Notice of Verification Transaction Fee Increase for Consent Based Social Security Number Verification Service, 54389 [2023-17146]

Download as PDF Federal Register / Vol. 88, No. 153 / Thursday, August 10, 2023 / Notices rules/sro.shtml). Copies of the submission, all subsequent amendments, all written statements with respect to the proposed rule change that are filed with the Commission, and all written communications relating to the proposed rule change between the Commission and any person, other than those that may be withheld from the public in accordance with the provisions of 5 U.S.C. 552, will be available for website viewing and printing in the Commission’s Public Reference Room, 100 F Street NE, Washington, DC 20549, on official business days between the hours of 10 a.m. and 3 p.m. Copies of the filing also will be available for inspection and copying at the principal office of the Exchange. Do not include personal identifiable information in submissions; you should submit only information that you wish to make available publicly. We may redact in part or withhold entirely from publication submitted material that is obscene or subject to copyright protection. All submissions should refer to file number SR–CboeBZX–2023–053 and should be submitted on or before August 31, 2023. For the Commission, by the Division of Trading and Markets, pursuant to delegated authority.30 Sherry R. Haywood, Assistant Secretary. [FR Doc. 2023–17106 Filed 8–9–23; 8:45 am] BILLING CODE 8011–01–P SOCIAL SECURITY ADMINISTRATION [Docket No. SSA 2023–0017] Notice of Verification Transaction Fee Increase for Consent Based Social Security Number Verification Service Social Security Administration. Notice of fee increase. AGENCY: ACTION: The Social Security Administration (SSA) is announcing a fee increase for the Consent Based Social Security Number (SSN) Verification (CBSV) service. We provide a fee-based SSN verification service to enrolled private businesses and government agencies who obtain a valid, signed consent form from the Social Security number holder. DATES: Applicability date for fee increase: The verification transaction fee increase will go into effect on October 1, 2023. FOR FURTHER INFORMATION CONTACT: Vivian Adebayo, Branch Chief, Office of ddrumheller on DSK120RN23PROD with NOTICES1 SUMMARY: 30 17 CFR 200.30–3(a)(12). VerDate Sep<11>2014 17:28 Aug 09, 2023 Jkt 259001 Data Exchange, Policy Publications, and International Negotiations, Social Security Administration, 6401 Security Boulevard, Baltimore, Maryland 21235– 6401, (866) 395–8801, email CBSV@ ssa.gov. For information on eligibility or filing for benefits, call SSA’s national toll-free number, 1–800–772–1213 or TTY 1– 800–325–0778, or visit SSA’s internet site, Social Security Online, at https:// www.socialsecurity.gov. SUPPLEMENTARY INFORMATION: Based on the consent forms, we verify the number holders’ SSNs for the requesting party. The Privacy Act of 1974 (5 U.S.C. 552a(b)), section 1106 of the Social Security Act (42 U.S.C. 1306) and our regulation at 20 CFR 401.100, establish the legal authority for us to provide SSN verifications to third party requesters based on the written consent of the subject of the record. The CBSV process provides the business community and other government entities with consentbased SSN verifications in high volume. We developed CBSV as a user-friendly, internet-based application with safeguards that will protect the public’s information. In addition to the benefit of providing high volume, centralized SSN verification services to the business community in a secure manner, CBSV provides us with cost and workload management benefits. New Information: Currently, to use CBSV, interested parties must pay a one-time non-refundable enrollment fee of $5,000 and pay a fee of $1.00 per SSN verification transaction in advance of services. This $1.00 fee has been in place since fiscal year (FY) 2017. We calculate our costs periodically for providing CBSV services and adjust the fees as needed. We will notify our customers who currently use the service and allow them to cancel or continue using the service at the new transaction fee. Based on the most recent cost and transaction analysis, we will adjust the FY 2024 fee to $2.25 per SSN verification transaction in advance of services. New customers will still be responsible for the one-time $5,000 enrollment fee. The primary reason for the fee increase is the declining volume in CBSV services. CBSV transactional volumes have decreased from 3.1 million transactions in FY 2021 to 2.1 million transactions in FY 2022. For FY 2023, we are projecting less than 1 million transactions based on current usage. Due to the significant decline in transactions, the per transaction costs are increasing. We will reevaluate transactional volumes in FY 2024. If the transaction volumes continue to PO 00000 Frm 00101 Fmt 4703 Sfmt 4703 54389 decline, we will issue a subsequent notice to increase the CBSV fees again during FY 2024. We note that any unused advances and any fees collected in excess of our actual costs per transactions each year for CBSV services are refunded after the end of the fiscal year. Stephen Evangelista, Acting Deputy Commissioner, Office of Retirement and Disability Policy, Social Security Administration. [FR Doc. 2023–17146 Filed 8–9–23; 8:45 am] BILLING CODE 4191–02–P SOCIAL SECURITY ADMINISTRATION [Docket No. SSA–2023–0007] Privacy Act of 1974; Matching Program AGENCY: Social Security Administration (SSA). Notice of a new matching program. ACTION: In accordance with the provisions of the Privacy Act, as amended, this notice announces a new matching program with the Bureau of the Fiscal Service (Fiscal Service), Department of the Treasury (Treasury). Under this matching program, Fiscal Service, Treasury will disclose savings security data to SSA. SSA will use the data to determine continued eligibility for Supplemental Security Income (SSI) applicants and recipients SSA will also use the data to determine the correct benefit amount for recipients and deemors who either did not report or who incorrectly reported their ownership of savings securities. DATES: The deadline to submit comments on the proposed matching program is September 11, 2023. The matching program will be applicable on December 26, 2023, or once a minimum of 30 days after publication of this notice has elapsed, whichever is later. The matching program will be in effect for a period of 18 months. ADDRESSES: You may submit comments by any one of three methods—internet, fax, or mail. Do not submit the same comments multiple times or by more than one method. Regardless of which method you choose, please state that your comments refer to Docket No. SSA–2023–0007 so that we may associate your comments with the correct regulation. Caution: You should be careful to include in your comments only information that you wish to make publicly available. We strongly urge you not to include in your comments any personal information, such as Social SUMMARY: E:\FR\FM\10AUN1.SGM 10AUN1

