We inform people about the fact and amount of the overpayment, their right to appeal, and the options to repay or, in some cases, receive waivers for the debt. Your employer should adjust the excess for you.When To Complete This Form. You will need your remittance ID in order to repay your Social Security overpayment on Pay.gov. The Notice of Overpayment will tell you how much you were overpaid. It will tell you to send the money back in 30 days. If we can't waive collection, we may use this form to decide how you should repay the money. Please answer the questions on this form as completely as you can. Fill out a Request for Change in Overpayment Recovery Rate. This form is attached.