3.0.0 873 2023-01-11T13:36:58Z 2023-01-11T13:36:58Z Senate S 2017-04-06 115 ssga00 Homeland Security and Governmental Affairs Committee Senate Standing Reported by 2017-11-08T21:58:17Z Markup by 2017-07-26T14:00:48Z Referred to 2017-04-06T18:02:40Z S. Rept. 115-183 TSP Modernization Act of 2017 115 3031 HR 2017-11-17 Signed by President. Related bill House Related bill CRS 2017-11-08 Senate Placed on Senate Legislative Calendar under General Orders. Calendar No. 260. Calendars 2017-11-08 ssga00 Homeland Security and Governmental Affairs Committee Senate Committee on Homeland Security and Governmental Affairs. Reported by Senator Johnson with an amendment. With written report No. 115-183. Committee 2017-11-08 Committee on Homeland Security and Governmental Affairs. Reported by Senator Johnson with an amendment. With written report No. 115-183. Committee 14000 9 Library of Congress ssga00 Homeland Security and Governmental Affairs Committee 2017-07-26 ssga00 Homeland Security and Governmental Affairs Committee Senate Committee on Homeland Security and Governmental Affairs. Ordered to be reported without amendment favorably. Committee 2017-04-06 ssga00 Homeland Security and Governmental Affairs Committee Senate Read twice and referred to the Committee on Homeland Security and Governmental Affairs. IntroReferral 2017-04-06 Introduced in Senate IntroReferral 10000 9 Library of Congress P000449 Sen. Portman, Rob [R-OH] Rob Portman R OH N C000174 Sen. Carper, Thomas R. [D-DE] Thomas Carper D DE R. 2017-04-06 True D000622 Sen. Duckworth, Tammy [D-IL] Tammy Duckworth D IL 2017-09-05 False R000605 Sen. Rounds, Mike [R-SD] Mike Rounds R SD 2017-09-05 False K000384 Sen. Kaine, Tim [D-VA] Timothy Kaine D VA M. 2017-09-25 False 2017-08-17T19:59:51Z S. 873, TSP Modernization Act of 2017 https://www.cbo.gov/publication/53025 As ordered reported by the Senate Committee on Homeland Security and Governmental Affairs on July 26, 2017 Government Operations and Politics Employee benefits and pensions Government employee pay, benefits, personnel management Government Operations and Politics 00 2017-04-06 Introduced in Senate 2017-10-10T19:41:14Z TSP Modernization Act of 2017

This bill modifies the rules relating to withdrawals from the Thrift Saving Plan (TSP) accounts of former federal employees and Members of Congress. Under current law, such employees and Members may make only one partial withdrawal upon reaching age 59-1/2 while employed or one withdrawal after retirement. The bill permits an unlimited number of such withdrawals.

The bill also eliminates: (1) the withdrawal election deadline (i.e., by April 1 of the year after the year in which the plan participant turns 70-1/2 or is separated from service); and (2) the limitation on age-based in-service withdrawals.

]]> TSP Modernization Act of 2017 Display Title TSP Modernization Act of 2017 Official Title as Introduced A bill to amend section 8433 of title 5, United States Code, to provide for flexibility in making withdrawals from the Thrift Savings Fund. Introduced in Senate IS Short Titles as Introduced TSP Modernization Act of 2017 Short Titles as Reported to Senate TSP Modernization Act of 2017 S Senate Reported to Senate 2017-11-08T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115s873rs/xml/BILLS-115s873rs.xml Introduced in Senate 2017-04-06T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-115s873is/xml/BILLS-115s873is.xml 2017-11-08 Placed on Senate Legislative Calendar under General Orders. Calendar No. 260. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.