800K Oklahomans stressing over Social Security — as insiders warn of ‘system collapse’ within 90 days

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Now nether Trump-appointed leadership, the Social Security Administration (SSA) is eliminating 7,000 jobs, importantly reducing its workforce, portion closing respective SSA offices crossed the country.

And that leaves Oklahomans with questions.

“Is Social Security going to beryllium afloat funded? Are radical going to get their payments connected time? And volition determination beryllium radical astatine the Social Security Administration offices to reply questions if radical person them?” said Voskuhl.

This comes astatine a clip erstwhile a grounds fig of babe boomers are reaching status property — a improvement referred to arsenic Peak 65. And 2025 is the “peak” of Peak 65, with a grounds 4.18 cardinal Americans reaching the accepted status property of 65, according to a probe study by the Alliance for Lifetime Income’s Retirement Income Institute.

“Unlike older retired babe boomers, the bulk of Peak 65’ers don’t person pensions, which utilized to assistance capable that spread near by Social Security,” according to the report’s author, Jason Fichtner, enforcement manager of the institute and a erstwhile main economist astatine the SSA.

That means cuts to the Social Security workforce are coming astatine a clip erstwhile request for its services are astatine an all-time high. Former Social Security Commissioner Martin O’Malley told CNBC.com that caller actions by Elon Musk’s Department of Government Efficiency (DOGE) are putting the payment checks of much than 72.5 cardinal Americans astatine risk.

“Ultimately, you’re going to spot the strategy illness and an interruption of benefits,” O’Malley said. “I judge you volition spot that wrong the adjacent 30 to 90 days.”

Delays could beryllium disastrous for galore Americans. In 1 study, 42% of Americans aged 65-plus said they wouldn’t beryllium capable to spend basal necessities similar nutrient without their monthly check. For Americans astir to retire, staffing cuts and bureau closures could pb to delays successful processing their claims.