5 C.F.R. § 537.110   Records and reports.


Title 5 - Administrative Personnel

Title 5: Administrative Personnel
PART 537—REPAYMENT OF STUDENT LOANS

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§ 537.110   Records and reports.

(a) Each agency must keep a record of each determination made under this part and make such records available for review upon OPM's request. These records may be destroyed after 3 years or after OPM formally evaluates the program (whichever comes first).

(b) Before January 1st of each year, each agency must submit a written report to the Office of Personnel Management stating when the agency made student loan repayments on behalf of an employee during the previous fiscal year. Each report must include:

(1) The number of employees selected to receive this benefit;

(2) The job classifications of the employees selected to receive benefits under this part; and

(3) The cost to the Federal government for providing benefits under this part.

[66 FR 2791, Jan. 11, 2001, as amended at 66 FR 39406, July 31, 2001]

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