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50 U.S.C. § 2142 — Thrift Savings Plan participation

submitted 34 years ago by Pub. L. 88-643 to r/title-50-WAR-AND-NATIONAL-DEFENSE · 75 words · no verdicts yet

in plain englishAI-generated · not legal advice

Participants in the system are treated as employees for purposes of title 5 section 8351 and its Thrift Savings Plan provisions. Rules about managing certain Thrift Savings Plan accounts apply to their contributions and related earnings.

(a) Eligibility for Thrift Savings Plan. Participants in the system are treated as employees for purposes of section 8351 of title 5.

(b) Management of Thrift Savings Plan accounts by Director. Subsections (k) and (m) of title 5 section 8461 apply to participants’ contributions to the Thrift Savings Fund under title 5 section 8351 and to earnings attributable to investing those contributions.

the actual law source: uscode.house.gov ↗public domain
(a) Eligibility for Thrift Savings Plan

Participants in the system shall be deemed to be employees for the purposes of section 8351 of title 5.

(b) Management of Thrift Savings Plan accounts by Director

Subsections (k) and (m) of section 8461 of title 5 shall apply with respect to contributions made by participants to the Thrift Savings Fund under section 8351 of such title and to earnings attributable to the investment of such contributions.

Source credit: (Pub. L. 88–643, title II, § 293, as added Pub. L. 102–496, title VIII, § 802, Oct. 24, 1992, 106 Stat. 3242.)

history & why it existsrecord from the source credit
  • 1992Enacted · Pub. L. 88-643 · 106 Stat. 3242

A history note hasn’t been published yet. The record shows enactment by Pub. L. 88-643 on 1992-10-24.

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