- FERS Employees
- CSRS Employees
- Members of the Uniformed Services
- Rehired FERS and CSRS Employees
- Beneficiary Participants
FERS Employees
If you are a FERS employee and you were hired after July 31, 2010, your agency has automatically enrolled you in the TSP, and 3% of your basic pay is deducted from your paycheck each pay period and deposited in the traditional balance of your TSP account, unless you have made an election to change or stop your contributions. You can make an election by following the instructions in Starting, Changing, and Stopping Your Contributions.
If you are a FERS employee and you were hired before August 1, 2010, you already have a TSP account with accruing Agency Automatic (1%) Contributions. In addition, you can make contributions to your account from your pay and receive Agency Matching Contributions.
You can make a contribution election using your agency's electronic system, if it has one. For example, many FERS employees are able to use Employee Express. If your agency does not use an automated system, you can complete Form TSP-1, Election Form, and return it to your agency.
CSRS Employees
If you are a CSRS employee, your account is established by your agency after you make a contribution election using your agency's automated system, if it has one. For example, many CSRS employees use Employee Express. If your agency does not use an electronic system, you can complete Form TSP-1, Election Form, and return it to your agency.
Members of the Uniformed Services
If you are a member of the uniformed services, your account is established by your service after you make a contribution election using your service's automated system, if it has one. For example, most members of the uniformed services use myPay. If your service does not use an electronic system, you can complete Form TSP-U-1, Election Form and return it to your service.
Rehired FERS and CSRS Employees
If you are a FERS or CSRS employee and you were rehired after July 31, 2010, your agency has automatically enrolled you in the TSP, and 3% of your basic pay is deducted from your paycheck each pay period and deposited in the traditional balance of your TSP account, unless you make an election to stop or change your contributions. You can make an election by following the instructions in Starting, Changing, and Stopping Your Contributions.
For more information about how the rehiring rules apply to you, visit Rehired Employees.
Beneficiary Participants
If you are the spouse beneficiary of a deceased civilian or uniformed services TSP participant's account and your share of the balance in the account is $200 or more, the TSP will automatically establish a beneficiary participant account in your name.
For detailed information about how the TSP rules apply to you, visit Beneficiary Participants.
