Title 5--ADMINISTRATIVE PERSONNEL
Chapter VI--FEDERAL RETIREMENT THRIFT INVESTMENT BOARD


[Code of Federal Regulations] [Title 5, Volume 3] [Revised as of January 1, 2004] From the U.S. Government Printing Office via GPO Access [CITE: 5CFR1600.1] [Page 175] TITLE 5--ADMINISTRATIVE PERSONNEL CHAPTER VI--FEDERAL RETIREMENT THRIFT INVESTMENT BOARD PART 1600_EMPLOYEE ELECTIONS TO CONTRIBUTE TO THE THRIFT SAVINGS PLAN--Table of Contents Subpart A_General Sec. 1600.1 Definitions. Definitions generally applicable to the Thrift Savings Plan are set forth at 5 CFR 1690.1. [68 FR 35494, June 13, 2003] ...


contribution election must be made pursuant to Sec. 1600.14 and includes the following types of elections: (1) To make employee contributions; (2) To change the amount...


upon initial appointment or reappointment. An employee appointed, or reappointed following a separation from Government service, to a position covered by FERS or CSRS...


initial appointment or reappointment. TSP contribution elections made pursuant to Sec. 1600.12(a) will become effective no later than the first full pay period after...


contribution election to his or her employing agency. Employees may use either the paper TSP election form (i.e., Form TSP-1, TSP-1-C, TSP-U-1, or TSP-U-1-C) or, if available...


during an open season becomes effective, no further contribution elections may be made during the same open season, except an election to...


an employee was unable, for reasons that were beyond the employee's control (other than agency administrative error, as provided in 5 CFR part 1605), to make a...


previously eligible to receive agency contributions. An employee appointed or reappointed to a position covered by FERS who had not been previously eligible to receive...


a position covered by CSRS elects to transfer to FERS, the employee may make a contribution election simultaneously with the election to transfer to FERS, or within...


elect to contribute a percentage of basic pay or a dollar amount, subject to the limits described in Sec. 1600.22. The election must be expressed in whole percentages or...


The amount a participant can contribute to the TSP under this paragraph is subject to the Internal Revenue Code (I.R.C.) limitations described in paragraphs (a)(3)...


The employing agency will reduce the contribution of any FERS or CSRS employee who has elected a whole dollar amount but whose elected contribution for any pay period exceeds any of...


(a) A participant who is entitled to receive (or receives) an eligible rollover distribution, within the meaning of I.R.C. section 402(c)(4) (26 U.S.C. 402(c)(4)), from an...


to TSP. (a) Trustee-to-trustee transfer. Participants may request that the administrator or trustee of their eligible retirement plan transfer any or all...


(a) All funds transferred to the TSP pursuant to Sec. Sec. 1600.31 and 1600.32 will be treated as employee contributions. (b) All funds transferred to the TSP pursuant to...


Plan are set forth at 5 CFR 1690.1. (b) As used in this part: [[Page 180]] Acknowledgment of risk means an acknowledgment that any investment in...


This subpart applies only to the investment of future deposits to the TSP's investment funds, including contributions, loan payments, and transfers...


Future deposits in the TSP, including contributions, loan payments, and transfers or rollovers from traditional IRAs and eligible employer plans, will be allocated among...


his or her choice of investment funds for the allocation of future deposits by using the TSP Web site or the ThriftLine, or by completing Form TSP-50 (for civilians) or...


Source: 68 FR 35495, June 13, 2003, unless otherwise noted. This subpart applies only to interfund transfers, which involve redistributing...


requesting an interfund transfer. (a) Participants may make an interfund transfer using the TSP Web site or the ThriftLine, or by completing a Form TSP-50 or Form...


[Code of Federal Regulations] [Title 5, Volume 3] [Revised as of January 1, 2004] From the U.S. Government Printing Office via GPO Access [CITE: 5CFR1601.31] [Page 181] TITLE 5--ADMINISTRATIVE PERSONNEL CHAPTER VI--FEDERAL RETIREMENT THRIFT INVESTMENT BOARD PART 1601_PARTICIPANTS' CHOICES OF INVESTMENT FUNDS--Table of Contents Subpart D_Contribution Allocations and Interfund Transfer Requests Sec. 1601.31 Applicability. This subpart applies both to contribution allocations made under subpart B of this part and interfund transfers made under subpart C of this part. ...


A contribution allocation or an interfund transfer entered into the TSP record keeping system by a participant who uses the TSP Web site or the ThriftLine, or by a TSP...


to invest in any investment fund other than the G Fund must execute an acknowledgment of risk for that fund. If a required acknowledgment of risk has not been executed,...


A Form TSP-50 or Form TSP-U-50 will not be effective if: (a) It is not signed and dated or if it contains a future date, a date more than one year before the TSP's receipt of...


to meet the standards of Sec. 1601.32. However, the Board cannot and does not guarantee that the TSP Web site or the ThriftLine will always be available to accept and...


and interfund transfer requests, or errors that otherwise cause money to be invested in the wrong investment fund, will be corrected in accordance with the...


(1) Any non-military service that is creditable under either 5 U.S.C. chapter 83, subchapter III, or 5 U.S.C. 8411. However, that service is to be determined...


in paragraph (c) of this section, all amounts in a [[Page 184]] FERS employee's individual account (including all first conversion contributions)...


attributable earnings upon separating from Government only if, as of their separation date, they have completed three years of service. (b) FERS employees will be vested...


