Please support HR 1256
I ask you please support HR 1256.
Federal Retirement Reform Act of 2009 - Title I: Provisions Relating to Federal Employees Retirement - Subtitle A: Thrift Savings Plan Enhancement - (Sec. 101) Thrift Savings Plan Enhancement Act of 2009 - Requires the Federal Retirement Thrift Investment Board to provide for: (1) automatic enrollment in the Thrift Savings Plan (TSP) at a specified default percentage (between 2% and 5%) of basic pay of anyone appointed, transferred, or reappointed to a position in which that individual is eligible to contribute to TSP; (2) the inclusion in TSP of a qualified Roth contribution program and (3) the addition of a self-directed investment window under TSP, if it would be in the best interests of participants, limited to low-cost, passively-managed index funds that offer diversification. Subtitle B: Other Retirement-Related Provisions - (Sec. 111) Requires the total service of an employee who retires eligible for an annuity under the Federal Employees' Retirement System (FERS) or who dies leaving a survivor entitled to benefits to include the employee's days of unused sick leave for annuity computation purposes.
These provisions are very important for Federal employees...and I ask as your constituent that you support these for the best interest of federal employees..
Federal Retirement Reform Act of 2009 - Title I: Provisions Relating to Federal Employees Retirement - Subtitle A: Thrift Savings Plan Enhancement - (Sec. 101) Thrift Savings Plan Enhancement Act of 2009 - Requires the Federal Retirement Thrift Investment Board to provide for: (1) automatic enrollment in the Thrift Savings Plan (TSP) at a specified default percentage (between 2% and 5%) of basic pay of anyone appointed, transferred, or reappointed to a position in which that individual is eligible to contribute to TSP; (2) the inclusion in TSP of a qualified Roth contribution program and (3) the addition of a self-directed investment window under TSP, if it would be in the best interests of participants, limited to low-cost, passively-managed index funds that offer diversification. Subtitle B: Other Retirement-Related Provisions - (Sec. 111) Requires the total service of an employee who retires eligible for an annuity under the Federal Employees' Retirement System (FERS) or who dies leaving a survivor entitled to benefits to include the employee's days of unused sick leave for annuity computation purposes.
These provisions are very important for Federal employees...and I ask as your constituent that you support these for the best interest of federal employees..
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