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5 U.S.C. § 8440fMaximum percentage allowable for certain participants

submitted 26 years ago by Pub. L. 106-554 to r/title-5-GOVERNMENT-ORGANIZATION-AND-EMPLOYEES · 94 words · no verdicts yet

in plain englishAI-generated · not legal advice

A translation hasn’t been published for this section yet. The official text below is complete and authoritative.

the actual law source: uscode.house.gov ↗public domain
(a)

The maximum percentage allowable under this section shall be determined in accordance with the following table:

In the case of a pay period beginning

 in fiscal year:

The maximum percentage

allowable is:

2001

6  

2002

7  

2003

8  

2004

9  

2005

10  

2006 or thereafter

100.

(b)

Notwithstanding any limitation under this section, an eligible participant (as defined by section 414(v) of the Internal Revenue Code of 1986) may make such additional contributions to the Thrift Savings Fund as are permitted by such section 414(v) and regulations of the Executive Director consistent therewith.

Source credit: (Added Pub. L. 106–554, § 1(a)(4) [div. B, title I, § 138(a)(7)(A)], Dec. 21, 2000, 114 Stat. 2763, 2763A–234; amended Pub. L. 107–304, § 1(b)(2), Nov. 27, 2002, 116 Stat. 2363.)

history & why it existsrecord from the source credit
  • 2000Enacted · Pub. L. 106-554 · 114 Stat. 2763, 2763
  • 2002Amended · Pub. L. 107-304 · 116 Stat. 2363

A history note hasn’t been published yet. The record shows enactment by Pub. L. 106-554 on 2000-12-21.

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