[Code of Federal Regulations] [Title 5, Volume 3] [Revised as of January 1, 2004] From the U.S. Government Printing Office via GPO Access [CITE: 5CFR1604.1] [Page 184] TITLE 5--ADMINISTRATIVE PERSONNEL CHAPTER VI--FEDERAL RETIREMENT THRIFT INVESTMENT BOARD PART 1604_UNIFORMED SERVICES ACCOUNTS--Table of Contents Sec. 1604.1 Applicability. This part describes the special features of TSP participation applicable to members of the uniformed services. Uniformed services members are also covered by the other regulations of 5 CFR chapter VI to the extent they do not conflict with the regulations of this part. ...


206. Bonus contributions means contributions made by participants from a bonus as defined in 37 U.S.C. chapter 5. Civilian account means the TSP account to...


(a) Initial uniformed services open season. A service member may make a contribution election during an initial uniformed services TSP open season beginning October 9,...


make regular contributions to the TSP from basic pay. If the service member makes regular contributions, he or she also may contribute all or a portion of incentive pay...


Therefore, service members making both civilian and uniformed services TSP contributions will have two TSP accounts. For those participants, the accounts are treated...


agency error, a service member does not receive the TSP contributions to which he or she is entitled. Except as provided in paragraph (b) of this section, those...


(a) Separate accounts. If the TSP maintains a service member account and a civilian account for an individual, a separate withdrawal request must be made for...


(a) Separate accounts. To designate a beneficiary for a TSP death benefit, a service member must file a valid beneficiary designation form. If the TSP maintains a...


legal process relating to child support, alimony, or child abuse. The TSP will make a payment from a service member's account under such orders or processes as described at 5...


accounts. If the TSP maintains a service member account and a civilian account for an individual: (1) A separate loan application must be made for each account; (2)...


are set forth at 5 CFR 1690.1. (b) As used in this part: ``As of'' date means the date on which a TSP contribution or other transaction entailing acquisition...


makeup agency contributions that are reported on current payment records, and on makeup and late contributions from all sources that are reported on late payment records. ...


section applies whenever, as the result of an employing agency error, a participant does not receive all of the TSP contributions to which he or she is entitled....


to the removal of funds erroneously contributed to the TSP. The TSP calls this action a negative adjustment, and it is only available to remove erroneous...


employed. The following rules apply to participants who receive a back pay award or other retroactive pay adjustment for a period during which the participant was...


misclassified by an employing agency as a FERS participant, when the misclassification is corrected: (1) Employee contributions that exceed the applicable...


(a) The employing agency must promptly submit late contributions to the TSP record keeper on behalf of the affected participant on late payment records as soon as the error is...


(a) Agency's discovery of error. (1) Upon discovery of an error made within the past six months involving the correct or timely remittance of payments to the TSP (other than...


earnings. (1) Subject to paragraph (a)(3) of this section, if, [[Page 200]] because of an error committed by the Board or the TSP record keeper,...


(a) Filing claims. Claims for correction of Board or TSP record keeper errors under this subpart may be submitted initially either to the TSP record keeper or...


This section applies to employees who meet the conditions specified at 5 CFR 1620.40 and who are eligible to make up employee contributions or to receive employing...


the Thrift Savings Plan are set forth at 5 CFR 1690.1. (b) Definitions generally applicable to employing agency errors and their correction are set forth at 5 CFR 1605.1. ...


record keeping system, losses suffered by participants arising out of employing agency errors will be corrected by calculating and posting breakage to an...


shall pay to the Thrift Savings Fund any amount, computed by the TSP recordkeeper in a manner consistent with this part 1606, that is required to restore to the TSP...


the provisions of this part 1606 apply in any case where, due to employing agency error, the Thrift Savings Fund has not invested or had the use of money that would...


Failure to timely make or deduct TSP contributions when participant received pay. (a) If a participant receives pay, but as the result of an employing agency error...


in paying employee. Where, as the result of an employing agency error, a participant does not timely receive all or any part of the basic pay to which he or she...


Miscellaneous lost earnings. Where lost earnings result from employing agency errors not specifically covered by this subpart or subpart B, the employing agency...


(a) All lost earnings records required to be submitted pursuant to this part must be submitted to the TSP Recordkeeper in the manner and format prescribed in instructions provided...


caused the delayed or erroneous investment of money in the Thrift Savings Fund shall, in a manner consistent with paragraph (b) of this section, be ultimately...


(a) Lost earnings records submitted pursuant to this part will be processed daily by the TSP record keeper. (b) In calculating lost earnings attributable to a lost...


amended largely at 5 U.S.C. 8351 and 8401 through 8479) originally limited TSP eligibility to specifically named groups of employees. On various occasions, Congress has...


account balance of a TSP participant as of the most recent month-end. Basic pay means basic pay as defined in 5 U.S.C. 8331(3). For CSRS and FERS employees, it...


[Code of Federal Regulations] [Title 5, Volume 3] [Revised as of January 1, 2004] From the U.S. Government Printing Office via GPO Access [CITE: 5CFR1620.3] [Page 208] TITLE 5--ADMINISTRATIVE PERSONNEL CHAPTER VI--FEDERAL RETIREMENT THRIFT INVESTMENT BOARD PART 1620_EXPANDED AND CONTINUING ELIGIBILITY--Table of Contents Subpart A_General Sec. 1620.3 Contributions. The employing agency is responsible for transmitting to the Board's record keeper, in accordance with Board procedures, any employee and employer contributions that are required by this part. ...


