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New GAO Report Rejects that Overpayments into CSRS Exists
The new GAO report states that they have not found proof that overpayments into CSRS exists. The GAO report does not address the refund of overpayments made into the FERS retirement system. Two separate independent accounting firms, the PRC and the Postal Service Inspector General have all come to the same conclusion: overpayments have been made since 1970 into CSRS.
To read the GAO summary and full report click here.
To read what the Washington Post had to say about the report click here.