PUBLIC LAW 107-68—NOV. 12, 2001 115 STAT. 567 (4) PAYMENT ON MULTIPLE LOANS.— Student loan payments may be made under this section with respect to more than 1 student loan of an eligible employee at the same time or separately, if the total payments on behalf of such employee do not exceed the limits under subsection (c)(2)(A). (5) TREATMENT OF PAYMENTS.— Student loan payments made on behalf of an eligible employee under this section shall be in addition to any basic pay and other forms of compensation otherwise payable to the eligible employee, and shall be subject to withholding for income and employment tax obligations as provided for by law. (6) No RELIEF FROM LIABILITY.— An agreement to make student loan pa3anents under this section shall not exempt an eligible employee from the responsibility or liability of the employee with respect to the loan involved and the eligible employee shall continue to be responsible for making student loan payments on the portion of any loan that is not covered under the terms of the service agreement. (7) REDUCTION IN PAYMENTS. — Notwithstanding the terms of a service agreement under this section, the head of an employing office may reduce the amount of student loan pay- ments made under the agreement if adequate funds are not available to such office. If the head of the employing office decides to reduce the amount of student loan payments for an eligible employee, the head of the office and the employee may mutually agree to terminate the service agreement. (8) No RIGHT TO CONTINUED EMPLOYMENT. —A service agreement under this section shall not be construed to create a right to, promise of, or entitlement to the continued employ- ment of the eligible employee. (9) No ENTITLEMENT. —A student loan payment under this section shall not be construed to be an entitlement for any eligible employee. (10) TREATMENT OF PAYMENTS.— ^A student loan payment under this section— (A) shall not be basic pay of an employee for purposes of chapters 83 and 84 of title 5, United States Code (relating to retirement) and chapter 87 of such title (relating to life insurance coverage); and (B) shall not be included in Federal wages for purposes of chapter 85 of such title (relating to unemployment compensation). (g) ALLOCATION OF FUNDS.— (1) MAXIMUM AMOUNT. — In this subsection, the term "maximum amount", used with respect to a fiscal year, means— (A) in the case of an employing office described in subsection (i)(l)(A), the amount described in that subsection for that fiscal year; and (B) in the case of an employing office described in subsection (i)(l)(B), the amount described in that subsection for that fiscal year. (2) ALLOCATION.— From the total amount made available to carry out this section for a fiscal year, there shall be allocated to each emplo3ring office for that fiscal year— (A) the maximum amount for that employing office for that fiscal year; or
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