§ 4903.21 How do other Federal agencies use the offset process to collect debts from payments issued by PBGC?
§ 4903.22 What does PBGC do upon receipt of a request to offset the salary of a PBGC employee to collect a debt owed by the employee to another Federal agency?

Terms Used In CFR > Title 29 > Subtitle B > Chapter XL > Subchapter L > Part 4903 > Subpart C - Procedures for Offset of Pbgc Payments to Collect Debts Owed to Other Federal Agencies

  • Assets: (1) The property comprising the estate of a deceased person, or (2) the property in a trust account.
  • centralized offset: refer to the process by which the Treasury Department's Financial Management Service offsets Federal payments through the Treasury Offset Program. See 29 CFR 4903.1
  • Contract: A legal written agreement that becomes binding when signed.
  • Docket: A log containing brief entries of court proceedings.
  • Fiduciary: A trustee, executor, or administrator.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.