legal · go-v.org

OPM responsibilities.

CFR · 2024-01-01 · US · Title 5

OPM will, in performance of this agreement: (a) Process the magnetic tape containing State tax transactions against the annuity roll once a month at the time monthly recurring payments are prepared for the United States Treasury Department. Errors that are identified will not be processed into the file, and will be identified and returned to the State for resolution via the monthly error report. Collections of State income tax will continue in effect until the State requesting the initial action supplies either a valid revocation or change. The magnetic tape must be received 35 days prior to the date of the check in which the transactions are to be effective. For example, withholding transactions for the July 1 check must be received 5 days prior to June 1. If the magnetic tape submitted by the State cannot be read, OPM will notify the State of this fact, and if a satisfactory replacement can be supplied in time for monthly processing, it will be processed. (b) Deduct from the regular, recurring annuity payments of an annuitant the amount he or she has so requested to be withheld, provided that: (1) The amount of the request is an even dollar amount, not less than Five Dollars nor more than the net recurring amount. The State may set any even dollar amount above Five Dollars as a minimum withholding amount. (2) The annuitant has not designated more than one other State for withholding purposes within the calendar year. The State can set any limit on (c) Retain the amounts wit

official document · source cfr-2024 · id 5:§ 841.1004