With a volatile economy and rapidly changing employment, it’s essential to rely on the most-current and authentic information for Social Security Administration (SSA) program determinations. As desperate times call for desperate measures – agencies across the board are finding more applicant fraud, in unreported income or underreported income, than ever before. Equifax Verification Services provides a current view of the applicant’s salary detail, direct from the most recent employer payroll, for use with SSA eligibility determination for Retirement, Disability and Supplemental Security Income (SSI) programs.
Equifax is the largest provider of employer direct income information – maintaining nearly 55 million current employment records, and constantly growing. We also verify current income on any employed or self-employed individual not available on our instant service through a specialized Researched Verification center. Our service rapidly verifies any payroll income – online or in batch – to streamline eligibility and audit functions for both fraud and compliance. That’s important in a market environment where applicants are financially challenged and agencies are burdened with flat budgets and reduced resources.
The Social Security Administration leverages Equifax’s current employment & income information in tandem with other Public Sector data for a complete picture of the applicant’s financial situation. The SSA finds value in Equifax data for on-the-spot medical and disability reviews to determine if a beneficiary remains eligible, as well as for SSI re-determinations to re-evaluate any nonmedical factors that would affect continued eligibility or payment amounts.
With the President’s improper payments initiative at the top of the agenda – leveraging Equifax’s assets has become a growing trend of all welfare agencies that adds significant value to performance.
Keep ahead of fraud and improve integrity results -- use Equifax Verification Services.