TITLE 5 - ADMINISTRATIVE PERSONNEL

CHAPTER VI - FEDERAL RETIREMENT THRIFT INVESTMENT BOARD

SUBCHAPTER C - JOINT REGULATIONS WITH THE OFFICE OF PERSONNEL MANAGEMENT

PART 1600 - EMPLOYEE CONTRIBUTION ELECTIONS AND CONTRIBUTION ALLOCATIONS

subpart b - ELECTIONS

1600.12 - Contribution elections.

  (a) An employee may make a contribution election at any time.

  (b) A participant must submit a contribution election to his or her employing agency. To make an election, employees may use either the paper election form provided by the TSP, or, if available from their employing agency, electronic media. If an electronic medium is used, all relevant elements contained on the paper form must be included in the electronic medium.

  (c) A contribution election must: (1) Be completed in accordance with the instructions on the form, if a paper form is used; (2) Be made in accordance with the employing agency's instructions, if the submission is made electronically; and (3) Not exceed the maximum contribution limitations described in 1600.22.

  (d) A contribution election will become effective no later than the first full pay period after it is received by the employing agency.

[70 FR 32207, June 1, 2005]