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The numbers below present the estimated effects on OASDI overpayment collections of a regulatory proposal to increase the minimum monthly benefit withholding from $10 to 10 percent of the benefit payable for the month. Debtors could still pay less if the negotiated amount would allow for repayment of the debt in 36 months. 

Under the proposed regulation, we estimate that previously negotiated withholding schedules would remain in place. We estimate an increase in overpayment collections of $400 million for fiscal years 2019 through 2023, and $1.398 billion for fiscal years 2019 through 2028. We formulated these estimates based on individual level data for an historical 10-year period, using that actual data to compute what the collections would have been over that period had the 10-percent minimum been put in place at the beginning of that period, and several other considerations.