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Proposed Rule.pdf

2020-03102.pdf
Preview of proposed rule
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📊 Size: 377 KB
📄 Pages: 9 pages
⬇️ Downloads: 184

Summary

The Federal Retirement Thrift Investment Board proposes to amend its regulations to increase the automatic enrollment percentage from 3 percent to 5 percent of basic pay for participants in the Thrift Savings Plan (TSP) enrolled on or after October 1, 2020, and for Blended Retirement Service (BRS) participants re-enrolled on or after January 1, 2021. The change aims to help participants receive the full amount of Agency/Service Matching Contributions and achieve greater retirement savings. Comments must be received within 60 days of publication in the Federal Register.

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Description

The Federal Retirement Thrift Investment Board proposes to amend its regulations to increase the automatic enrollment percentage from 3 percent to 5 percent of...

Technical Information

  • File Format: PDF
  • File Size: 377 KB
  • Pages: 9
  • Language: EN
  • Total Downloads: 184
  • Last Updated: 1 week ago

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