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MJSRN
07-19-2009, 01:54 AM
I understand that Employer is now supposed to match contributions to the TSP up to 5 percent, even if employed less than one year. My question is; will there be retroactive contributions for monies contributed before this one year rule was changed?

Guest2
07-19-2009, 02:38 AM
I understand that Employer is now supposed to match contributions to the TSP up to 5 percent, even if employed less than one year. My question is; will there be retroactive contributions for monies contributed before this one year rule was changed?

When it comes to the Government, you'll find that they seldom do anything
that will cost them more money. The mere word "Retroactive" makes both Republicans
and Democrats turn pale and run for the hills. I haven't found anything that would lead
one to believe that Federal Employees will benefit from a Retroactive matching of contributions.

The government tends to go by dates that the new policy began. Anyone
hired after such and such a date will be treated differently then those hired
prior to that date.

I hope I got your question right and it helped in some small way. ;)

Show-me
07-19-2009, 06:41 AM
Welcome, I believe you only get the contributions from the date of enactment of the rule change. Any time before that would not be covered because it was not the rule.

Short answer, no.