[Code of Federal Regulations] [Title 5, Volume 3] [Revised as of January 1, 2004] From the U.S. Government Printing Office via GPO Access [CITE: 5CFR1620.4] [Page 208] TITLE 5--ADMINISTRATIVE PERSONNEL CHAPTER VI--FEDERAL RETIREMENT THRIFT INVESTMENT BOARD PART 1620_EXPANDED AND CONTINUING ELIGIBILITY--Table of Contents Subpart A_General Sec. 1620.4 Notices. An employing agency must notify affected employees of the application of this part as soon as practicable. ...


As used in this subpart, employing authority means the entity that employs an individual described in Sec. 1620.11 and which has the authority to make...


This subpart applies to any individual participating in CSRS or FERS who: [[Page 209]] (a) Has been appointed or otherwise assigned to one of...


contributions. The employing authority, at its sole discretion, may choose to make employer contributions under 5 U.S.C. 8432(c) for employees who are covered...


(a) An employing authority can make retroactive employer contributions on behalf of FERS employees described in this subpart, but cannot duplicate...


the record keeper. (a) The employing authority of a cooperative extension service employee (described at Sec. 1620.11(a)) is responsible for transmitting employer...


Appeals Sec. 1620.20 Scope. (a) This subpart applies to: (1) A justice or judge of the United States as defined in 28...


Appeals Sec. 1620.21 Contributions. (a) An individual covered under this subpart can contribute up to 5 percent of basic pay per pay period...


Appeals Sec. 1620.22 Withdrawals. (a) Post-employment withdrawal. An individual covered under this subpart can make a...


Appeals Sec. 1620.23 Spousal rights. (a) The current spouse of a justice or judge of the United States (as defined in 28 U.S.C. 451), or of...


(NAF) instrumentality of the Department of Defense (DOD) or the U.S. Coast Guard who elects to be covered by CSRS or FERS and to any employee in a CSRS- or...


by CSRS or FERS to a NAF instrumentality of the DOD or Coast Guard, or vice versa, without a break in service of more than one...


Any employee who moves from a CSRS- or FERS-covered position to a NAF instrumentality on or after August 10, 1996, and who elects to continue to be covered by CSRS or...


after December 31, 1965. (a) Future TSP contributions.--(1) Employee contributions. An employee who moved to a NAF instrumentality before August 10, 1996, but...


(a) An employee of a NAF instrumentality who moves from a NAF instrumentality to a Federal Government agency and who elects to be covered by a NAF retirement system...


payments for employees who elect to be covered by CSRS or FERS to the record keeper in accordance with 5 CFR part 1655 and Board procedures. Loan payments may not be...


must be reported by the losing Federal Government agency to the TSP record keeper as having transferred to a NAF instrumentality of the DOD or Coast Guard rather...


To be covered by this subpart, an employee must have: (a) Separated from Federal civilian service or entered leave- without-pay status in order to perform...


As used in this subpart: Current contributions means contributions that must be made for the current pay date which is reported on the journal voucher...


contribution elections. (a) Time for filing election. Upon reemployment or return to pay status, an employee has 60 days to submit contribution elections to...


to record keeper; agency ultimately responsible. (a) Agency making payments to record keeper. The current employing agency always will be the agency responsible...


agency automatic (1%) contributions. If an employee's agency automatic (1%) contributions were forfeited because the employee was not vested when he or she...


TSP loans, restoring post-employment withdrawals, and reversing taxable distributions. (a) Suspending TSP loans during nonpay status. If the TSP is notified that...


(a) General. Each employing agency must establish procedures for implementing these regulations. These procedures must at a minimum require...


Retirement Thrift Investment Board that are contained in a system of records and that contain information about an individual. The regulations establish procedures that...


Investment Board; (c) Individual means a citizen of the United States or an alien lawfully admitted for permanent residence; (d) Maintain means to collect, use,...


the Federal Register notice of any new or intended use of the information in a system or proposed system and provide interested persons with a period within which to comment on...


TSP participants are maintained in the Governmentwide system of records, FRTIB-1, Thrift Savings Plan Records. A participant or a spouse, former spouse, or beneficiary of...


copy of a record from the Board or the TSP record keeper shall submit a signed statement authorizing the disclosure of his or her record before the record will be disclosed....


inquiry within 10 work days of the date it is received. When the answer cannot be made within 10 work days, the record keeper or Privacy Act Officer will provide...


the date of access, Social Security number, and to produce one photographic form of identification (driver's license, employee identification, annuitant card,...


in 5 U.S.C. 552a(b) and are set forth in paragraph (b) of this section. (b) No official or employee of the Board, or any contractor of the Board or other...


