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[Export-Import Bank Employees' Request for Waiver of Erroneous Retention Allowances and Recruitment Bonuses]

B-272467: Dec 13, 1996

The General Counsel of the Export-Import Bank requested waiver of erroneous payments of recruitment bonuses and retention allowances that were awarded to numerous Eximbank employees from January 12, 1992 to January 20, 1996. GAO held that the: (1) Office of Personnel Management determined that the Bank's recruitment and retention payments were illegal, suspended the Bank's delegated authority to a...

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Matter of: Export-Import Bank Employees-Waiver of Erroneous Retention Allowances and Recruitment Bonuses File: B-272467 Date: December 13, 1996

B-272467: Dec 13, 1996

Waiver is granted to Export-Import Bank employees who received erroneous payments in the form of retention allowances and recruitment bonuses from 1992 to 1996. Since the employees received the payments in good faith and without knowledge that they were erroneous. The erroneous payments involved recruitment bonuses and retention allowances that were awarded to numerous Ex-Im Bank employees from Ja...

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