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Printing - FECA-PT2 - National Association of Letter Carriers

Printing - FECA-PT2 - National Association of Letter Carriers

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Dear CLAIMANT NAME:<br />

I am writing in reference to the schedule award you ahve been granted by this <strong>of</strong>fice. As the enclosed<br />

award notice indicates, the award will run through DATE. If you wish, however, the amount <strong>of</strong> the<br />

remaining schedule may be paid in a lump sum if you are working or receiving benefits from the Office <strong>of</strong><br />

Personnel Management or a comparable Federal retirement system. You may, <strong>of</strong> course, choose to<br />

receive the remaining schedule award in regular payments each 28 days as stated in the award notice.]<br />

The law provides that the liability <strong>of</strong> the United States for compensation may be discharged by a payment<br />

equal to the present value <strong>of</strong> all future payments <strong>of</strong> compensation computed at a four percent true<br />

discount rate compounded annually. In your case this would be $0000.00, as <strong>of</strong> DATE. Additional<br />

benefits which may be awarded at a later date for temporary total disability or LWEC will not be<br />

considered in computing any lump-sum entitlement.<br />

Any lump-sum payment will represent full and final compensation payment for the period <strong>of</strong> the award<br />

even if you suffer a recurrence <strong>of</strong> total disability. If you elect to receive your schedule award in this form,<br />

please sign the attached agreement and return it to this Office.<br />

Sincerely,<br />

CLAIMS EXAMINER<br />

Date <strong>of</strong> Injury:<br />

AGREEMENT TO ACCEPT LUMP SUM SETTLEMENT OF SCHEDULE AWARD<br />

To proceed with my claim for a lump-sum settlement <strong>of</strong> my schedule award in accordance with 5 U.S.C.<br />

8135(a), I wish to enter into the following agreement:<br />

1. That I CLAIMANT NAME, agree to accept the sum <strong>of</strong> $0000.00 in payment <strong>of</strong> compensation<br />

for the remainder <strong>of</strong> the schedule award payable from (DATE) to (DATE).<br />

2. That I understand and agree that payment <strong>of</strong> such lump sum will represent full and final<br />

settlement <strong>of</strong> my schedule award for the period noted above in connection with my injury <strong>of</strong><br />

(DATE), and that no further monetary compensation benefits will be extended to me for the<br />

duration <strong>of</strong> the schedule award.<br />

Signature __________________________________ Date _______________<br />

2-1300 Exhibit 4: Sample <strong>Letter</strong> to Claimants Requesting Lump-sum Payments for Schedule<br />

Awards<br />

Dear CLAIMANT NAME:<br />

<strong>FECA</strong>-<strong>PT2</strong> Printed: 06/08/2010 602

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