Many donors only contribute $1 per pay period. Has OPM considered a nationwide pledge minimum of 2, 3, or 5 dollars to increase revenue?
5 CFR Part 950.901(e)(1) states, “The minimum amount of the allotment will be determined by the LFCC but will not be less than $1 per payday, with no restriction in the size of the increment above that minimum.” OPM does not plan to change the regulatory minimum since the LFCC can determine its own minimum for their specific CFC.
Related Questions
- Many donors only contribute 1 dollar per pay period. Has OPM considered a nationwide pledge minimum of 2, 3, or 5 dollars to increase revenue?
- What happens if I don pay or contribute after the 30 day free period on account creation?
- If my pay period cuts across December 2004 and January 2005, which minimum wage applies?
