Tennessee Sample Letter for Return of Overpayment to Client
Description
How to fill out Sample Letter For Return Of Overpayment To Client?
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FAQ
If an employee has been overpaid, can the employer reclaim the overpayment? If the employer has overpaid an employee by mistake then the employer has the right to reclaim that money back.
Dear [Employee], A salary overpayment has been identified on a previous pay period and has been submitted to University Payroll & Benefits for processing. University Payroll & Benefits will send you notification of the overpayment along with the collection process needed to satisfy this debt.
I acknowledge on [date] I received an over payment in the amount of $____________. I understand that [Company Name] will need to be reimbursed. I have selected the checked option below to repay the company. ? ____ Deduct the overpayment from my salary from next pay period.
Some states limit the period within which recovery may be required--90 days in Tennessee; 5 years in Nevada; 1 year in New Mexico; 2 years in Alaska, Florida, North Dakota, and Washington; 3 years in Indiana, Louisiana, Maryland, Michigan, Nebraska, Ohio, Utah, and Wyoming; 4 years in Arkansas and New Jersey; 5 years ...
(d) OVERPAYMENTS. (1) Any person who is overpaid any amounts as benefits under this chapter is liable to repay those amounts, except as otherwise provided by this subsection (d) or by § 50-7-304(b)(2). (C) The recovery of the overpayment from the person would be against equity and good conscience.
In most circumstances an employer has the right to claim back money if they've overpaid someone. They should contact the employee as soon as they're aware of the mistake. If an employee notices an overpayment in their payslip, they should talk to their employer as soon as possible.
I am writing to you because I have been informed that I have been overpaid. I (am/was employed/engaged) by you from (enter date) to the (enter date) as a (enter job title) on a (enter job type - full time, part time or agency/casual) basis. You have stated that I have been overpaid by a total sum of (enter amount).
