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TSP Proposes New Shutdown Loan Rules, OPM Considers Health Care Portal, and More
Government Executive: Officials with the agency that administers the federal government’s 401(k)-style retirement savings program published an interim rule Tuesday that would ensure federal employees impacted by a government shutdown can take out loans on their Thrift Savings Plan accounts regardless of how long the lapse in appropriations is expected to last.
Posted in the Federal Register by the Federal Retirement Thrift Investment Board, which governs the TSP, the rule narrowly applies to federal workers who are either furloughed or forced to work without pay during a lapse in appropriations.
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