BASIC (08-06)

A. Policy – General

An SVB payment is considered made when SSA certifies payment to the Treasury Department (TD). A payment is not considered to be made if the payment is returned to SSA.

Regular monthly SVB payments are dated the 2nd day of the month for which the payment is due. When the first day of a month falls on a Saturday, Sunday or legal holiday, the SVB payment for that month will be dated the first preceding day that is not a Saturday, Sunday or legal holiday. This could result in a payment date preceding the month for which SVB is payable. When this occurs, the payment will be considered certified on the first day of the month following the month the payment is actually dated.

EXAMPLE: SVB payment for January 2004 is dated December 31, 2003 (the first day preceding the January 1 legal holiday that is not a Saturday, Sunday or legal holiday). Although SSA certified payments to the TD in December, payments are considered paid on January 1, 2004.

B. Examples – Situations that are Overpayments

SVB payment is certified and it is later determined that payment exceeded the amount payable.

Both the original SVB check and an emergency/replacement check for the same period are negotiated as explained in GN 02230.040.

A representative payee negotiates an SVB payment that was certified after the death of the beneficiary (VB 02005.110C.2.).

C. Examples – Situations that are not Overpayments

SVB payments made after the month of the beneficiary’s death (unless a representative payee negotiates a payment certified after the month of death per VB 02005.110C.2.).

SVB checks negotiated by unauthorized person(s), (e.g., forged).

Unnegotiated checks.