[Code of Federal Regulations] [Title 5, Volume 3] [Revised as of January 1, 2004] From the U.S. Government Printing Office via GPO Access [CITE: 5CFR1630.9] [Page 220] TITLE 5--ADMINISTRATIVE PERSONNEL CHAPTER VI--FEDERAL RETIREMENT THRIFT INVESTMENT BOARD PART 1630_PRIVACY ACT REGULATIONS--Table of Contents Sec. 1630.9 Access to the history (accounting) of disclosures from records. Rules governing access to the accounting of disclosures are the same as those for granting access to the records as set forth in Sec. 1630.4. ...


to his or her record if: (1) In the opinion of the Privacy Act Officer or the record keeper designee, the individual seeking access has not provided...


correct or amend his or her record must write to the TSP record keeper. A participant in the TSP who wants to correct or amend a TSP record pertaining to him or her shall submit...


to be decided by that office in accordance with the chart in Sec. 1630.11, within 10 work days. Requests received by the record keeper which are to be decided by the current...


access to or to amend a record about them should submit a written request for review to the Executive Director, Federal Retirement Thrift Investment Board, 1250 H Street,...


will make a final determination on the appeal. If a final decision cannot be made in 20 work days, the Privacy Act Officer will inform the requester of the reasons for...


systems of records from the requirements of the Privacy Act, (including access to and review of [[Page 223]] such records pursuant to this part) if...


a requested record. (b) Records of more than 10 pages will be photocopied for 15 cents a page. If the record is larger than 8\1/2\ x 14 inches, the fee will be the cost...


reconcile agency TSP records for TSP purposes may be charged rates based upon the factors of: (a) Fair market value; (b) Cost to the TSP; and (c) Interests of...


for not more than five years, or both, to knowingly and willfully make or cause to be made any false or fraudulent statements or representation in any matter within...


(a) Board means the Federal Retirement Thrift Investment Board. (b) Agency means agency as defined in 5 U.S.C. 552(e). (c) Executive Director means the Executive...


This subpart contains the regulations of the Federal Retirement Thrift Investment Board, implementing 5 U.S.C. [[Page 225]] 552. The regulations of this...


(a) The Federal Retirement Thrift Investment Board was established by the Federal Employees' Retirement System Act of 1986 (Pub. L. 99-335, 5 U.S.C. 8401 et seq.)....


current index. (a) The Board maintains a public reading area located in room 4308 at 1250 H Street, NW., Washington, DC. Reading area hours are from 9:00 A.M....


Requests for records that originated in another agency and that are in the custody of the Board may, in appropriate circumstances, be referred to that agency...


content. (a) A request made under the FOIA must be submitted in writing, addressed to: FOIA Officer, Federal Retirement Thrift Investment Board, 1250 H...


The FOIA Officer shall have the authority to approve or deny requests received pursuant to these regulations. The decision of the FOIA Officer shall be final, subject...


(a)(1) When the FOIA Officer receives a request for expedited processing, he or she will determine within 10 work days whether to process the request on an...


(a) When a requested record has been identified and is available, the FOIA officer shall notify the person making the request as to where and when the record...


Counsel from initial denials. (a) When the FOIA Officer has denied a request for expedited processing or a request for records, in whole or in part, the person...


requesters. (a) There are four categories of FOIA requesters; commercial use requesters; representatives of news media; educational and...


fees. (a) The Board may waive all fees or levy a reduced fee when disclosure of the information requested is deemed to be in the public interest because it is...


$250. (a) When the Board estimates or determines that allowable charges that a requester may be required to pay are likely to exceed $250.00, the Board may require...


(a) Manual searches for records. The Board will charge at the salary rate(s) plus 23.5 percent (to cover benefits) of the employee(s) conducting the search. The Board...


disclosed. (a) In general, all records of the Board are available to the public, as required by the Freedom of Information Act. However, the Board claims the right,...


The Freedom of Information Act exempts from all of its publication and disclosure requirements nine categories of records which are described in 5 U.S.C. 552(b). These...


Where requested records contain matters which are exempted under 5 U.S.C. 552(b) but which matters are reasonably segregable from the remainder of the...


The Executive Director will submit annually, on or before February 1, a Freedom of Information report covering the preceding fiscal year to the Attorney General of the...


This subpart contains the regulations of the Board concerning procedures to be followed when a subpoena, order, or other demand (hereinafter in this subpart referred to as...


by the Executive Director. No employee or former employee of the Board shall, in response to a demand of a court or other authority, produce any material contained...


a demand for disclosure. (a) Whenever a demand is made upon an employee or former employee of the Board for the production of material or the disclosure of...


an adverse ruling. If the court or other authority declines to stay the effect of the demand in response to a request made in accordance with Sec. 1631.32(b)...


title 5 of the United States Code, the Government in the Sunshine Act, to carry out the policy of the Act that the public is entitled to the fullest practicable...


the Sunshine Act, 5 U.S.C. 552b. (b) The term Board means the Federal Retirement Thrift Investment Board and subdivisions thereof. (c) The term meeting means...


[Code of Federal Regulations] [Title 5, Volume 3] [Revised as of January 1, 2004] From the U.S. Government Printing Office via GPO Access [CITE: 5CFR1632.3] [Page 234] TITLE 5--ADMINISTRATIVE PERSONNEL CHAPTER VI--FEDERAL RETIREMENT THRIFT INVESTMENT BOARD PART 1632_RULES REGARDING PUBLIC OBSERVATION OF MEETINGS--Table of Contents Sec. 1632.3 Conduct of agency business. Members shall not jointly conduct or dispose of official Board business other than in accordance with this part. ...


of the agency shall be open to public observation. (b) The Freedom of Information Act, 5 U.S.C. 552, and the Board's implementing regulations, 5 CFR part 1611, shall govern...


meeting or a portion or portions of a meeting under the procedures specified in Sec. 1632.7 or Sec. 1632.8 of this part, and withhold information under the provisions of...


observation and meetings to be partially or completely closed to public observation pursuant to Sec. 1632.7 of this part will be made at least one week in advance of the...


information as to such meeting or portion of a meeting will be withheld, only by recorded vote of a majority of the Members of the Board when it is determined that the meeting...


meeting or a portion of a meeting to public observation may be changed following public announcement under Sec. 1632.6 only if a majority of the Members of the Board determines...


