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5 C.F.R. § 550.361   Scope.

Title 5 - Administrative Personnel

Title 5: Administrative Personnel
PART 550—PAY ADMINISTRATION (GENERAL)
Subpart C—Allotments and Assignments From Federal Employees
Allotments For Savings

§ 550.361   Scope.

An agency shall permit an employee within the continental United States to make up to two allotments of pay to a financial organization of his/her choice, for credit to his/her savings account as authorized under Department of Treasury regulations codified at part 209 of title 31, Code of Federal Regulations. Additional allotments to savings for these employees will not be permitted under this part.

An employee assigned to a post of duty outside the continental United States who is not covered under Department of Treasury regulations at 31 CFR part 209 shall be permitted to make allotments of pay to a financial organization of his/her choice for credit to his/her savings account.