BEGIN:VCALENDAR VERSION:2.0 METHOD:PUBLISH PRODID:-//Telerik Inc.//Sitefinity CMS 13.3//EN BEGIN:VTIMEZONE TZID:Central Standard Time BEGIN:STANDARD DTSTART:20231102T020000 RRULE:FREQ=YEARLY;BYDAY=1SU;BYHOUR=2;BYMINUTE=0;BYMONTH=11 TZNAME:Central Standard Time TZOFFSETFROM:-0500 TZOFFSETTO:-0600 END:STANDARD BEGIN:DAYLIGHT DTSTART:20230301T020000 RRULE:FREQ=YEARLY;BYDAY=2SU;BYHOUR=2;BYMINUTE=0;BYMONTH=3 TZNAME:Central Daylight Time TZOFFSETFROM:-0600 TZOFFSETTO:-0500 END:DAYLIGHT END:VTIMEZONE BEGIN:VEVENT DESCRIPTION:REGISTER FOR ON-DEMANDS\, please send a message to \;regist ration@theleague.coop \;with the name of the\nOn-Demand that you wish to purchase. \;\nGovernment payments are a category unto themselves. T he Green Book is\nthe Fount of Knowledge for direct deposit government pay ments\, returns\,\ngarnishment limitations\, reclamations\, and more. Lear n how this important\nresource has evolved and how to limit your instituti on&rsquo\;s potential liability.\n\nLearning Objectives\n\n Locate and identify protected federal benefit payments in response to a garnishment\n order\n \n Explain the Fiscal Service&rsquo\;s process for traci ng federal payments\n Determine when a payment must be returned to the originating federal agency\n Differentiate the obligations for reclamat ion of a federal ACH benefit payment versus\n non-federal\n \n Di stinguish which federal payments are/are not subject to reclamation\n \ n Limit your financial institution&rsquo\;s liability for post-death fe deral benefit payments\n \n\nSince 1975\, the Green Book has offered gu idance on the acceptance of federal government\npayments via direct deposi t. As the ACH Network has evolved\, so too has the Green Book\,\nwhich now provides guidance on direct deposit enrollment\, garnishment limitations on\nprotected federal benefits\, handling claims of non-receipt\, and the impact of returning a\nfederal benefit payment.\n\nIn addition to these su bjects\, the Green Book also provides direction on reclamation of\nfederal benefit payments. To limit potential liability\, financial institutions m ust be careful\nwhen handling post-death federal benefit payments and recl amation requests. Due to\nimportant updates in 2020 and 2021\, institution s are encouraged to review the current\nversion of the Green Book to ensur e their policies and procedures coincide with statements\nfrom the Bureau of the Fiscal Service and the Department of the Treasury. This\npresentati on will examine today&rsquo\;s Green Book and the most-recent guidance. DTEND:20220210T213000Z DTSTAMP:20240328T201207Z DTSTART:20220210T200000Z LOCATION: SEQUENCE:0 SUMMARY:The Green Book & Government Payments Explained UID:RFCALITEM638472355278875593 X-ALT-DESC;FMTTYPE=text/html:
Government payments are a category unto the mselves. The Green Book is\nthe Fount of Knowledge for direct deposit gove rnment payments\, returns\,\ngarnishment limitations\, reclamations\, and more. Learn how this important\nresource has evolved and how to limit your institution&rsquo\;s potential liability.\n
\nLearning Objectives p>\n
Since 1975\, the Green Book h as offered guidance on the acceptance of federal government\npayments via direct deposit. As the ACH Network has evolved\, so too has the Green Book \,\nwhich now provides guidance on direct deposit enrollment\, garnishment limitations on\nprotected federal benefits\, handling claims of non-recei pt\, and the impact of returning a\nfederal benefit payment.\n
\nIn addition to these subjects\, the Green Book also provides direction on rec lamation of\nfederal benefit payments. To limit potential liability\, fina ncial institutions must be careful\nwhen handling post-death federal benef it payments and reclamation requests. Due to\nimportant updates in 2020 an d 2021\, institutions are encouraged to review the current\nversion of the Green Book to ensure their policies and procedures coincide with statemen ts\nfrom the Bureau of the Fiscal Service and the Department of the Treasu ry. This\npresentation will examine today&rsquo\;s Green Book and the most -recent guidance.
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