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OPM.gov / About / 2024 Agency Financial Report / Other Information – Section 3 / Compliance with Other Key Legal and Regulatory Requirements
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Compliance with Other Key Legal and Regulatory Requirements

OPM is required to comply with other legal and regulatory financial requirements, such as the DCIA.

In response to a steady increase in the amount of delinquent debt owed to the U.S., and concern that appropriate actions were not being taken to collect this delinquent debt, Congress passed the DCIA of 1996, P.L. 104-134. The purpose of the DCIA was to strengthen overall controls over collections due to the Government from private parties, including Federal employees. The DCIA has had a major impact on the way OPM makes its payments and collects the monies owed to it. The tables below summarize OPM’s debt management activity for September 2024 and 2023. OPM complies with the DCIA via cross servicing.

Cross-Servicing

Under the DCIA, all Federal agencies must refer past due, legally enforceable, non-tax debts that are more than 180 days delinquent to Treasury’s BFS for collection through the Treasury Offset Program (TOP). The 180-day timeframe was modified by the Digital Accountability and Transparency Act to 120 days.

OPM has established an agreement with BFS to cross-service its debts, which allows BFS to automatically include the debts in the TOP as part of its collection effort. A debt is legally enforceable if there has been a final agency decision that the debt, in the amount stated, is due and there are no legal bars to collection action. To date, OPM has collected more than $23 million via BFS cross servicing.

The tables below summarize and focuses on OPM's Trust Fund debt management activity due to the vast majority of debt is held by Retirement and Health Benefits. OPM's Administrative and Revolving funds are immaterial to our Financial Statements. The activity represents September 2024 and September 2023. OPM complies with the DCIA via cross servicing.

Table 34A – Debt Management Activity FY 2024
September 30, 2024 (In Millions)
Debt Management Activity Retirement Program Health Program
Total Receivables at Beginning of Year $394 $35
New Receivables and Accruals $244 $39
Less Collections, Adjustments, and Amounts Written-off $(259) $(33)
Total Receivables at End of Period $379 $41
Total Delinquent $77 $39
Percent Delinquent of Total Receivables 20% 96%
Table 34B – Debt Management Activity FY 2023
September 30, 2023 (In Millions)
Debt Management Activity Retirement Program Health Program
Total Receivables at Beginning of Year $385 $33
New Receivables and Accruals $224 $26
Less Collections, Adjustments, and Amounts Written-off $217 $24
Total Receivables at End of Period $394 $35
Total Delinquent $80 $34
Percent Delinquent of Total Receivables 20% 97%

Travel and Purchase Card Usage

OPM measures its effectiveness in travel and purchase card usage by monitoring the percentage of the total outstanding balances that are current (less than 61 days). The tables below compare OPM’s percentages that are more than 61 days old to Government-wide percentages.

Table 35 – Travel Card Usage
Travel Card Usage September 30, 2024* (In Thousands) September 30, 2023* (In Thousands)
Outstanding Balance (OPM) $48 $39
Outstanding More Than 61 Days (OPM) - 2
% Outstanding More Than 61 Days (OPM) 0.10% 1.88%
% Outstanding More Than 61 Days (Government-wide) 2.80% 5.72%

Footnote

September 2024 source: GSA current and historical delinquency metrics for the CFO Act Agencies

Table 36 – Purchase Card Usage
Purchase Card Usage September 30, 2024 (In Thousands) September 30, 2023 (In Thousands)
Outstanding Balance (OPM) $143 $122
Outstanding More Than 61 Days (OPM) - -
% Outstanding More Than 61 Days (OPM) - -
% Outstanding More Than 61 Days (Government-wide) 0.09% 0.09%

Civil Monetary Penalty Inflation Adjustment

Please see Civil Monetary Penalty Inflation Adjustment for details.

Financial Reporting-Related Legislation

In recent years, two acts of legislation were passed into law that directly impact OPM’s current and future financial reporting:

  • The Periodically Listing Updates to Management Act (PLUM Act) of 2022, P. L. 117-263, was signed into law in December 2022 as part of the National Defense Authorization Act for FY 2023. As part of this act, OPM was tasked with establishing and maintaining a public website containing information on Government policy and supporting positions (including temporarily acting and vacant) in the Federal Government. The launch of this enhanced leadership directory, originally requested from President Dwight Eisenhower in 1952, will improve transparency on an administration’s top leaders and placement of political appointees.
  • The PSRA of 2022, P. L. 117-108, requires OPM to establish the PSHBP in FY 2025, a separate health benefit program for USPS employees, annuitants, and their eligible family members that will operate in parallel to the FEHBP. In addition, the act repealed the required prefunding payments and eliminated all past due postal payments established under the Postal Act, P.L. 109-435, which was signed into law in December 2006.

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