The following terms are defined in
§ 4001.2 of this chapter: IRS, PBGC, and person. In addition, for purposes of this part:
Claim and
debt, as defined in the Federal Claims Collection Standards (
4 CFR 101.2(a)), are used synonymously and interchangeably to refer to an amount of money or property which has been determined by an appropriate agency official to be owed to the United States from any person, organization, or entity, except another Federal agency.
Federal Claims Collection Act means the Federal Claims Collection Act of 1966, as amended (
31 U.S.C. 3701 et seq.).
Federal Claims Collection Standards means 4 CFR parts 101 through 105, which are regulations issued jointly by the Comptroller General of the United States and the Attorney General of the United States that implement the Federal Claims Collection Act.
Repayment agreement means a written agreement by a debtor to repay a debt to the PBGC.
Tax refund offset means the reduction by the IRS of a tax overpayment payable to a taxpayer by the amount of past-due, legally enforceable debt owed by that taxpayer to a federal agency that has entered into an agreement with the IRS with regard to its participation in the tax refund offset program, pursuant to IRS regulations (
26 CFR 301.6402-6).
29 C.F.R. § 4903.3 — Do these regulations adopt the Federal Claims Collection Standards (FCCS)? · CFR 2010 annual edition (revised as of 2010-07-01) · https://pensionresource.website/EAMain?content=EAMain.Law&id=cfr29-4903.3&asof=1997-07-01 · printed Oct 16, 2026