistical agencies in a number of countries beyond the U.S. 'This is not a failure of the BLS … This is a phenomenon that is worldwide,' Erica Groshen told The Hill. 'This is a slow-moving train wreck,' she added, exhorting CEOs across the economy to make a priority of the surveys. 'There is no silver bullet. Believe me – people have been looking for it for a long time.' Economists have been lamenting the survey response rates for years. 'Like Orwellian newspeak, [the U.S. employment report] can often mean the reverse of what it says it means. The household and establishment surveys portray contrasting pictures of employment (and both have shocking response rates),' UBS economist Paul Donovan wrote earlier this month, having noted declines since 2023.
Yahoo
16 minutes ago
- Yahoo
Social Security Just Received Its First Data Point to Determine the 2026 Cost-of-Living Adjustment (COLA). Here's Where Things Stand Now.
Key Points The annual Social Security COLA is based on a specific measure of inflation from July, August, and September. The first data point might have come in lower than expected, but experts still predict a bigger COLA than 2025. The $23,760 Social Security bonus most retirees completely overlook › A growing number of retirees are heavily reliant on Social Security to make ends meet. In the most recent iteration of an annual poll from Gallup, 62% of retirees said Social Security is a major source of income for them. That's up from 60% last year. Another 24% said their monthly benefits represent a minor (although meaningful) source of income in retirement. For any retiree using Social Security payments as a key factor in planning their budgets, few things have a bigger impact on their spending plans than the annual cost-of-living adjustment, or COLA. The COLA is designed to help Social Security payments keep up with the rising cost of goods and services, but many seniors have suffered in recent years as inflation has pushed prices higher on just about everything. While there is still two months until the official COLA for 2026 will be available, retirees just received the first data point necessary to determine how much they will receive next year. Here's where things stand now. How the government calculates the COLA Before diving into the latest data point, it's important to understand exactly how the Social Security Administration (SSA) calculates the COLA each year. Many people know the COLA is tied to inflation, but there's a very specific measure of inflation used to determine the exact number. It's called the Consumer Price Index for Urban Wage Earners and Clerical Workers (CPI-W). The index is calculated monthly by the Bureau of Labor Statistics based on surveys of prices taken throughout the nation. There are over 200 price categories catalogued, and each receives a specified weight in calculating the total index. To determine the COLA, the SSA only looks at CPI-W readings from the third quarter (July through September). The year-over-year increase in the average CPI-W from those three months becomes the COLA for the following year. The BLS published the July CPI numbers on Aug. 12. That's the first data point necessary to determine next year's COLA. The August CPI numbers will come out on Sept. 11, and the September numbers will come out on Oct. 15. At that point, all of the necessary data will be available to calculate the 2026 COLA. Here's where the 2026 COLA stands now The July CPI report came in lower than expected. The commonly reported CPI-U came in 2.7% higher than last year. However, core CPI, which removes volatile food and gas prices, came in above expectations, increasing 3.1% year over year. A higher core CPI number suggests seniors could face significant pressure in keeping up with rising costs next year, as food and fuel prices do eventually move higher. The CPI-W increased 2.5% year over year, reaching 316.349. That's a month-over-month increase of 0.1%. Using the most recent month-over-month increase in inflation to model the next two months of CPI-W numbers, the 2026 COLA will come in around 2.6%. Using the average increase over the last three months, it'll come in around 2.7%. Both numbers are an increase from the 2025 COLA of 2.5%. There are good reasons to expect inflation to come in higher over the next two months. Specifically, the Trump tariffs announced in April have mostly been delayed until August. While businesses have worked to stockpile inventory ahead of the tariffs in order to keep their pricing low, they will eventually have to factor in the increased tax on imports and raise pricing if they want to maintain their profit margins. The Senior Citizens League estimates next year's COLA will be 2.7%, raising it from their 2.6% estimate last month. Independent analyst Mary Johnson also expects a 2.7% COLA for next year in light of the most recent CPI-W data. The Social Security Board of Trustees put its estimate at 2.7% when it released its annual report in June. As those estimates converge, it's likely the best guess. The data and trends support a 2.7% COLA for 2026, and unless there's a massive disruption in pricing over the next eight weeks, that's what retirees should expect to see. The $23,760 Social Security bonus most retirees completely overlook If you're like most Americans, you're a few years (or more) behind on your retirement savings. But a handful of little-known could help ensure a boost in your retirement income. One easy trick could pay you as much as $23,760 more... each year! Once you learn how to maximize your Social Security benefits, we think you could retire confidently with the peace of mind we're all after. Join Stock Advisor to learn more about these Motley Fool has a disclosure policy. Social Security Just Received Its First Data Point to Determine the 2026 Cost-of-Living Adjustment (COLA). Here's Where Things Stand Now. was originally published by The Motley Fool Sign in to access your portfolio

CNBC
3 hours ago
- CNBC
$20K pay cuts, lower titles, odd jobs: Workers are making big trade-offs to find meaningful work in today's job market
