Federal Managers Association

In the News

• TSP Debts Remain Collectible After Leaving Federal Government - April 24, 2014

• Final Rule Codifies a 1996 Law

  By Eric Katz, Government Executive
  
  
  The Federal Retirement Thrift Investment Board (FRTIB), which administers the Thrift Savings Plan (TSP), issued a final rule allowing the agency to compel private-sector employers to deduct from an employee's paycheck to cover debts owed. The rule requires 30 days' notice prior to arranging for paycheck deductions. Employees can set up a payment plan or ask for a hearing to question the debt.
  
  
  To read the full article, please click here. 

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