20 CFR 416.551 – Waiver of adjustment or recovery–effect of
Waiver of adjustment or recovery of an overpayment from the overpaid person himself (or, after his death, from his estate) frees him and his eligible spouse from the obligation to repay the amount of the overpayment covered by the waiver. Waiver of adjustment or recovery of an overpayment from anyone other than the overpaid person himself or his estate (e.g., a surviving eligible spouse) does not preclude adjustment or recovery against the overpaid person or his estate.
Terms Used In 20 CFR 416.551
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.