About CEPS

CEPS provides assistance for individuals who have difficulty managing their day-to-day financial affairs. Our services are designed to meet each client's individual money management needs while serving as representative payee. This includes establishing and maintaining a monthly budget, paying monthly bills, creating savings goals, organization and keeping track of financial records, negotiating with creditors, and protecting them from financial fraud, abuse, or exploitation. We provide the means to prolong independent living for those who are at risk, simply because they became unable to manage their financial affairs.

Our clients are people who want or need assistance dealing with their day-to-day financial matters. Whether for a short period of time or for more extended need, we serve a population of people who are most vulnerable to losing or having lost their independence.

BACKGROUND

The Social Security Administration provides financial assistance through (SSI/SSA) payments to elderly and disabled individuals. Occasionally, due to the severity of the disability or other situational factor, some of the people authorized to receive these SSI/SSA benefits are unable to adequately manage their funds. As a result, Congress has created a law whereby non-profit community based organizations are allowed to act as the individual's financial representative.

Under protection of this program, the benefits are issued to a non-profit third party who then manages the funds for the individual. By law, the fees for this service are limited to $48 per month or 10% of the benefit amount, whichever is lower. Anyone receiving SSI/SSA benefits and who may not be in a position to manage their funds are eligible for the service.  Click here to enroll