A retirement plan benefit offered to federal government employees whereby the agency employer contributes a percentage of the employee's annual salary to a thrift savings plan. The percentage is often 1% of gross salary and is deposited with or without the employee electing to contribute his own funds.
Related information about agency automatic contributions:
- Agency Automatic Contributions Definition | Investopedia
A benefit that federal government employees receive for participating in the thrift savings plan. More specifically, this benefit refers to how the government ...
- TSP: Types of Contributions
Only your agency or service can process your contribution election because it must calculate your contributions and deduct them from your pay. To verify the ...
- Thrift Savings Plan - Wikipedia, the free encyclopedia
Prior to June 22, 2009, new employees had to wait at least one year before receiving matching contributions (including Agency Automatic Contributions); after ...
- When do I start receiving my TSP Agency Automatic 1% and ...
Jul 2, 2008 ... In addition to receiving the Agency Automatic Contributions, your agency will also match up to four percent of the basic pay that you elect to ...
- this final order is nonprecedential - Merit Systems Protection Board
Oct 2, 2012 ... account the 1% agency automatic contributions that had been forfeited. The. Board will not consider an argument raised for the first time in a ...
- DoD CPMS :: FAS :: USERRA Effects on TSP
Forfeitures: If a FERS employee separated to perform military service before he or she was vested and thus forfeited agency automatic contributions, he or she is ...
- Treasury Office of the Inspector General Orientation - Benefits - New ...
Jul 18, 2012 ... Employee Contributions; Agency Automatic Contributions and Matching Contributions; Investments; TSP Loans; Transferring Funds into the ...
- Thrift Savings Plan
Federal employees contribute to their Thrift Savings Plan accounts in three ways -- agency automatic contributions, employee contributions and matching ...