Automatic Agency Contribution Goes Live
The folks at the Federal Retirement Thrift Investment Board weren't kidding when they said provisions of the tobacco legislation that made changes to the Thrift Savings Plan could be implemented as early as July. The Board published the regulation starting automatic agency contributions equivalent 1 percent of income to employees' TSP accounts in the federal register today, saying that provision is effective immediately.
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Government Executive Staff Correspondent Alyssa Rosenberg takes a look at news affecting the management and operations of the massive federal bureaucracy.
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