[Code of Federal Regulations]
[Title 5, Volume 3]
[Revised as of January 1, 2001]
From the U.S. Government Printing Office via GPO Access
[CITE: 5CFR1606.12]

[Page 204]
 
                    TITLE 5--ADMINISTRATIVE PERSONNEL
 
         CHAPTER VI--FEDERAL RETIREMENT THRIFT INVESTMENT BOARD
 
PART 1606--LOST EARNINGS ATTRIBUTABLE TO EMPLOYING AGENCY ERRORS--Table of Contents
 
                    Subpart D--Lost Earnings Records
 
Sec. 1606.12  Agency responsibility.

    (a) The employing agency whose error caused the delayed or erroneous 
investment of money in the Thrift Savings Fund shall, in a manner 
consistent with paragraph (b) of this section, be ultimately responsible 
for payment of any lost earnings resulting from that error.
    (b) The employing agency that submitted payment records or loan 
allotments that are subject to lost earnings shall be responsible for 
submitting lost earnings records relating to those submissions, and any 
lost earnings calculated shall be charged to that employing agency. 
Where another employing agency committed the error that caused the 
delayed or erroneous submission by the first employing agency, the 
employing agency that was charged for the lost earnings may seek 
reimbursement from the other employing agency.