Pecuniary
PECUNIARY LIABILITY
Certifying Officers have what type of pecuniary liability when dealing with erroneous payments?
Exactly what it says - payments received because of/as a result of, a court order.
Is there interest owed? Payments go first to fees, then interest accrued, and then principle. It is possible to accrue interest when no payments are due.
YES!
A Medicare Set-Aside arrangement is created from the settlement of a worker's compensation or liability case. The account is created by using a part of the settlement to be used to pay future medical expenses that are related to the job or injury and would otherwise be payable by Medicare. A structured MSA features annual payments via an annuity. This is a complicated area and you should get expert advice before spending the funds "on anything".
Pecuniary
Pecuniary
Yes, accountable officials can be held pecuniary liable for illegal, improper, or incorrect payments that occur as a result of negligence in performing their duties. They have a responsibility to ensure that payments are made in accordance with the law and regulations, and any failures to do so may result in financial penalties or other legal consequences.
They are pecuniarily liable for all illegal, improper or incorrect payments
Yes
Yes
Yes
True
A Certifying Officer's maximum level of pecuniary liability for erroneous payments is typically limited to the amount of the payment made. They could be held personally liable for the amount if they knowingly or negligently authorized a payment that was improper or not supported by adequate documentation.
liability
Certifying Officers have pecuniary liability for erroneous payments.Certifying Officers
You can estimate your Tax Liability online on Virginia.gov. Tax Liability online helps you to determine your estimated tax liability and how many payments you should make.