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Current as of January 02, 2025 | Updated by Findlaw Staff
A participant of the SELRP who fails to satisfy the period of obligated service will owe the United States government an amount determined by the formula A = B x ((T–S) / T)), where:
(a) “A” is the amount the participant owes the United States government.
(b) “B” is the sum of all payments to or for the participant under the SELRP.
(c) “T” is the number of months in the period of obligated service of the participant.
(d) “S” is the number of whole months of such period of obligated service served by the participant.
Cite this article: FindLaw.com - Code of Federal Regulations Title 38. Pensions, Bonuses, and Veterans' Relief § 38.17.531 Failure to comply with terms and conditions of agreement - last updated January 02, 2025 | https://codes.findlaw.com/cfr/title-38-pensions-bonuses-and-veterans-relief/cfr-sect-38-17-531/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature before relying on it for your legal needs.
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