Source: http://www.law.cornell.edu/cfr/text/5/550.1103
Timestamp: 2013-05-24 05:45:22
Document Index: 446563337

Matched Legal Cases: ['art 550', '§ 550', '§ 550', 'arts 581', '§ 581', 'arts 101']

5 CFR 550.1103 - Definitions. | Title 5 - Administrative Personnel | Code of Federal Regulations | LII / Legal Information Institute
CFR › Title 5 › Chapter I › Subchapter B › Part 550 › Subpart K › Section 550.1103	prev | next
5 CFR 550.1103 - Definitions.
§ 550.1103
Creditor Agency means the agency to which the debt is owed, including a debt collection center when acting in behalf of a creditor agency in matters pertaining to the collection of a debt (as provided in § 550.1110 ).
Disposable pay means that part of current basic pay, special pay, incentive pay, retired pay, retainer pay, or in the case of an employee not entitled to basic pay, other authorized pay remaining after the deduction of any amount required by law to be withheld (other than deductions to execute garnishment orders in accordance with parts 581 and 582 of this chapter ). Among the legally required deductions that must be applied first to determine disposable pay are levies pursuant to the Internal Revenue Code (title 26, United States Code) and deductions described in § 581.105(b) through (f) of this chapter.
FCCS means the Federal Claims Collection Standards published in 4 CFR parts 101 through 105.
Waiver means the cancellation, remission, forgiveness, or non-recovery of a debt allegedly owed by an employee to an agency as permitted or required by 5 U.S.C. 5584, 10 U.S.C. 2774, or 32 U.S.C. 716, 5 U.S.C. 8346(b), or any other law.
[49 FR 27472, July 3, 1984, as amended at 51 FR 16670, May 6, 1986; 63 FR 72100, Dec. 31, 1998; 74 FR 23938, May 22, 2009]