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, L982 |
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adjusted operating expenses allotment fee AMEND SECTION 3620 Association of Federal BILL LOWERY BILL MCCOLLUM CARROLL HUBBARD Chairman ST GERMAIN charge for allotments Coalition Committee COMMITTEE ON BANKING Compensation and Employee Congress Credit Union Council Credit Union National credit unions serving Defense credit unions designated financial institution direct deposit program DOUG BARNARD encourage savings federal civilian allotments Federal civilian employees Federal Credit Unions federal government fees for allotments Finance and Urban financial institutions financial organizations FRANK ANNUNZIO HOYER impact Individual Retirement Accounts JIM LEACH JIM MATTOX legislation MARY ROSE OAKAR ment military personnel NAFCU Nestlerode NORMAN D number of allotments Office and Civil payroll allotment program payroll savings Post Office private sector proposed increase reimbursed RESPECT TO PAYROLL REVISED STATUTES ROBERT GARCIA savings accounts savings allotment program savings and loan savings programs service charges statement STENY H Thank trade association Treasury Department Union National Association Urban Affairs USER FEE Washington
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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.