Recovery of Overpayment Clause Samples
The Recovery of Overpayment clause allows a party to reclaim any funds that were paid in excess of what was actually owed under the agreement. In practice, if an overpayment is discovered—whether due to a calculation error, administrative mistake, or other reason—the recipient is required to return the surplus amount to the payer, often within a specified timeframe. This clause ensures financial accuracy and fairness by providing a clear mechanism for correcting payment errors and preventing unjust enrichment.
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Recovery of Overpayment. 538. Should recovery of overpayment of salary or wages be necessary, the Controller's PPSD will make every attempt to minimize the hardship for the employee.
Recovery of Overpayment. Where the Board has overpaid a teacher, the amount recovered shall apply only to overpayments in the current or previous year. The Board shall offer reasonable arrangements for repayment.
Recovery of Overpayment. In the event of overpayment of wages/salary, the employer may recover the overpayment provided that written notice is given to the employee of the intention to recover the overpayment, the amount to be recovered and the reason for the overpayment. Where an overpayment does occur, the recovery of the overpayment shall be in a manner agreed between the employee and Barnardos. The employer shall endeavour to ensure that the employee is not caused undue hardship as a result of any such recovery.
Recovery of Overpayment. Should recovery of overpayment of salary or wages be necessary, the Controller's Payroll/Personnel Services Division, or its designee (“PPSD”), will make every attempt to minimize the hardship for the employee.
Recovery of Overpayment. Should recovery of overpayment of salary or wages be necessary, the Court will make every attempt to minimize the hardship for the employee. The schedule of recovery of any overpayment shall be made by mutual agreement between the Court and the employee. In the absence of a mutual agreement, the Court may recover no more than 20% of the total amount in any one biweekly paycheck. In correcting all employee underpayment or nonpayment problems, the following guidelines will be used to correct the most significant problems first:
Recovery of Overpayment. The SFMTA shall recover salary overpayment according to the Controller’s policies and procedures. The SFMTA shall not deduct any amounts from an employee’s salary without the employee’s authorization. However, if the employee does not authorize such deduction, the SFMTA shall offer the employee the option of a hearing, then pursue legal action to collect the overpayment if appropriate. Should recovery of overpayment of salary or wages be necessary, the Controller or its designee the Payroll Division, will make every attempt to minimize the hardship for the employee.
Recovery of Overpayment. When an employee has been overpaid, through no fault of his or her own, and the overpayment is in excess of fifty dollars ($50.00), the paying office will, before recovery action is implemented, advise in writing the employee of the intention to recover the overpayment. Recovery will not exceed ten percent (10%) of the employee’s pay, excluding amounts paid as vehicle expenses, each pay period until the entire amount is recovered. Notwithstanding the foregoing, in the event employment ceases, any outstanding amounts may be recovered in full from final pay.
Recovery of Overpayment. Where an Employee has received more than proper entitlement to wages or benefits, no continuing Employee shall be subject to such deductions in excess of twenty percent (20%) of the Employees net earnings per pay period. If more than one year (1) has passed since the overpayment, there shall be no recovery of the overpayment.
Recovery of Overpayment. 34.1. Where an employee has received an overpayment in error, the full balance of any overpayment can be recovered from monies due to the employee on termination.
34.2. Company may also deduct the value of up to six hours (pro rata for part time employees) of the relevant rate of pay from each fortnightly wages until the overpayment is recovered. Provided that:
34.2.1. The first deduction must not occur any earlier than two weeks following the issue of a written notice which includes a description of the nature and timing of the overpayment.
34.2.2. Employees will be advised of a right to request alternative repayment arrangements in circumstances where employees may experience financial hardship.
34.2.3. Nothing in this clause prevents the Company and an employee agreeing in writing to a deduction higher than six hours per fortnight.
Recovery of Overpayment. Preparation and Filing Fee for Request to the IRS for Recovery for Overpayment of Rebate ... $4,500 (The fee includes up to 6 hours of follow up calls with the IRS, additional hours will be billed at $150 per hour.)