Improper Payments Experience
The chart below* shows the improper payment experience for the Retirement, Survivors, and Disability Insurance (RSDI) program for fiscal years (FY) 2010 - 2012. We calculate the underpayment rate by dividing underpayment dollars by dollars paid, and we calculate the overpayment rate by dividing overpayment dollars by dollars paid. The percentages and dollar amounts presented in the table below are correct based on actual numbers used from the source data, but there may be differences in the calculated underpayment and overpayment rates due to rounding.
|RSDI Improper Payments Experience FY 2010 - FY 2012 ($ in millions)|
|FY 2010||FY 2011||FY 2012|
Note: The information in this chart is projected from a random sample of payments made in each of the years.
Historical data is also available in Excel Format by clicking here.
*For more information regarding this statistical analysis, please visit our Agency Financial Report.
Improper Payments Targets
In the RSDI program, our goal is to maintain accuracy at 99.8 percent for both underpayments and overpayments. The chart below details the RSDI target accuracy goals for FYs 2013 - 2015.
|RSDI Improper Payments Reduction Outlook FY 2013 - FY 2015 ($ in millions)|
|FY 2013||FY 2014||FY 2015|
|Projected Payments||Rate||Projected Payments||Rate||Projected Payments||Rate|
This data is also available in Excel format by clicking here.