Social Security on the Brink? Ex-Chief Issues Dire Warning—But Here’s the Truth

Former Social Security Commissioner Martin O’Malley is sounding the alarm, claiming the system is at risk of collapsing. He blames severe staff shortages, outdated technology, and misinformation for the potential downfall of the program that supports millions of Americans.

O’Malley, who took office in December 2023, says he’s deeply concerned about the future of Social Security. But is his warning justified? While some of his concerns are valid, others might be exaggerated. Here’s a closer look at where he’s right—and where he’s wrong.

Why He’s Right

1. Staff Cuts Are Hurting the System

According to O’Malley, reductions in Social Security Administration (SSA) staff under the Trump administration have significantly affected services. Fewer workers mean longer wait times, delayed benefits, and an increased risk of system failures. The closure of multiple SSA field offices has only made things worse.

O’Malley warns that if these issues aren’t addressed soon, the agency could struggle to keep up with demand, leading to severe disruptions for beneficiaries.

2. The System Runs on Outdated Technology

One of the biggest concerns is that SSA’s computer systems are still running on COBOL, a programming language from 1959. Many of the experts who know how to maintain this system are approaching retirement, meaning the agency could lose critical IT staff in the coming years.

If these systems fail without proper replacements, millions of Americans could experience delays in receiving benefits.

3. Misinformation Is Undermining Public Trust

O’Malley is also pushing back against false claims that Social Security is riddled with fraud. Some reports have falsely alleged that payments are going to people who are hundreds of years old. In reality, the agency has strict safeguards, including audits and cross-referencing with Medicare and death records, to prevent fraud.

However, O’Malley warns that misinformation like this could make it harder for the SSA to gain public and political support for much-needed reforms.

Why He’s Wrong

1. Social Security Has Been in Trouble Before, and Survived

While the system faces challenges, this isn’t the first time Social Security has been on shaky ground. In the 1980s, similar concerns led to major reforms, including taxing benefits and adjusting payroll contributions. Those changes stabilized the program for decades.

O’Malley himself admits that the current problems are solvable. With the right policy changes, Social Security can remain strong for future generations.

2. Tech Upgrades Can Save the System

Although SSA’s reliance on outdated technology is a problem, it’s also an opportunity. The agency has already started exploring ways to modernize its systems. New investments in artificial intelligence and automation could help streamline operations, making the agency more efficient and less reliant on old systems.

What’s Next for Social Security?

O’Malley’s warnings shouldn’t be ignored, but they also aren’t a reason to panic. The system does need serious reforms, especially in staffing and technology, but history has shown that Social Security can be saved with the right actions.

For now, beneficiaries can rest assured that their checks will continue arriving. But as lawmakers debate the future of the program, one thing is clear—change is coming.