20 CFR 361.12 - Procedures for salary offset: Types of collection.

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Title 20: Employees' Benefits

CHAPTER II: RAILROAD RETIREMENT BOARD

SUBCHAPTER F: INTERNAL ADMINISTRATION, POLICY AND PROCEDURES

PART 361: RECOVERY OF DEBTS OWED TO THE UNITED STATES GOVERNMENT BY GOVERNMENT EMPLOYEES

361.12 - Procedures for salary offset: Types of collection.

A debt will be collected in a lump sum or in installments. Collection will be effected in one lump sum collection unless the employee is financially unable to pay in one lump sum, or if the amount of the debt exceeds 15 percent of disposable pay. In these cases, deduction will be by installments.

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