2020-21183. Automatic Enrollment Program; Correction  

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    AGENCY:

    Federal Retirement Thrift Investment Board.

    ACTION:

    Final rule; correction.

    SUMMARY:

    The Federal Retirement Thrift Investment Board (“FRTIB”) published a final rule in the Federal Register on September 16, 2020 concerning changes to the automatic enrollment percentage and a clarification regarding installment payments calculated based on life expectancy. This document contained effective dates for the changes but not for the rule itself.

    Start Further Info

    FOR FURTHER INFORMATION CONTACT:

    Austen Townsend, (202) 864-8647.

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    SUPPLEMENTARY INFORMATION:

    Correction: In the Federal Register of September 16, 2020, in FR Doc. 20-17811, on page 57665, in the first column, correct the Dates caption to read:

    DATES: This rule is effective September 30, 2020. The change to the automatic enrollment percentage is effective October 1, 2020, for participants who are automatically enrolled in the TSP on or after that date, and January 1, 2021, for BRS participants who are automatically re-enrolled in the TSP on or after that date. The clarification regarding installment payments calculated based on life expectancy is effective immediately.

    Start Signature

    Ravindra Deo,

    Executive Director, Federal Retirement Thrift Investment Board.

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    [FR Doc. 2020-21183 Filed 9-29-20; 8:45 am]

    BILLING CODE 6760-01-P

Document Information

Effective Date:
9/30/2020
Published:
09/30/2020
Department:
Federal Retirement Thrift Investment Board
EntryType:
Rule
Action:
Final rule; correction.
Document Number:
2020-21183
Dates:
This rule is effective September 30, 2020. The change to the automatic enrollment percentage is effective October 1, 2020, for participants who are automatically enrolled in the TSP on or after that date, and January 1, 2021, for BRS participants who are automatically re-enrolled in the TSP on or after that date. The clarification regarding installment payments calculated based on life expectancy is effective immediately.
Pages:
61576-61576 (1 pages)
SectionNoes:
PDF File:
2020-21183.pdf
CFR: (2)
5 CFR 1600
5 CFR 1650