HR 3354
107th Congress
House
Government Operations and Politics
Civil Service pensions
Congress
Federal employees
Labor and Employment
Members of Congress
Older workers
Social Welfare
Tax-deferred compensation plans
Taxation
To amend title 5, United States Code, to allow certain catch-up contributions to the Thrift Savings Plan to be made by participants age 50 or over, and to afford employees and Members full immediate participation in the Thrift Savings Plan upon commencing Federal service.
Introduced: November 27, 2001
See on congress.gov
Everywhere this bill has been
4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 29, 2001
Referred to the Subcommittee on the Civil Service and Agency Organization.
Nov 27, 2001
Introduced in House
Nov 27, 2001
Referred to the House Committee on Government Reform.
Nov 27, 2001
Sponsor introductory remarks on measure. (CR E2135-2136)
Plain-English summary
Allows certain eligible participants to make such additional contributions to the Thrift Savings Plan as are permitted by: (1) provisions of the Internal Revenue Code pertaining to catch-up contributions to pension, profit-sharing, and/or stock bonus plans for individuals age 50 and over; and (2) consistent regulations of the Executive Director of the Federal Retirement Thrift Investment Board.
Repeals provisions limiting the pay periods with respect to which agency contributions shall be payable (thus affording employees and members full immediate participation in the Plan upon commencing Federal service).
What's happening now
Referred to the Subcommittee on the Civil Service and Agency Organization.
Committees of jurisdiction
2
Cosponsors
1