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Recovering Pension Overpayments, Including for Deceased Beneficiaries

This act aims to recover overpaid pension benefits, especially those paid to deceased individuals. It introduces new audit and control rules to ensure taxpayer money is not wasted. Citizens can be assured that the benefits system will be more transparent and efficient.
Key points
Requires the recovery of overpaid pension benefits, including those disbursed to deceased individuals.
Mandates the pension agency to audit beneficiary data, including cross-referencing with death records.
Ensures that recovered overpayments are returned to the Treasury, aiming for better management of public funds.
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Additional Information
Print number: 118_HR_7135
Sponsor: Rep. Foxx, Virginia [R-NC-5]
Process start date: 2024-01-30