A beneficiary's entitlement to SVB terminates the month after the month of death (T01).
SVB payments issued after the month of death are not considered overpayments except
when a representative payee negotiates a payment made after the date of the SVB beneficiary's
death (GN 02602.050A.4.). See GN 02408.301 for procedures on handling incorrect SVB payments made after death of the beneficiary.
If a pre-existing SVB overpayment remains outstanding upon the death of the SVB recipient,
see VB 02005.101.
SVB payments cannot be certified once a beneficiary is placed in T01 status on the
SSR. As a result, SVB underpayments are not payable and are reverted to the U.S. Treasury.
Even unnegotiated SVB checks correctly paid for months of SVB entitlement prior to
death are not considered underpayments and these checks are not to be cashed after
the date of the SVB beneficiary's death.