§ 102-118.530 - Will GSA instruct my agency's disbursing offices to offset unpaid TSP billings?

§ 102-118.530 Will GSA instruct my agency's disbursing offices to offset unpaid TSP billings?

Cross Reference

Link to an amendment published at 87 FR 32326, May 31, 2022.

Yes, GSA will instruct one or more of your agency's disbursing offices to deduct the amount due from an unpaid TSP's bill. A 3-year limitation applies on the deduction of overcharges from amounts due a TSP (31 U.S.C. 3726) and a 10-year limitation applies on the deduction of ordinary debts . For ordinary debt there is no limitation on the period within which an offset may be initiated or taken (31 U.S.C. 3716).

[65 FR 24569, Apr. 26, 2000, as amended at 87 FR 32326, May 31, 2022]