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The Thrift Savings Plan: Will Reservists Participate? (Conference Proceedings)

0/5 ( ratings)

The FY2000 National Defense Authorization Act provided authority to members of the armed services to participate in the federal thrift savings plan , whose structure is similar to the Civil Service Retirement System. A cost analysis by the Federal Thrift Retirement Investment Board found that extending the TSP to reservists is a poor idea because of the excessive cost of administering many small accounts. However, the authors conclude that although reserve TSP accounts are likely to be numerous and small on average, a relatively small number of reservists are likely to participate and reserve accounts will be large of prior service personnel can transfer their active-duty balances.

Language: English

Pages: 40

Format: Paperback

Release: August 08, 2000

ISBN 13: 9780833028716

The Thrift Savings Plan: Will Reservists Participate? (Conference Proceedings)

0/5 ( ratings)

The FY2000 National Defense Authorization Act provided authority to members of the armed services to participate in the federal thrift savings plan , whose structure is similar to the Civil Service Retirement System. A cost analysis by the Federal Thrift Retirement Investment Board found that extending the TSP to reservists is a poor idea because of the excessive cost of administering many small accounts. However, the authors conclude that although reserve TSP accounts are likely to be numerous and small on average, a relatively small number of reservists are likely to participate and reserve accounts will be large of prior service personnel can transfer their active-duty balances.

Language: English

Pages: 40

Format: Paperback

Release: August 08, 2000

ISBN 13: 9780833028716

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