In April, the Social Security Administration began suspending the mailing of annual Social Security benefits estimates. A general movement of information from printed to digital format and a continued struggle to agree on a federal budget are to blame for the change.
Social Security spokesman Mark Lassiter said that “in light of the current budget situation, [they] are suspending the mailing of the annual statements” which began in April 2011.
Congresses’ inability to agree on a budget for the current fiscal year means that most federal agencies, including the Social Security Administration, are running on last year’s spending levels.
The annual Social Security benefit statement, which contains a summary of an individual’s earnings history and estimated retirement benefits at various ages, tends to arrive about three months before the worker’s birth month. So those “born in July will likely be the first ones who won’t get the annual statement,” Lassiter says. However, workers can still get an estimate of their projected retirement benefits based on their actual work history at www.ssa.gov/estimator.
Lassiter also stated that “the long-term plan is to allow the public to access the statement online,” and that they are working hard, but do not have a timetable for the change just yet.
The agency estimates that it will save $30 million by suspending mailings for the remainder of the fiscal year, ending in September, and that an additional $60 million will be saved next year by restricting the mailings to workers ages 60 and older.