Social Security

[Pete F.]

Social Security has never missed a benefit payment since the program first began sending individuals monthly benefits more than eight decades ago.
But the recent actions at the U.S. Social Security Administration by Elon Musk's so-called Department of Government Efficiency are putting monthly benefit checks for more than 72.5 million Americans at risk, former commissioner and former Maryland governor Martin O'Malley told CNBC.com.
"Ultimately, you're going to see the system collapse and an interruption of benefits," O'Malley said. "I believe you will see that within the next 30 to 90 days."
Ahead of any interruption in benefits, "people should start saving now," O'Malley said.

SSA administrative costs are around .5% it varies slightly year to year.
401K range from.5 to 2%


Here’s a comment left on SSA website
“ Calling the workforce “bloated” in an official publication is demeaning, demoralizing, and unprecedented. Acting Commissioner Lee Dudek should be ashamed.

As a retiree with 38 years of service for SSA, I can state that the vast majority of employees are dedicated to the agency’s mission and do their best to serve the public.

Recently, I called SSA’s 800 number to inquire about spousal benefits under the new law—only to be told the wait time was 120 minutes. Would that happen in a so-called “bloated” agency?

Elon Musk has no understanding of how the federal government operates. His involvement is solely for personal gain through government funding. The actions being taken are not only illegal but are also creating chaos, confusion, and a decline in service to the American people. These disgraceful actions need to stop.

The brain drain will have an impact for many years to come. This is just the beginning. Who will want to work for the federal government now, with the constant harassment? But I believe that is the point…gut SSA so that the agency cannot adequately perform its mission, then push again for privatization. I hope the public is paying attention.”