A bill to amend title 5, United States Code, to allow certain catchup contributions to the Thrift Savings Plan to be made by participants age 50 or over.

Fact Sheet API

Bill Number

S 1822

Introduced

Dec 13, 2001

Latest Action

Placed on Senate Legislative Calendar under General Orders. Calendar No. 770.

Sponsor

Cosponsors

Topics

Civil Service pensions Federal employees Government Operations and Politics Labor and Employment Older workers Social Welfare Tax-deferred compensation plans Taxation

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Votes

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 with regulations of the Executive Director of the Federal Retirement Thrift Investment Board.

Applies such provisions with respect to justices and judges of the United States, bankruptcy and magistrate judges, Court of Federal Claims judges, judges of the United States Court of Appeals for Veterans Claims, and members of the uniformed services who are enrolled in FERS.

Actions

Nov 19, 2002

Placed on Senate Legislative Calendar under General Orders. Calendar No. 770.
Nov 19, 2002

Committee on Governmental Affairs. Reported by Senator Lieberman without amendment. Without written report.
Mar 21, 2002

Committee on Governmental Affairs. Ordered to be reported without amendment favorably.
Dec 17, 2001

Committee on Governmental Affairs referred to Subcommittee on International Security, Proliferation and Federal Services.
Dec 13, 2001

Read twice and referred to the Committee on Governmental Affairs.
Dec 13, 2001

Introduced in Senate

Amendments

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