appoints a new, ask finance activity to terminate the 63C permanent fiduciary, deduction, and or amend the claimant’s award to determines direct pay the new fiduciary or the beneficiary, and payment should be restore the full rate of payment and any made the withheld benefits (except the amount paid to before expiration of the the temporary fiduciary). temporary fiduciary appointment appoints a new, amend the claimant’s award to restore the permanent fiduciary, previously withheld benefits (except the amount or paid to the temporary fiduciary). determines direct payment should be made the after expiration of the temporary fiduciary appointment j. Example: The following example describes a procedure that provides for Processing an Award for payment to a temporary fiduciary, and Appointment of control for adjustment of a beneficiary’s award after the appointment of the a Temporary temporary fiduciary expires. Fiduciary Scenario: VA was paying a gross monthly rate of $900 to a beneficiary’s fiduciary. A fiduciary hub’s authorization activity receives a on VA Form 21-555 March 25 that reflects the appointment of a temporary fiduciary and requests the payment of $200 per month to the temporary fiduciary, pending appointment of a new, permanent fiduciary. The authorization activity asks finance activity to establish a 63C deduction code with a balance of $800 ($200 per month not to exceed four months). The authorization activity prepares an amended award on April 5 that reflects the Veteran’s name and address in the payee field and a payment status of supervised direct pay. Results: The withholds $700 using a withholding code 1 and pays $200 effective April 1. The award includes a future rate line that eliminates the withholding and pays the full $900 effective August 1. Each month the deduction code 63C causes the $200 payment to be captured and applied toward reducing the 63C balance. The finance activity releases a payment of $200 to the temporary fiduciary designated on the VA Form 21-555.
appoints a new, permanent fiduciary, or determines direct payment should be made before the expiration of the temporary fiduciary appointment ask finance activity to terminate the 63C deduction, and amend the claimant’s award to pay the new fiduciary or the beneficiary, and restore the full rate of payment and any withheld benefits (except the amount paid to the temporary fiduciary). appoints a new, permanent fiduciary, or determines direct payment should be made after the expiration of the temporary fiduciary appointment amend the claimant’s award to restore the previously withheld benefits (except the amount paid to the temporary fiduciary). j. Example: Processing an Award for Appointment of a Temporary Fiduciary The following example describes a procedure that provides for payment to a temporary fiduciary, and control for adjustment of a beneficiary’s award after the appointment of the temporary fiduciary expires. Scenario: VA was paying a gross monthly rate of $900 to a beneficiary’s fiduciary. A fiduciary hub’s authorization activity receives a VA Form 21-555 on March 25 that reflects the appointment of a temporary fiduciary and requests the payment of $200 per month to the temporary fiduciary, pending appointment of a new, permanent fiduciary. The authorization activity asks finance activity to establish a 63C deduction code with a balance of $800 ($200 per month not to exceed four months). The authorization activity prepares an amended award on April 5 that reflects the Veteran’s name and address in the payee field and a payment status of supervised direct pay. Results: The withholds $700 using a withholding code 1 and pays $200 effective April 1. The award includes a future rate line that eliminates the withholding and pays the full $900 effective August 1. Each month the deduction code 63C causes the $200 payment to be captured and applied toward reducing the 63C balance. The finance activity releases a payment of $200 to the temporary fiduciary designated on the VA Form 21-555.
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