In this subpart—
Additional charges means interest, penalties, and/or administrative costs owed on a debt.
Annuitant means a retired employee or Member of Congress, former spouse, spouse, widow(er), or child receiving recurring benefits under the provisions of chapter 84 of title 5, United States Code.
Compromise is an adjustment of the total amount of the debt to be collected based upon the considerations established by the FCCS (4 CFR part 103).
Consumer reporting agency has the same meaning provided in 31 U.S.C. 3701(a)(3).
Debt means a payment of benefits to an individual in the absence of entitlement or in excess of the amount to which an individual is properly entitled.
Delinquent has the same meaning provided in 4 CFR 101.2(b).
FCCS means the Federal Claims Collection Standards (Chapter II of title 4, Code of Federal Regulations).
Offset means to withhold the amount of a debt, or a portion of that amount, from one or more payments due the debtor. Offset also means the amount withheld in this manner.
Reconsideration means the process of reexamining an individual's liability for a debt based on—
Proper application of law and regulation; and
Correctness of the mathematical computation.
Repayment schedule means the amount of each payment and the number of payments to be made to liquidate the debt as determined by OPM.
Retirement fund means the Civil Service Retirement Fund.
Voluntary repayment agreement means an alternative to offset that is agreed to by OPM and includes a repayment schedule.
Waiver is a decision not to recover a debt under authority of 5 U.S.C. 8470(b).
Copyright ©2024 LegalFix. All rights reserved. LegalFix is not a law firm, is not licensed to practice law, and does not provide legal advice, services, or representation. The information on this website is an overview of the legal plans you can purchase—or that may be provided by your employer as an employee benefit or by your credit union or other membership group as a membership benefit.
LegalFix provides its members with easy access to affordable legal services through a network of independent law firms. LegalFix, its corporate entity, and its officers, directors, employees, agents, and contractors do not provide legal advice, services, or representation—directly or indirectly.
The articles and information on the site are not legal advice and should not be relied upon—they are for information purposes only. You should become a LegalFix member to get legal services from one of our network law firms.
You should not disclose confidential or potentially incriminating information to LegalFix—you should only communicate such information to your network law firm.
The benefits and legal services described in the LegalFix legal plans are not always available in all states or with all plans. See the legal plan Benefit Overview and the more comprehensive legal plan contract during checkout for coverage details in your state.
Use of this website, the purchase of legal plans, and access to the LegalFix networks of law firms are subject to the LegalFix Terms of Service and Privacy Policy.