The following are not underpayments:
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Economic recovery payments; and
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Electronic fund transfer (EFT) payments made before the beneficiary’s death and returned
by the financial institution after the beneficiary’s death. These are part of the
estate and not underpayments.
NOTE: If a payee returns conserved or misused funds to the Social Security Administration
(SSA), and the beneficiary dies before we re-certify the funds to the beneficiary
or a new representative payee, we can pay the funds to the legal representative of
the beneficiary’s estate. For policy on payment of conserved funds to the beneficiary’s
estate, see subsection GN 00603.055B.5. For policy on payment of misused funds to the beneficiary’s estate, see GN 00604.060D.