To Amend Section 3620 of the Revised Statutes with Respect to Payroll Deductions for Federal Employees: Hearing Before the Subcommittee on Financial Institutions Supervision, Regulation and Insurance of the Committee on Banking, Finance and Urban Affairs, House of Representatives, Ninety-seventh Congress, Second Session on H.R. 4703 ... March 11, 1982
United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Financial Institutions Supervision, Regulation and Insurance
U.S. Government Printing Office, 1982 - Civil service - 82 pages
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action additional administrative agency amendment appear appreciate authority Banking believe benefits bill cents Chairman Chairman St Germain changes charge for allotments Civil Service Coalition Committee concern Congress consider cost Council Defense credit unions designated direct deposit directly double economy effective elimination encourage savings established Executive expenses federal civilian employees Federal Credit Unions Federal employees federal government Finance and Urban financial institutions financial organizations follows hearing House impact increase individual interest League legislation loan March ment million National Association Oakar Office Office and Civil operating opportunity participation passed payroll allotments payroll deductions Post Office practice present President private sector processing proposed questions rates receiving record reduce regulation reported represent require respond result revised savings accounts savings allotment program sent service charges serving statement STATUTES Subcommittee suggest survey Thank trade Treasury Department United Urban Affairs Washington
Page 9 - I ask unanimous consent that my statement be included in the record at this point.
Page 67 - ... costs in the agency) ; plus (2) Twelve (12) cents for each remittance, as a single charge for the entire record accompanying the remittance, regardless of the number of payroll deductions listed (for all check preparation and mail preparation costs in the disbursing office, including postage). (b) In accordance with the provisions of section 501 of the Act of August 31, 1951, 65 Stat. 290, 31...
Page 9 - Thank you, Mr. Chairman, for giving me the opportunity to testify on HR 1250, the United States-Flag Passenger Vessel Act of 1993.
Page 68 - Office's role is to ensure that the Federal Government provides an array of personnel services to applicants and employees. Through a range of programs designed to develop and encourage the effectiveness of the Government employee...
Page 66 - ... a check that is drawn in favor of the organization and is for credit to the checking account of such employee or is for the deposit of savings or purchase of shares for such employee: Provided, That the agency shall not be reimbursed for the cost of sending one check requested by such employee but shall be reimbursed for the additional cost of sending any additional check requested by such employee by the financial organization to which such check is sent.
Page 26 - Although the benefits to financial Institutions are identical, the Government only charges these institutions for processing allotments of civilian employees working in the United States. The Government does not charge the same or similar organizations to handle military allotments or allotments of civilians working overseas.
Page 14 - I insert the following comments into the record, and with your permission, Mr. Chairman, I would like to read...
Page 17 - Council, the Independent Bankers Association of America, the National Association of Federal Credit Unions, the National Association of Mutual Savings Banks, the National Savings and Loan League, and the United States League of Savings and Loan Associations.