The Social Security Administration (SSA) has announced that it plans to fully recover all overpayments to beneficiaries. The SSA previously abandoned the policy last year following public outrage over beneficiaries losing their monthly payments.

The average payment amount is approximately $1,850, though individual benefits vary based on earnings history and the age at which a beneficiary claimed Social Security. This March 12 payment is designated for Group 2 retirees, which includes:

The SSA has announced that it will tackle the issue of overpayment of benefits, estimated to represent less than one percent of all the more than 800 millio