About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline
LOG IN
LOG IN

B-192415 1 (1979-03-01)

handle is hein.gao/gaobadgzb0001 and id is 1 raw text is: DECISION / ~ THE COMPTROLLER GENERAL (~<. ~OF THE UNITED STATES W. \ASHINGTON, 0. C. 2054 FILE: B - AT me her 1 n7 FIL E O :'InereDATE: M rch 1,1 M'ATTER 0r':-Kf ~l-,Interest Reiiursement ke6~1~ Interest accrued on state retirement contribution after state employee, who had been temporarily assigned to Federal Home Loan Bank Board under Intergovern- mental Personnel Act of 1970, returned to employment with California State University. Interest is payable only when provided for in contract or when specifically directed by statute. Board did not agree to pay interest, and 5 U.S. C. § 3374(e) authorizes but does not require Federal executive agency to pay employer's state retirement contribution covering period of Federal assignment. In absence of agreement, Board is not obligated topay the interest charge. This responds to a request for decision from. Ms. Fredda T. Walker, authorized certifying officer of the Federal Home Loan Bank Board, concerning the claim of Mr. Lyle Kalish for interest on the employer's contribution to -Mr.- Kalish's retirement account with the State of California Public Employees' Retirement System. The issue is whether the Board may legally pay the interest. The Intergovernmental Personnel Act of 1970 in 5 U. S. C. § 3374(e) (1976) provides that a Federal executive agency which appoints a state or local government employee under the Act may pay the employer's contribution to his retirement plan if the state or local government fails to pay it for the period of the Federal assignment. The statute is silent as to the payment of interest on such contributions. Mr. Kalish, Assistant Professor of Economics at California State University, was appointed under 5 U. S. C. § 3374(a)(1) to serve as a Board employee between August 4, 1976, and July 30, 1977. When Mr. Kalish was first appointed, the Board asked the University what the amount of the employer's s'hare of retirement contribution was. The University informed the Board that the Board could not pay the employer's contribution until Mr. Kalish returned to the University. In accordance with sections 20930(i) and 20932 of the California Government Code, Mr. Kalish could elect to obtain state retirement DIGEST:

What Is HeinOnline?

HeinOnline is a subscription-based resource containing thousands of academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Contact us for annual subscription options:

Contact Us

Already a HeinOnline Subscriber?

Log In

profiles profiles most