1632.7 of this part, the General Counsel, or in the General Counsel's absence, the Acting General Counsel, shall publicly certify whether or not in his or her opinion the meeting may...


transcription thereof adequate to record fully the proceedings of each meeting or portion of a meeting closed to public observation pursuant to exemption (a)(1), (a)(2),...


a recording or transcription, or minutes described in Sec. 1632.10(c) of this part. (b) Requests for copies of transcripts, recordings or transcriptions of...


(Board) are subject to the executive branch-wide Standards of Ethical conduct at 5 CFR part 2635, the Board regulations at 5 CFR part 8601 which supplement the...


this part is to effectuate section 119 of the Rehabilitation, Comprehensive Services, and Developmental Disabilities Amendments of 1978, which amended section 504 of...


(Sec. Sec. 1636.101--1636.170) applies to all programs or activities conducted by the agency, except for programs or activities conducted outside the United States that do...


For purposes of this part, the term-- Assistant Attorney General means the Assistant Attorney General, Civil [[Page 239]] Rights Division, United States Department...


(a) The agency shall, by November 28, 1994, evaluate its current policies and practices, and the effects thereof, that do not or may not meet the requirements of this part and, to...


make available to employees, applicants, participants, beneficiaries, and other interested persons such information regarding the provisions of this part and its...


(a) No qualified individual with handicaps shall, on the basis of handicap, be excluded from participation in, be denied the benefits of, or otherwise...


individual with handicaps shall, on the basis of handicap, be subjected to discrimination in employment under any program or activity conducted by the agency. The...


Except as otherwise provided in Sec. 1636.150, no qualified individual with handicaps shall, because the agency's facilities are inaccessible to...


(a) General. The agency shall operate each program or activity so that the program or activity, when viewed in its entirety, is readily accessible to...


alterations. Each building or part of a building that is constructed or altered by, on behalf of, or for the use of the agency shall be designed,...


(a) The agency shall take appropriate steps to ensure effective communication with applicants, participants, personnel of other Federal entities, and members of the public. (1)...


(a) Except as provided in paragraph (b) of this section, this section applies to all allegations of discrimination on the basis of handicap in programs and activities...


of this part are issued under 5 U.S.C. 8474 and 31 U.S.C. 3711, 3716, and 3720A, and in conformity with the Federal Claims Collection Standards, 4 CFR chapter II,...


All provisions of the Federal Claims Collection Standards, 4 CFR chapter II, apply to the regulations of this part. This part supplements 4 CFR chapter II by...


(a) The Executive Director may exercise his or her compromise authority for those debts not exceeding $100,000, excluding interest, in conformity with the Federal...


in this part: Administrative offset, as defined in 31 U.S.C. 3701(a)(1), means withholding funds payable by the United States (including funds payable to the United States...


(a) The Board may report delinquent debts to appropriate credit reporting agencies by providing the following information: (1) A statement that the debt is valid and...


The Board will use the services of a private collection contractor where it determines that such use is in the best interest of the Board. When the Board determines...


(a) When the Executive Director determines that a debt is owed the Board, he will send a written notice to the debtor. The notice will inform the debtor of the following: ...


(a) Interest. The Board will assess interest on all delinquent debts unless prohibited by statute, regulation, or contract. (1) Interest begins to accrue on...


Interest, penalty charges, and administrative costs will continue to accrue on a debt during administrative appeal, either formal or informal, and during waiver...


The Executive Director will refer to the Department of Justice for litigation all claims on which aggressive collection actions have been taken but which could not...


Department of the Treasury. The Board will enter into a cross-servicing agreement with the Department of the Treasury which will authorize Treasury to take all of the...


All funds owed to the Board and collected under this part will be deposited in the Thrift Savings Fund. Funds owed to other agencies and collected under this part will be...


Plan participant accounts. In accordance with 5 U.S.C. 8437, net assets available for Thrift Savings Plan benefits will not be used to satisfy a debt owed by...


the collection by salary offset of a Federal employee's pay to satisfy certain debts owed to the Board or to Federal agencies. (b) The regulations in this subpart apply...


of an overpayment under 5 U.S.C. 5584 or 8346(b), 10 U.S.C. 2774, 32 U.S.C. 716, or under other statutory provisions pertaining to the particular debts...


made if, a minimum of 30 calendar days before salary offset is initiated, the Board provides the employee with written notice that he or she owes a debt to the Board. This...


employee who desires a hearing concerning the existence or amount of the debt or the proposed offset schedule must send such a request to the...


in which: (1) The hearing official determines that a debt exists; (2) The employee admits the existence and amount of the debt by failing to request a hearing; or ...


of intent to offset against an employee's salary to recover a debt owed to the Board, an employee may propose to the Board that he or she be allowed to repay the debt...


connection with a debt owed to the Board may, at any time, request that the Board conduct a special review of the amount of the salary offset or voluntary payment, based...


