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B-205921 1 (1987-03-27)

handle is hein.gao/gaobadmql0001 and id is 1 raw text is: OThe Comptroler General of the United States Washington, D.C. 20548 Decision Railroad Retirement Board - Payment to Benefi- Matterof. ciaries of Dual Benefits Payments Account for Excess Deduction from Monthly Payments File: B-205921 Date: March 27, 1987 DIGEST Under a sequestration order issued by the President under Pub. L. No. 99-177, the Balanced Budget and Emer- gency Deficit Control Act of 1985, the Railroad Retire- ment Board reduced monthly payments made under the Dual Benefits Payments Account (Federal Windfall Subsidy). Excess amounts not required to be sequestered remained in the account but were not disbursed prior to the end of fiscal year 1986. Because the excess amounts were not included in any of the monthly payments made in fiscal year 1986, they did not constitute a part of the beneficiaries' entitlements, and therefore are not available for disbursement after the end of fiscal year 1986. See 62 Comp. Gen. 521 (1983). DECISION By letter of June 13, 1986, the Secretary to the Rail- road Retirement Board, on behalf of the Board, requested our decision concerning excess deductions from monthly payments made to beneficiaries of the Dual Benefits Payments Account (also known as the Federal Windfall Subsidy). Under a sequestration order issued on Febru- ary 1, 1986.(51 Fed. Reg. 4291) by the President under Pub. L. No. 99-177, 99 Stat. 1038, the Balanced Budget and Emergency Deficit Control Act of 1985, the appropri- ation for the account was reduced by 4.3 percent. As a result, the Board reduced monthly payments by 7.7 per- cent beginning in April 1986 in an effort to assure that the 4.3 percent reduction would be achieved during the remaining months of the fiscal year. This reduction continued through the end of fiscal year 1986. We are informed that the reduction in monthly benefits exceeded the ordered sequestration by approximately $2 million. The Board now wishes to know if the excess amounts with- held from the beneficiaries may be paid to them after the end of fiscal year 1986. a45- -7

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