[Code of Federal Regulations]
[Title 41, Volume 3]
[Revised as of July 1, 2005]
From the U.S. Government Printing Office via GPO Access
[CITE: 41CFR105-56.029]

[Page 431-432]
 
           TITLE 41--PUBLIC CONTRACTS AND PROPERTY MANAGEMENT
 
              CHAPTER 105--GENERAL SERVICES ADMINISTRATION
 
PART 105-56_SALARY OFFSET FOR INDEBTEDNESS OF FEDERAL EMPLOYEES TO THE 
UNITED STATES--Table of Contents
 
   Subpart C_Centralized Salary Offset (CSO) Procedures_GSA as Paying 
                                 Agency
 
Sec. 105-56.029  Offset amount.

    (a) The minimum dollar amount of salary offset under this subpart is 
$100.
    (b) The amount offset from a salary payment under this subpart will 
be the lesser of--
    (1) The amount of the debt, including any interest, penalties and 
administrative costs; or

[[Page 432]]

    (2) Up to 15 percent of the debtor's disposable pay.
    (c) Alternatively, the amount offset may be an amount agreed upon, 
in writing, by the debtor and the creditor agency.
    (d) Offsets will continue until the debt, including any interest, 
penalties, and administrative costs, is paid in full or otherwise 
resolved to the satisfaction of the creditor agency.