Seri Thompson has been on the job market for eight months. In that time, she's applied to over 180 jobs. Some of them are related to her new communications degree, like for social media or marketing jobs. Lately she's also applied to jobs unrelated to her field, like assistant or retail positions. In the meantime, she has a part-time internship with a local San Diego bakery and keeps a steady rotation of babysitting, pet-sitting, house-sitting and other odd jobs to pay her bills. Thompson, 22, graduated from college in December 2024 and is pragmatic about her job search, but still finds it frustratingly slow. "The perfect job doesn't exist," she tells CNBC Make It. She says her parents taught her to recognize that "once you get that first job, it's just a stepping stone for the rest of your career." "But it's hard being invested in something that you're not super interested in, or settling, for a job to pay your bills," she says. "I feel like with my generation, people want to be really invested in what they are doing and like the work that they are doing." While Thompson would like a meaningful job — which she defines as being with a supportive company that prizes employee well-being and development — she knows she may not get that right now. As it turns out, in today's challenging job market, finding meaningful work is becoming a luxury not everyone can afford. Most workers say it's important to them that they do meaningful work in their jobs, according to a July survey of over 1,200 American adults from UserTesting, the survey platform. Respondents defined meaningful work on a personal level, as in one that allows them balance and flexibility, followed by external factors like making a social or environmental impact and helping financial and economic concerns are becoming a bigger factor in what they prioritize in their jobs. A majority, 85%, of Americans say economic uncertainty has changed what they value most in a job, with the bulk of them now prioritizing stability, salary and flexibility. The current market is leading people to stay in unfulfilling jobs and avoid switching industries, according to survey data. And roughly 1 in 3 people said they would give up their dream job in exchange for one with more career stability. That's how Thompson is trying to approach the situation. "I'm just trying to keep my chin up and have grace for myself, knowing that it's like a really tough market right now," Thompson says. "I'm just in this waiting period." While a majority, 62%, of respondents from the UserTesting survey say they're somewhat or very optimistic about their job search, about 23% are pessimistic. Roughly 1 in 4 job-seekers say they're experiencing burnout or mental health issues on the search, and 16% say ageism is an obstacle. Bruce Bennett has applied to "well over 100" jobs and says the process has taken a mental toll. "I've gotten to the point where I don't even really read the job description," says Bennett, 62, an HR professional in San Francisco. "I only look for certain keywords, like, what is the job title? What is the [HR] platform that they're using?" He often sees online listings with over 100 applicants, at one point seeing a company post that they'd received over 1,000 submissions to one opening. "It's a crap shoot," Bennett says. "I know 99% of the time I'm going to get rejected." Bennett was laid off from his last job in October 2024 following a company selloff. The current job market feels similar to, if not worse, than the 2000s-era dot com bubble burst, he says. Bennett says he's never been the type of professional to take any job for the sake of more money or a flashier title. But he does want to work for a company that he feels makes a positive impact, and one that has a diverse executive team. It's challenging to hold onto those values in the current climate, though. "If I find something, great," he says. "If I don't, I'm basically looking into forced retirement." Bennett feels his age plays a role in moving through interviews, typically when the hiring team asks questions to gauge so-called culture fit, he says, or sees that his resume is two pages long (though he has experience he no longer includes to keep it shorter). Bennett believes having options in today's job market, let alone finding meaningful work, is a luxury. "I don't think you necessarily have a choice on being that picky," he says, noting that finding a well-aligned job often comes down to your network and what jobs are available. These days, he's found an outlet that brings him both joy and a little extra income: About nine years ago, Bennett began volunteering as a walking tour guide around San Francisco; more recently, he launched his own paid tour offerings. His husband's job supports their main living expenses, but Bennett's new venture helps "bring in some money and at least put[s] food on our table." "It's not a lot of money," he adds, "but it's something that at least makes me happy, helping my own mental state, and helps people around the city. I think that's far greater than anything I've ever done." Some workers are realizing that to hang onto what they value most in their jobs, they'll have to make concessions. Jill Di Benedetto, 42, is an art director in Miami. She's been on the job market for five months after her last contract ended, and another two she had lined up both cut their budgets and eliminated jobs before she started. She's applied to at least 70 jobs but stopped keeping track and describes her search experience as "volatile." "I'm pretty staunch on what I look for," Di Benedetto says, noting that doing meaningful work to her means working with a good team and reaching a customer and "changing someone's life." But she's had to come to terms that she'll likely earn a much lower salary in her next role. Di Benedetto says many of the openings she's fielded offer a salary at least $20,000 lower than her last one. Further, "I don't care what my title is," she says. "That has gone out the window. I just want to work with great people and be paid my worth." She stays grounded with lessons she's learned from former colleagues who've shaped how she views her career. "The people that I've gravitated towards the most have taught me that your career is not always linear," Di Benedetto says. "Sometimes it's all over the place, and it doesn't have to be what everyone else thinks it should be. It's a personal journey." Even in a tough market, some workers are opting to take their careers into their own hands and make big changes, knowing that the process could take some time. Kaleah Mcilwain, 28, is a digital editor in Philadelphia. She quit her last job in media eight months ago in search of something more aligned with the kind of impact she wants to make in her audience development work. It's her third time on the job market since graduating from college, and the most competition she's ever experienced. In a sea of qualified applicants, she's learned that "if you do not meet the requirements 100%, unfortunately, this is just not the job market to be applying to jobs where you're reaching," she says. She also thinks meaningful work is a luxury. She's seen peers take pay cuts or shift careers in order to pay the bills. But it's a luxury she's positioned herself to continue striving for. "I was fully aware that I may not find a job in three months, or however long, and I am very solidified around these are the things I want, so I'm not budging on them. And that is a luxury I can have, because I did choose to leave my own job." Mcilwain says she lives with a roommate and spent time building up her savings in order to quit without a job lined up. So far, Mcilwain says she's applied to three or four dozen roles and has been supplementing her income with freelance work. "I am committed to it just taking however long it takes at the moment," she says. Mcilwain says she's steadfast in her goals. "I've had to ask myself the question, 'Will I change my career paths?' And the answer is, 'No, I won't.' I'm going to just wait until I find the job that I want."