Source: https://www.law.cornell.edu/cfr/text/5/appendix-A_to_subpart_H_of_part_550
Timestamp: 2017-01-18 08:10:44
Document Index: 594633788

Matched Legal Cases: ['art 550', 'art 550', 'art_550', 'art 550', '§ 550', '§ 550', '§ 550']

5 CFR Appendix A to Subpart H of Part 550, Information on Computing Certain Common Deductions From Back Pay Awards | US Law | LII / Legal Information Institute
CFR › Title 5 › Chapter I › Subchapter B › Part 550 › Subpart H › Appendix A_to_subpart_H_of_part_550 5 CFR Appendix A to Subpart H of Part 550, Information on Computing Certain Common Deductions From Back Pay Awards
Compute the deduction based on adjusted gross back pay (gross back pay less the offset for outside earnings under § 550.805(e)(1)
, but before adding interest). The deduction may be reduced dollar-for-dollar by the amount of any Social Security or Medicare taxes that were withheld from erroneous payments made in the same calendar year as the back pay award, but only if - (1) Those erroneous payments were actually recovered by the Government by offsetting the back pay award as provided in § 550.805(e)(2)
, but before adding interest) less any part of back pay not subject to income tax deductions, such as nonforeign area cost-of-living allowances and contributions to the Thrift Savings Plan that are deducted from the pay of the employee. The deduction may be reduced dollar-for-dollar by the amount of any Federal income taxes withheld from erroneous payments made in the same calendar year as the back pay award, but only if - (1) Those erroneous payments were actually recovered by the Government by offsetting the back pay award as provided in § 550.805(e)(2)