Agencies

[Federal Register Volume 88, Number 153 (Thursday, August 10, 2023)]
[Notices]
[Page 54389]
From the Federal Register Online via the Government Publishing Office [www.gpo.gov]
[FR Doc No: 2023-17146]


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SOCIAL SECURITY ADMINISTRATION

[Docket No. SSA 2023-0017]


Notice of Verification Transaction Fee Increase for Consent Based 
Social Security Number Verification Service

AGENCY: Social Security Administration.

ACTION: Notice of fee increase.

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SUMMARY: The Social Security Administration (SSA) is announcing a fee 
increase for the Consent Based Social Security Number (SSN) 
Verification (CBSV) service. We provide a fee-based SSN verification 
service to enrolled private businesses and government agencies who 
obtain a valid, signed consent form from the Social Security number 
holder.

DATES: Applicability date for fee increase: The verification 
transaction fee increase will go into effect on October 1, 2023.

FOR FURTHER INFORMATION CONTACT: Vivian Adebayo, Branch Chief, Office 
of Data Exchange, Policy Publications, and International Negotiations, 
Social Security Administration, 6401 Security Boulevard, Baltimore, 
Maryland 21235-6401, (866) 395-8801, email [email protected].
    For information on eligibility or filing for benefits, call SSA's 
national toll-free number, 1-800-772-1213 or TTY 1-800-325-0778, or 
visit SSA's internet site, Social Security Online, at https://www.socialsecurity.gov.

SUPPLEMENTARY INFORMATION: Based on the consent forms, we verify the 
number holders' SSNs for the requesting party. The Privacy Act of 1974 
(5 U.S.C. 552a(b)), section 1106 of the Social Security Act (42 U.S.C. 
1306) and our regulation at 20 CFR 401.100, establish the legal 
authority for us to provide SSN verifications to third party requesters 
based on the written consent of the subject of the record. The CBSV 
process provides the business community and other government entities 
with consent-based SSN verifications in high volume. We developed CBSV 
as a user-friendly, internet-based application with safeguards that 
will protect the public's information. In addition to the benefit of 
providing high volume, centralized SSN verification services to the 
business community in a secure manner, CBSV provides us with cost and 
workload management benefits.
    New Information: Currently, to use CBSV, interested parties must 
pay a one-time non-refundable enrollment fee of $5,000 and pay a fee of 
$1.00 per SSN verification transaction in advance of services. This 
$1.00 fee has been in place since fiscal year (FY) 2017. We calculate 
our costs periodically for providing CBSV services and adjust the fees 
as needed. We will notify our customers who currently use the service 
and allow them to cancel or continue using the service at the new 
transaction fee. Based on the most recent cost and transaction 
analysis, we will adjust the FY 2024 fee to $2.25 per SSN verification 
transaction in advance of services. New customers will still be 
responsible for the one-time $5,000 enrollment fee.
    The primary reason for the fee increase is the declining volume in 
CBSV services. CBSV transactional volumes have decreased from 3.1 
million transactions in FY 2021 to 2.1 million transactions in FY 2022. 
For FY 2023, we are projecting less than 1 million transactions based 
on current usage. Due to the significant decline in transactions, the 
per transaction costs are increasing. We will reevaluate transactional 
volumes in FY 2024. If the transaction volumes continue to decline, we 
will issue a subsequent notice to increase the CBSV fees again during 
FY 2024. We note that any unused advances and any fees collected in 
excess of our actual costs per transactions each year for CBSV services 
are refunded after the end of the fiscal year.

Stephen Evangelista,
Acting Deputy Commissioner, Office of Retirement and Disability Policy, 
Social Security Administration.
[FR Doc. 2023-17146 Filed 8-9-23; 8:45 am]
BILLING CODE 4191-02-P
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