President signs debt plan: New Yorkers will get their Social Security benefits on time

Just in case you were wondering…

WASHINGTON – New York State seniors will get their Social Security payments on time, now that a compromise debt plan has been signed by the president.

Commissioner of Social Security Michael Astrue announced that Social Security payments for August 3rd will be made on time and as scheduled.  Payments for August 10th, 17th, and 24th also will be made as scheduled.

“I am happy to announce there will be no delay in the payment of August Social Security benefits,” Astrue said, “which should be a relief to those people who were concerned about their benefits.  I’m pleased the President and Congress were able to come together in a bipartisan fashion to avoid an interruption in payments.”

People still receiving paper checks from Social Security should consider signing up for Direct Deposit, the secure and convenient way to receive Social Security payments.  All current beneficiaries must switch to electronic payments by March 1, 2013.