2022-28284: Notice on Penalty Inflation Adjustments for Civil Monetary Penalties
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The Social Security Administration is giving notice of its updated maximum civil monetary penalties. These amounts are effective from January 15, 2023 through January 14, 2024. These figures represent an annual adjustment for inflation. The updated figures and notification are required by the Federal Civil Penalties Inflation Adjustment Act Improvements Act of 2015.
The agency’s own summary, as published.
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