TSP

T

TODAD

todad
Joined
Feb 5, 2021
Messages
4
The USCGA offers its midshipman opportunities to participate in TSP, and I wonder if the opportunity is also available at other academies?
 
I think there is a loophole in payment authorities that allows the non-DOD USCGA cadets to contribute to TSP but prohibits the 3 DOD SA cadets and midshipmen.
 
Had to look that up as I didn't know what TSP was, https://www.tsp.gov/tsp-basics/how-tsp-fits/

Participant eligibility​

Most employees of the United States government are eligible to participate in the TSP. You are eligible if you’re any of the following:
  • A FERS employee (generally if you were hired on or after January 1, 1984)
  • A CSRS employee (generally if you were hired before January 1, 1984 and did not convert to FERS)
  • A member of the uniformed services (active duty or Ready Reserve)
  • A civilian in certain other categories of government service
In addition to being covered by an eligible retirement system, you must also be
  • actively employed by the federal government as a civilian employee or as a member of the uniformed services,
  • in a pay status in order to contribute, and
  • working full- or part-time.
 
Did anyone else think this was referring to Tailor Shop Party ? Tailor Shop Party was time designated during Plebe Summer for uniform fittings. It was a time that we looked forward too, as it means we were relatively free from the attention of the detailers, and could use the dead time studying rates.
 
Old Navy BGO said:
Did anyone else think this was referring to Tailor Shop Party ? Tailor Shop Party was time designated during Plebe Summer for uniform fittings. It was a time that we looked forward too, as it means we were relatively free from the attention of the detailers, and could use the dead time studying rates.
Click to expand...
No, but the free time will certainly help. Thanks
BlakeG said:
Had to look that up as I didn't know what TSP was, https://www.tsp.gov/tsp-basics/how-tsp-fits/

Participant eligibility​

Most employees of the United States government are eligible to participate in the TSP. You are eligible if you’re any of the following:
  • A FERS employee (generally if you were hired on or after January 1, 1984)
  • A CSRS employee (generally if you were hired before January 1, 1984 and did not convert to FERS)
  • A member of the uniformed services (active duty or Ready Reserve)
  • A civilian in certain other categories of government service
In addition to being covered by an eligible retirement system, you must also be
  • actively employed by the federal government as a civilian employee or as a member of the uniformed services,
  • in a pay status in order to contribute, and
  • working full- or part-time.
Click to expand...

This sounds like for employees, not cadets, but thank you for posting the info.
 
You must log in or register to reply here.
Back
Top