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B-221264, APR 29, 1986, 65 COMP.GEN. 541

B-221264: Apr 29, 1986

INTEREST - PAYMENT DELAY - EMPLOYEE BENEFITS WHEN THE ALLOTMENT CHECK OF AN ARMY EMPLOYEE WAS NOT RECEIVED BY HIS BANK. 1986: THIS ACTION IS IN RESPONSE TO A REQUEST FOR AN ADVANCE DECISION REGARDING WHETHER INTEREST MAY BE PAID TO CHARLES WENER. /1/ WE ARE AWARE OF NO AUTHORITY WHICH WOULD ALLOW THE PAYMENT OF INTEREST IN THE PARTICULAR CIRCUMSTANCES. CHECK NO. 71729185 WAS ISSUED ON AUGUST 10. A...

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[Question Concerning Payment of Interest]

B-221264: Apr 29, 1986

The Army requested an advance decision as to whether an employee should be paid interest on an allotment check that was reissued several months after the original check was supposed to have been deposited in his bank account. GAO held that: (1) the payment of interest on unpaid accounts or claims may not be made except when interest is provided for under express statutory authorization; (2) althou...

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