The Social Security Administration (SSA) said in a release that it has identified over $800 million in savings or “cost avoidance” for the fiscal year 2025 among information technology, grants,

The SSA said in a press release issued on March 3 that it has implemented "cost-saving and cost-avoidance" measures.

Despite most of the agency being exempt from deferred resignations and the government-wide hiring freeze, early retirement and Voluntary Separation Incentive Payments are now available to the entire agency workforce.

The agency is also restructuring and closing six of 10 regional offices that coordinate and provide support to employees who serve beneficiaries.

“This is going to lead to total system collapse,” O’Malley told The Baltimore Sun. “It’s a very old, fragile computer system in (COBOL) language, which isn’t even in schools anymore.” In a social media post made Friday, O’Malley went on to say he expects benefit interruptions to start soon.

WASHINGTON (AP) — The Social Security Administration is preparing to lay off at least 7,000 people from its workforce of 60,000, according to a person familiar with the agency’s plans who is not authorized to speak publicly. The workforce reduction, according to a second person who also spoke on the condition of anonymity, could be as high as 50%.

More than a month later, an Aurora man still is fighting to reinstate his retirement checks, and can’t seem to get a clear answer on whether the Social Security Administration recognizes