Yearly Social Security Mailing Will Stop

By: AP
By: AP

Social Security is going to stop mailing workers those yearly statements that say -- here's what you'd get if you retired at 62, 66, or 70.
The agency is trying to save money so it's making the information accessible on its website.
Social Security is hoping to make the transition by the end of the year. But Commissioner Michael Astrue says there are still some security issues to work out, so workers may have another year of mailed statements. He says those paper statements cost $70 million a year to mail.
The statements are sent to 150 million people each year and project future benefit payments. Some advocates note that not all people have access to computers or the internet.
The decision to suspend the mailings is related to Social Security's operating budget not the talk of a possible partial government shutdown.

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  • by Sans on Apr 11, 2011 at 06:20 AM
    It has been available on the website for several years. I would prefer not getting the mailings, as it has name, ss # and date of birth along with you entire lifetime earnings. This is one of their better ideas.
  • by Anonymous on Apr 11, 2011 at 05:46 AM
    This is a good idea. It is nice to start seeing people in government thinking of saving money. We need more conservatives running these offices so they can be fiscally responsible and not run up the credit card bill.
    • reply
      by connie on May 25, 2011 at 04:53 AM in reply to
      I agree and there is always security issues,stolen social security numbers,etc. online using.
  • by Lacy on Apr 8, 2011 at 07:45 AM
    Bad idea due to Breach of Information Possibility.
  • by Sue Location: Jackson on Apr 8, 2011 at 04:53 AM
    People who don't have access to a computer can always go to the library. Maybe they could allow people to call and request a copy for a nominal fee to pay for the processing and cost of mailing. Overall, I think this is a good idea.
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