Showing 2 ideas for tag "lsdp"

Social Security Administration

Eliminate the SSA Lump Sum Death Payment

The amount of work that the death payments produce is significantly higher than the payment itself. In addition, the payment is insignificant. $250 does little to nothing in compensating an individual for funeral expenses. The elimination of this provision would save the agency millions in operations costs, policy upkeep and oversight.

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Social Security Administration

One Time Lump Sum Death Payment

Eliminate the one time payment of $255.00 to spouses/dependent children. Over $200 million in Lump Sum Death Benefits have been paid out every year since 1963. At only $255, many beneficiaries (especially those not entitled to benefits other than this) often feel disrespected by the payment, potentially causing PR issues. In addition to the basic disrespect, burial/funeral costs are much more than this payment can... more »

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