Prejudgment Interest Under the Back Pay Act for Refunds of Federal Insurance Contributions Act Overpayments

Prejudgment Interest Under the Back Pay Act for Refunds of Federal Insurance Contributions Act Overpayments T h e B ack Pay A c t’s a u th o riz a tio n o f p re ju d g m e n t in te re st d o e s n o t a p p ly to the re tu rn o f a F ederal In su ran ce C o n trib u tio n s A ct tax o v e rp a y m e n t. E ven i f the B a c k Pay A c t d id ap p ly to su ch re tu rn s, an a g e n c y ’s sp e c ific e x e m p tio n fro m lia b ility u n ­ d e r the F e d e ra l In su ra n c e C o n trib u tio n s A ct w o u ld o v e m d e the p ro v isio n s o f the B ack P a y A ct. May 31, 1994 M e m o r a…