The federal government is seeking nearly $7 million in refunds More than 1,000 are Navy retirees They have been overpaid for nearly four years as a result of a system glitch.
A system error that miscalculated service time caused 1,283 Navy retirees to lose nearly $6.8 billion in monthly payments they were owed from August 2019 to February 2023.
According to a report by NBC News, the government is trying to recover its losses from retirees, who are owed anywhere from $35 to $70,000.
Defense Finance and Accounting Services, both of which are responsible for active payments Department of Defense Workers and Retirees, on Monday, said it will send notices to affected retirees this week informing them of their debts and instructions on how to repay them or apply for a waiver.
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Some of the affected retirees have already seen their monthly retirement income reduced as a result of the error, while others expect to pay big bills.
“It’s a double whammy,” Devin Morrison, a 52-year-old former executive officer at the Naval Medical Center in San Diego who will retire in 2021, told NBC News.
Morrison is among those who have already seen his monthly pay cut, losing about $762 from March to April. Although she has yet to see her debt notice, she told the outlet she expects the bill to be around $30,000.
“Through no fault of my own, I’m going to be involved with this pretty significant bill,” he said. “That’s a tough pill to swallow.”
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The error was caused by the Navy sending incorrect data to DFAS that counted as inactive reserve service time. Active duty serviceInflated periods of service trigger larger retirement checks
“From there, the Navy thoroughly investigated the matter, determined the affected population and decided on corrective actions,” a Navy spokesperson told NBC News. “This process took time and is important to ensure we do not negatively impact anyone’s pay without understanding the scope of the problem.”
when Some retirees will face huge billsDFAS says victims will face an average loan amount of $2,700.
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Retirees will be forced to take action Once they receive official notification on their loan. If a retiree fails to take action within a specified time frame, up to a maximum of 15% of salary will be automatically deducted from their monthly benefits. The notice will also include information on when interest charges will apply on the loan.
The Navy did not respond to Fox News’ request for comment by publication time.
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