Yes, sure is. It's a DMV feature, which allows you to take a DMV- approved Point and Insurance Reduction Program that will help to prevent you lose your license in case you have already 11 or more points on your driving record.
I also have a question about point reduction. What if the hearing was called but never took place?
You're fine, until the hearing date.
I'm interested in learning more about assessing driver liability. How much longer do I pay for these offenses?