(b) The Board's payroll office will determine the amount of an employee's disposable pay and will implement the salary offset. (c) Deductions will begin within...


agency. (1) The Board will coordinate debt collections with other agencies and will, as appropriate: (i) Arrange for a hearing or special review upon proper...


under the authority of 5 U.S.C. 5514, when: (1) The debt is waived or all or part of the funds deducted are otherwise found not to be owed; or (2) An administrative...


a debt being collected under this subpart must not be construed as a waiver of any rights which the employee may have under 5 U.S.C. 5514 or any other provisions of a...


which authorizes the Department of the Treasury to reduce a tax refund by the amount of a past-due legally enforceable debt owed to a Federal agency. (b) For purposes...


the Treasury for administrative matters regarding the offset program. (b) The Board will ensure that the procedures prescribed by the Department of the Treasury...


attempt to notify, the person: (1) The amount of the debt and that the debt is past due; and (2) Unless repaid within 60 days, the debt will be referred to...


debts owed to the Board, or from a request for an offset received by the Board from a Federal agency. Administrative offset is authorized under section 5 of the Federal...


send a notice of intent to offset to the debtor by certified mail, return receipt requested, at the most current address that is available to the Board. The notice...


the terms of repayment. A request to review a disputed debt must be submitted to the Board official who provided the notice of intent to offset within 30 calendar days of...


debt collected by administrative offset will be afforded an opportunity to negotiate a written agreement for repaying the debt. If the financial condition of the debtor does...


and payable to a debtor by another Federal agency be paid to the Board in payment of a debt owed to the Board by that debtor. In requesting administrative offset, the Board,...


and payable to its debtor by the Board be administratively offset in order to collect a debt owed to that agency by the debtor, so long as the funds are not payable from net...


be [[Page 259]] made to the debtor before completion of the procedures required by Sec. Sec. 1639.51 and 1639.52 if failure to take the offset...


[Code of Federal Regulations] [Title 5, Volume 3] [Revised as of January 1, 2004] From the U.S. Government Printing Office via GPO Access [CITE: 5CFR1640.1] [Page 259] TITLE 5--ADMINISTRATIVE PERSONNEL CHAPTER VI--FEDERAL RETIREMENT THRIFT INVESTMENT BOARD PART 1640_PERIODIC PARTICIPANT STATEMENTS--Table of Contents Sec. 1640.1 Definitions. Definitions generally applicable to the Thrift Savings Plan are set forth at 5 CFR 1690.1. ...


Sec. Sec. 1640.3, 1640.4, and 1640.5. Plan participants can obtain account balance information on a more frequent basis from the TSP Web site and...


the participant's individual account: (a) Name, Social Security number, and date of birth under which the account is established; (b) Retirement system...


(1) Contributions; (2) Withdrawals; (3) Forfeitures; (4) Loan disbursements and repayments; (5) Transfers among investment funds; (6) Adjustments to...


This statement will contain the following information concerning each investment fund: (a) A summary description of the type of investments made by the fund, written in...


the TSP Web site. A participant can request paper copies of that information from the TSP by calling the ThriftLine, submitting a request through the TSP Web site, or by...


Accrued means that income is accounted for when earned and expenses are accounted for when incurred. Administrative expenses means expenses described in 5...


posted in dollars and in shares by source and by investment fund to the appropriate individual account by the TSP record keeper, using the share price for the date the...


fund. (b) Net earnings for each investment fund will equal: (1) The sum of the following items, if any, accrued since the last business day: (i)...


be charged to each investment fund. An investment fund's respective portion of administrative expenses will be determined as follows: (a) Accrued administrative...


price for each investment fund for each business day will apply to all sources of contributions for that investment fund. The total net earnings (as computed under Sec....


[Code of Federal Regulations] [Title 5, Volume 3] [Revised as of January 1, 2004] From the U.S. Government Printing Office via GPO Access [CITE: 5CFR1645.6] [Page 261] TITLE 5--ADMINISTRATIVE PERSONNEL CHAPTER VI--FEDERAL RETIREMENT THRIFT INVESTMENT BOARD PART 1645_CALCULATION OF SHARE PRICES--Table of Contents Sec. 1645.6 Basis for calculation of share prices. The total fund basis for each investment fund will be the sum of the number of shares in all individual accounts from all sources of contributions in that investment fund as of the opening of business on each business day. ...


the Thrift Savings Plan are set forth at 5 CFR 1690.1. (b) As used in this part: Eligible employer plan means a plan qualified under I.R.C. section 401(a) (26...


is separated from Government service can elect to withdraw a portion of his or her account balance in a single payment, or the entire account balance by one or a combination of...


to the rules relating to spousal rights (found in subpart G of this part) and to domestic relations orders, alimony and child support legal process, and child abuse...


electronically or on paper, the participant certifies, under penalty of perjury, that all information provided to the TSP during the withdrawal process is true...


TSP record keeper will attempt to locate the participant. If the participant does not respond within 60 days, the TSP will forfeit the returned funds to the Plan....


the restrictions in this subpart, participants may elect to withdraw all or a portion of their TSP accounts in a single payment, a series of monthly payments, a life annuity, or...


can elect to withdraw a portion of his or her account balance in a single payment and leave the rest in the TSP until a later date, subject to Sec. 1650.16 and...


full post-employment withdrawal (i.e., a withdrawal of his or her entire account) can elect to withdraw all or a portion of the account balance in a series of substantially...


full post-employment withdrawal can use all or a portion of his or her account balance to purchase a life annuity. The portion of the participant's account balance elected...


must select a full withdrawal option by the time he or she reaches age 70\1/2\. If the participant does not do so and the TSP is unable to locate the participant,...


withdraw his or her account under Sec. 1650.12, or begin receiving payments under Sec. Sec. 1650.13 or 1650.14, by April 1 of the year following the year in which...


