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§ 839.1203 Can OPM compensate me for my losses if I did not take any legal action against my employer, but did incur some expenses because of a qualifying retirement coverage error?
Regulation
5 CFR 839.1203
Text
6 passages
5 CFR 839.1203(a)(a) The FERCCA allows OPM, in its sole discretion, to compensate you for a monetary loss that is a direct and proximate result of your retirement coverage error.
5 CFR 839.1203(b)(b) Monetary losses include payments of additional Social Security taxes, payment of additional retirement deductions, and other out-of-pocket expenses that you incurred because of a retirement coverage error.
5 CFR 839.1203(c)(c) You must substantiate your claim for losses with any evidence that supports your request.
5 CFR 839.1203(d)(d) OPM cannot pay you for:
5 CFR 839.1203(d)(1)(1) Claimed losses related to forgone contributions and earnings under the TSP, other than lost earnings on make-up contributions to the TSP as provided in subpart J of this part; and
5 CFR 839.1203(d)(2)(2) Claimed losses related to any other investment opportunities.
About
- Type
- Regulation section
- Citation
- 5 CFR 839.1203
- Last amended
- 2017-01-01
Amendment history
- 2017-01-01Can OPM compensate me for my losses if I did not take any legal action against my employer, but did incur some expenses because of a qualifying retirement coverage error?