POSTAL NEWS

...from various sources.

4.25.2008

TSP May Begin Automatic Participation

Board to press for automatic TSP enrollment of new employees
"...draft legislation prepared by the board, new or rehired employees would have 3 percent of their basic pay automatically contributed to one of TSP’s L Funds as soon as they begin work, unless they specifically decline to participate. Employees would have 90 days to opt out of the program and receive a full refund. ..."

Source: www.federaltimes.com

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