1 Flashcards

1
Q

What two options can be used to change or stop an allotment?

A

Allotment worksheet or a pen and ink change to the les.

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2
Q

What institutions can allotments not go to?

A

Finance companies and insurance companies (except for life insurance).

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3
Q

What is the maximum number of allotment a mbr can have in force at one time?

A

14

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4
Q

What must each allotment have if going to the same payee?

A

A separate and distinct account number.

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5
Q

Who is authorized to have allotments from pay?

A

Active duty mbrs, Reservist on ADT for 140 or more days, and retired mbrs.

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6
Q

What is the maximum number of loan allotments a mbr can have?

A

2.

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7
Q

How many days must the mbr wait before filing a non receipt of allotment check worksheet?

A

5 postal days

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8
Q

How many savings allotments can a mbr have?

A

No designated limit for active duty, and retirees can only have 1.

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9
Q

How many insurance allotments can a mbr have?

A

No designated limit.

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10
Q

What is the minimum lump sum repayment amount?

A

$500.00.

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11
Q

What is the minimum period that a loan allotment should not be changed?

A

1 year.

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12
Q

While on active duty when are allotments not authorized?

A

When liquidating advance pay and allowances.

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13
Q

When will an allotment be stopped by HRSIC?

A

When any change in status (i.e. reduction in grade) does not leave enough funds for the existing allotments.

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14
Q

When must an allotment process in PMIS to show up in the following months pay?

A

Prior to the end of month compute.

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15
Q

Is a general power of attorney acceptable to make changes to an allotment?

A

No, it must specifically authorize changes to allotments.

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16
Q

What happens to an allotment upon death of the allotter?

A

All allotments are revoked.

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17
Q

Who is responsible to ensure that allotments adhere to the regulations?

A

The SPO.

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18
Q

What are the regulations concerning charity allotments?

A

Minimum of $1.00, expire at the end of the calendar year, cannot be stopped for 3 months

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19
Q

Who can submit “T” (garnishment) allotments?

A

PSC(only).

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20
Q

How many clothing checkage allotments can be made at one time?

A

One.

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21
Q

How long will PSC take to issue a EFT payment in case of a non receipt of an allotment?

A

Normally, 3 Business days after email/trouble ticket is submitted

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22
Q

How long must a mbr wait to submit lost bond worksheets?

A

30 days after the bonds normal arrival date.

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23
Q

Where are bonds allowed to be mailed to?

A

Addresses in the US (possessions and territories), Mexico, Canada and APO/FPO.

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24
Q

Why can’t a mbr receive a refund of MGIB money paid in?

A

Because the money was actually a reduction in basic pay rather than an allotment.

25
What is the form number for the allotment worksheet?
CG-PPC-2040
26
Where is the allotment worksheet found?
3PM, Encl 1.
27
Change transactions may only be used to change what?
The amount.
28
How many allotments may be started and/or stopped on one allotment authorization?
Three.
29
What is the maximum amount (face amount) of bonds which may be purchased and held by any one persons in any one calendar year?
$30,000.
30
What is the minimum amount a mbr can have deducted monthly to purchase a bond?
$12.50 (to purchase a $100.00 bond)
31
What is the maximum amount a mbr can have deducted monthly to purchase a bond?
$500.00 (over one month to purchase a $1000.00 bond)
32
How would you report a missing bond?
CG-PPC-2050.
33
With the exception of what two allotments only one allotment of any type is allowed to the same payee?
Bond and loan allotments.
34
How many and what types of non-discretionary allotments are there?
Eight, B (Bond), C (CGC), E or F (VEAP), L (Mutual assistance, credit union, or bank), T (indebtedness).
35
. How many and what types of discretionary allotments are there?
Six, D (Dependents), H (Home loan), I (insurance), M (navy mutual aid), N (USGLI), O (other, S (savings/checking), X (CG association).
36
What is the maximum amount that can be withheld for delinquent support payments?
50% of disposable earnings in any month that the mbr shows proof he/she is supporting another dependent, 60% for in any month proof is not shown, and an additional 5% anytime payments are in arrears.
37
Can a pen and ink change to the LES be used to start or stop an allotment?
Yes.
38
What form must be mailed to the bureau of public debt when lost, stolen or mutilated savings bonds are reported?
PD-3062 is completed by the mbr and forwarded to the BPD. Instructions are on the form.
39
How long does PSChave to notify a member that notice of support order has been received, of the percentages that may be withheld, and that the mbr, may submit documentation that the notice is in error.
15 calendar days to notify mbr at their unit, command must submit notice to PSCthat mbr has been legally advised with 30 dys of notice.
40
When a support payment allotment must be started by PSCand allotments must be stopped to satisfy the order unless mbr states otherwise in what order are allotments stopped?
C, B, X, S, E (or F), L, D, H, I, M, and N.
41
What is the maximum amount of pay that may be taken to satisfy a garnishment order?
The lesser of 25% of mbrs pay or the maximum amt under applicable state law.
42
Names some types of pay that may not be included in the 25% of available pay for garnishment rule?
Subsistence pay, CMA,
43
What are the two types of bonds that are available to mbrs?
Series EE, Series I
44
How do you start, stop and make address changes to a bond?
Using PSC form 2060
45
If a mbr wants to raise their GI Bill by making an additional contribution of $600, in what increments can the “K” type allotment be made in?
In $20 increments
46
For purposes of satisfying a commercial judgment, how long must a reservist be ordered to active duty for PSC to start an involuntary allotment?
180 days.
47
Which allotments are NOT available via the self service option in direct access?
CFC, MGIB, Loan repayment (CGMA, Red cross),
48
Can you carry an allotment for rent into retirement?
Rent No, Home loan Yes
49
What are special payments?
Payments of pay and allowances not paid on a regular semimonthly payroll cycle
50
When are special payments made?
When pay discrepancies meets the following criteria: 10% of total pay, $150.00 or more, create a financial hardship, and not be scheduled to be reimbursed the next payday.
51
What is non-receipt of pay?
Check that is 5 or more working days late, EFT not received, or received but lost or stolen.
52
What is a pay discrepancy?
LES reflects a different amount than what was received, or an entitlement was not paid.
53
What is the time frame to file a non-receipt of allotment?
5 postal dys after the date of the check
54
What happens if non-receipt is submitted more than 45 dys form the check date?
The Treasury must determine status and rectify.
55
What is the time frame for non-receipt of a savings bond?
Mbr must wait 30 dys from the expected delivery date
56
What does the SPO do when a bond is missing?
Sends an email to BONDS/HRSIC
57
Who must sign the lost bond explanation letter (that is sent to HRSIC)?
The registered owner of the bond.
58
Where else might a mbr receive lost bond recovery services?
At any bank which issues bonds.
59
Can a mbr receive a special payment for a pay discrepancy involving a bonus?
No.