Shutdown Relief Act 2019-01-17 Introduced in House Shutdown Relief Act

This bill requires that a lapse in appropriations (i.e., government shutdown) shall be deemed a financial hardship for the purpose of allowing Thrift Savings Plan (TSP) participants to make withdrawals from their TSP accounts.

Federal employees participating in the TSP may withdraw funds from their accounts up to the amount of the annual salary they would have received but for such lapse. Such withdrawals shall be without penalty if the funds are returned to the TSP account within 180 days.

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