(a) Before processing. A pending withdrawal request can be cancelled if the cancellation is processed before the TSP processes the withdrawal...


(a) Information to be provided to the TSP. When a TSP participant separates from Government service, his or her employing agency must report the separation and the date...


account balance is $200 or more must submit a properly completed withdrawal election to request a post-employment withdrawal of his or her...


from the employing agency that a participant has been separated for more than 31 days and that any outstanding loans have been closed, the TSP record keeper will...


To request a post-employment withdrawal under this subpart, a participant must submit to the TSP record keeper a properly completed post-employment withdrawal request Form...


(a) When a payment is made directly to a participant from the TSP after the participant has separated from Government service, the money is subject...


has reached age 59\1/2\ and who has not separated from Government employment is eligible to withdraw all or a portion of his or her vested TSP account balance in a single...


has not separated from Government employment and who can certify that he or she has a financial hardship is eligible to withdraw all or a portion of his or her...


(a) A participant's TSP contribution election will not be affected by an age-based in-service withdrawal; therefore, his or her TSP contributions will continue...


loan cannot be converted into an in-service withdrawal or vice versa. Funds distributed as an in-service withdrawal cannot be returned...


To request an age-based in-service withdrawal, a participant must submit to the TSP record keeper a properly [[Page 270]] completed age-based withdrawal...


(a) To request a financial hardship in-service withdrawal, a participant must submit to the TSP Service Office a properly completed financial hardship withdrawal form, Form...


(a) When an in-service withdrawal is paid directly from the TSP to a participant, the money is taxable income in the year in which the payment is made (except contributions from...


(a) The spousal rights described in this section apply to full post- employment withdrawals when the married participant's vested TSP account balance exceeds $3,500, and...


(a) The spousal rights described in this section apply to all in- service withdrawals and do not depend on the amount of the participant's vested account balance or the amount...


(a) Whenever this subpart requires the Executive Director to give notice of an action to the spouse of a CSRS participant, an exception to this requirement may...


(a) Whenever this subpart requires the consent of a spouse of a FERS or uniformed services participant to a loan or withdrawal or a waiver of the right to a...


Death benefit means the portion of a deceased participant's account that is payable under FERSA's order of precedence. Domicile means the participant's place of residence...


a deceased participant will be paid as a death benefit to the individual or individuals surviving the participant, in the following order of precedence: (1) To...


Designation of Beneficiary, unless Form TSP-11-B is used for this purpose. All Forms TSP-3 and TSP-11-B signed on or after January 1, 1995, must be received by the TSP...


properly complete a new Form TSP-3, which must be received by the TSP record keeper on or before the date of death of the participant under the same rules as...


on the date of death. A person is considered to be married even if the parties are separated, unless a court decree of divorce or annulment has been entered. State law of...


1651.2(a)(3), the following rules apply: (a) Child. A child includes a natural or adopted child of the deceased participant. (b) Descendants of deceased children....


Amount. If both parents are alive at the time of the participant's death, each parent will be separately paid fifty percent of the account. If only one parent is alive at the time...


following rules apply: (a) Appointment by court. The executor or administrator must provide documentation of court appointment. (b) Appointment by operation of...


[Code of Federal Regulations] [Title 5, Volume 3] [Revised as of January 1, 2004] From the U.S. Government Printing Office via GPO Access [CITE: 5CFR1651.9] [Page 275-276] TITLE 5--ADMINISTRATIVE PERSONNEL CHAPTER VI--FEDERAL RETIREMENT THRIFT INVESTMENT BOARD PART 1651_DEATH BENEFITS--Table of Contents Sec. 1651.9 Participant's next of kin. If the account is to be paid to the participant's next of kin under [[Page 276]] Sec. 1651.2(a)(6), the next of kin of the participant will be determined in accordance with the state law of the participant's domicile at the time of death. ...


Form TSP-11-B who predeceases the participant will be paid pro rata to other designated beneficiary(ies). If there are no designated beneficiaries who survive the...


the account will be paid in accordance with Sec. 1651.10. The same time is considered to be the same hour and minute as indicated on a death certificate. If...


local, state or Federal law enforcement authorities as a suspect. If the beneficiary is convicted of, or pleads guilty to, a crime in connection with the participant's death...


for Account Balance of Deceased Participant. Any potential beneficiary or other individual can file Form TSP-17 with the TSP record keeper. The individual...


to each entitled beneficiary. It will be sent to the address that is provided on Form TSP-3, unless a more recent address is provided on Form TSP-17, or is...


before payment. All contested claims will be referred to the Board. The Board may also consider issues on its own. (b) Payment deferred. No payment will be made until...


(2) If a beneficiary is not identified and located, and at least one year has passed since the date of the participant's death, the beneficiary will...


If the disclaimant is a minor, the parent or guardian of the minor must sign the disclaimer. (b) Valid disclaimer. The disclaimer must expressly state that...


[Code of Federal Regulations] [Title 5, Volume 3] [Revised as of January 1, 2004] From the U.S. Government Printing Office via GPO Access [CITE: 5CFR1651.18] [Page 278] TITLE 5--ADMINISTRATIVE PERSONNEL CHAPTER VI--FEDERAL RETIREMENT THRIFT INVESTMENT BOARD PART 1651_DEATH BENEFITS--Table of Contents Sec. 1651.18 Payment to one bars payment to another. Payment made to a beneficiary(ies) in accordance with this part, based upon information received before payment, bars any claim by any other person. ...


generally applicable to the Thrift Savings Plan are set forth at 5 CFR 1690.1. (b) As used in this subpart: Court means any court of any State, the District...


(a) To be qualifying, and thus enforceable against the TSP, a retirement benefits court order must meet the following requirements: (1) The order must...


(a) The payment of a retirement benefits court order from the TSP is governed solely by FERSA and by the terms of this subpart. The TSP will honor...


(a) For purposes of computing the amount of a payee's entitlement under this section, a participant's TSP account balance will include any loan balance outstanding as of the...


to a qualifying retirement benefits court order ordinarily will be made 60 days after the date of the TSP decision letter. This is intended to permit the payee sufficient time...


Alimony Currently Sec. 1653.11 Definitions. (a) Definitions generally applicable to the Thrift Savings Plan are set forth at 5 CFR 1600.1. (b) As...


Alimony Currently Sec. 1653.12 Qualifying legal processes. (a) The TSP will only honor the terms of a legal process that is qualifying under paragraph (b) of...


Alimony Currently Sec. 1653.13 Processing legal processes. (a) The payment of legal processes from the TSP is governed solely by the Federal...


Alimony Currently Sec. 1653.14 Calculating entitlements. A qualifying legal process can only require the payment of a specified dollar amount from the TSP....


Alimony Currently Sec. 1653.15 Payment. Payment pursuant to a qualifying legal process will be made in accordance with Sec....


applicable to the Thrift Savings Plan are set forth at 5 CFR 1690.1. (b) As used in this subpart: Child means an individual less than 18 years of age. ...


8467(a)(2), the TSP will honor a court order or other similar process in the nature of a garnishment that is brought to enforce a judgment against a participant...


maximum extent consistent with sections 8437(e)(3) and 8467(a)(2), child abuse court orders will be processed by the TSP under the procedures described in subparts A and B of...


means the reduction in a loan by periodic payments of principal and interest according to a schedule of payments. Date of application means the day on which the TSP...


account. Only a participant who has at least $1,000 in employee contributions and attributable earnings in his or her account may receive a loan (subject to the other terms...


site, from the participant's personnel office or service, or from the TSP record keeper). From this information, a participant can determine the effects of a loan on his or...


be a residential loan. A participant with both a civilian TSP account and a uniformed services TSP account may have two outstanding loans from...


maximum repayment period a participant may request for a general purpose loan is five years of scheduled payments. The maximum repayment period a participant may request for...


of a new loan must be less than or equal to the smallest of the following: (1) The portion of the participant's individual account balance that is attributable to...


of the Treasury in effect on the date the TSP record keeper processes the paper application or on the date the request is entered on the TSP Web site. (b)...


[Code of Federal Regulations] [Title 5, Volume 3] [Revised as of January 1, 2004] From the U.S. Government Printing Office via GPO Access [CITE: 5CFR1655.8] [Page 288] TITLE 5--ADMINISTRATIVE PERSONNEL CHAPTER VI--FEDERAL RETIREMENT THRIFT INVESTMENT BOARD PART 1655_LOAN PROGRAM--Table of Contents Sec. 1655.8 Quarterly statements. Information relating to any outstanding loan will be included on the quarterly participant statements. ...


funds will no longer generate earnings. (b) The loan principal will be disbursed from that portion of the account represented by employee contributions and...


record keeper. (b) The following participants may also apply for and complete a loan request on the TSP Web site: (1) FERS participants or members of the...


1655.2 or has failed to provide all required information on the loan application; (b) The participant has the maximum number of loans outstanding or, if the application...


the terms and conditions of the loan, as follows: (1) If the participant submits a paper loan application, the TSP record keeper will mail the loan agreement (Form...


with any documentation required to be submitted, the loan will be initially approved or denied by the TSP record keeper based upon the requirements of this part,...


cannot terminate the payroll deductions at the employee's request, unless the TSP instructs it to do so. For example, employing agencies must stop loan payments if...


(1) A participant is in a confirmed nonpay status for a period of one year or more, has not advised the TSP that he or she is serving on active military duty, and payments are...


(b) Upon reamortization, the outstanding principal balance remains the same. Any accrued interest is paid off first before payments are applied to principal...


1655.15, unless the participant has separated from Government service and has submitted a signed statement that he or she has forfeited the right to repay the loan in...


participant's current spouse that the participant has applied for a loan. (2) A CSRS participant may obtain an exception to the requirement described in paragraph...


to a participant's legal obligation to provide child support or to make alimony payments, or a qualifying child abuse order, the participant's TSP account will be...


and his or her spouse, and for related purchase costs. The participant must actually bear all or part of the cost of the purchase. If the participant purchases a...


established for a participant in the Thrift Savings Plan under 5 U.S.C. 8439(a). Account balance means the sum of the dollar balances for each source of contributions...


for all purposes, except where another applicable provision of law requires that a fiscal year or other basis be used. As used in this section, the term ``calendar-year...


signature by the participant on a TSP form, where the participant desires to effect transactions through an agent (i.e., an attorney-in- fact). Before an attorney-in-fact may sign...


that require a signature by the participant on a TSP form, where the participant is legally unable to sign his or her name because of physical or mental incapacity. Before...




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