P 011429Z DEC 17
FM DFAS CLEVELAND OH
TO AIG 4730//
AIG 4676//
AIG 4678//
BT
UNCLAS
MSGID/GENADMIN/NMPO/JFLQ//
SUBJ/INFORMATION ON THE THRIFT SAVINGS PLAN (TSP) FOR THE NEW BLENDED
RETIREMENT SYSTEM (BRS) EFFECTIVE JANUARY 1, 2018 FOR NAVY RESERVE
MEMBERS.//
MILITARY PAY ADVISORY 38/17//
POC/BARBARA BLOCK/CODE JFLQ/TEL:216-204-4308//
RMKS/1. THIS MILITARY PAY ADVISORY IS TO PROVIDE INFORMATION ON TSP
FOR THE NEW BLENDED RETIREMENT SYSTEM FOR NAVY RESERVE MEMBERS.
REF/A/DOC/THE NATIONAL DEFENSE AUTHORIZATION ACT FOR FISCAL YEAR
2016, PUBLIC LAW 114-92/NOVEMBER 25, 2015.//
REF/B/DOC/TSP BULLETIN 17-U-3/AUGUST 29, 2017//
AMPN/REF A CHANGED THE UNIFORMED SERVICES RETIREMENT PLAN TO INCLUDE
ENHANCED TSP BENEFITS. REF B IS REVISION TO IMPLEMENTATION OF THE
BRS.//
2. GENERAL INFORMATION CONCERNING THE IMPLEMENTATION OF THE BRS
MAY BE LOCATED IN REF B.
3. INTRODUCTION.
A. MEMBERS WHO ENTER THE SERVICE ON OR AFTER JANUARY 1, 2018 ARE
AUTOMATICALLY ENROLLED INTO TSP CONTRIBUTING 3% OF THEIR BASIC PAY
AND MUST START NO LATER THAN THE FIRST FULL PAY PERIOD FOLLOWING THE
DATE THAT IS SIXTY DAYS AFTER THE MEMBER'S PAY ENTRY BASE DATE (PEBD).
AUTOMATIC AGENCY 1% CONTRIBUTIONS WILL BEGIN 60 DAYS AFTER ENTRY.
MATCHING CONTRIBUTIONS UP TO AN ADDITIONAL 4% WILL BEGIN AFTER 2 YEARS
OF SERVICE.
B. IF A NEW MEMBER INDICATES THAT THEY WISH TO DECLINE AN AUTOMATIC
TSP ELECTION THEN THIS SHOULD BE INDICATED ON THE ACCESSION
TRANSACTION BLENDED RETIREMENT INDICATOR. THE MEMBER MAY ALSO START
A TSP ELECTION AT THE PERCENTAGES THEY WANT AT ANY TIME. THEY MAY USE
MYPAY TO SUBMIT A TSP ELECTION.
C. MEMBERS MAY VOLUNTARILY CONTRIBUTE IMMEDIATELY UPON BEING
AUTOMATICALLY ENROLLED IN BRS. THERE IS NO 60 DAY WAITING PERIOD.
D. MEMBERS SUBJECT TO AUTOMATIC ENROLLMENT WHO TERMINATE THEIR
CONTRIBUTIONS AND DO NOT ELECT TO RESUME THEM BY THE LAST FULL PAY
PERIOD OF THE YEAR WILL BE REENROLLED AT A RATE OF 3% BASIC PAY
EFFECTIVE JANUARY 1ST OF THE FOLLOWING YEAR. AUTO ENROLLED MEMBERS
WHO ARE IN A NON-CONTRIBUTION PERIOD DUE TO A FINANCIAL HARDSHIP
WITHDRAWAL AT THE END OF THE YEAR WILL NOT BE REENROLLED IN
JANUARY. IF THE MEMBER DOES NOT RESUME CONTRIBUTIONS IN THE
FOLLOWING YEAR THE MEMBER WILL BE REENROLLED IN THE SUBSEQUENT
YEAR. MEMBERS CAN CHANGE THE PERCENTAGE AT ANY TIME OR TERMINATE
THEIR CONTRIBUTIONS AT ANY TIME.
E. MEMBERS MAY REQUEST A REFUND OF THE MEMBER CONTRIBUTIONS
THAT ARE DEDUCTED FROM THEIR BASIC PAY (INCLUDING ASSOCIATED
EARNINGS) WITHIN THE FIRST 90 DAYS OF THE MEMBER'S FIRST AUTOMATIC
ENROLLMENT CONTRIBUTION.  EVEN IF A MEMBER REQUESTS A REFUND OF
AUTOMATIC ENROLLMENT CONTRIBUTIONS, THE MEMBER MAY STILL CONTINUE
MAKING TSP CONTRIBUTIONS. FORM TSP-25 AUTOMATIC ENROLLMENT REFUND
REQUEST, MUST BE SUBMITTED DIRECTLY TO THE TSP AND BE RECEIVED NO
LATER THAN 90 DAYS AFTER THE TSP'S RECEIPT OF THE FIRST AUTOMATIC
ENROLLMENT CONTRIBUTION (THE REFUND DEADLINE DATE). THIS DATE IS
PROVIDED IN THE TSP WELCOME LETTER SENT TO ALL MEMBERS UPON RECEIPT
OF THEIR FIRST CONTRIBUTION.
F. MEMBERS WITH FEWER THAN 4320 RETIREMENT POINTS AS OF
DECEMBER 31, 2017 MAY ELECT TO OPT-IN. MEMBERS CURRENTLY SERVING WILL
SEE THE AUTOMATIC 1% AND MATCHING CONTRIBUTIONS THE FIRST FULL PAY
PERIOD AFTER OPTING IN. THERE WILL BE NO WAITING PERIOD.
G. MEMBERS WHO OPT-IN ARE GENERALLY NOT SUBJECT TO THE AUTOMATIC
ENROLLMENT AND REENROLLMENT PROCEDURES. HOWEVER WHEN A OPT-IN
MEMBER SEPARATES AND THEN REENTERS SERVICE, THAT MEMBER WILL BE
AUTOMATICALLY ENROLLED AND REENROLLED.
H. BOTH THE AUTOMATIC AND MATCHING CONTRIBUTIONS WILL CONTINUE
THOUGH THE END OF THE PAY PERIOD DURING WHICH THE MEMBER ATTAINS
26 YEARS OF SERVICE.
I. MYPAY WILL ALLOW SERVICE MEMBERS WHO ARE ELIGIBLE TO OPT-IN TO
MAKE THEIR ELECTION. THE ELECTION MAY BE MADE ANY TIME DURING THE
CALENDAR YEAR 2018, AND LATER FOR HARDSHIP EXCEPTIONS, INCLUDING
ELIGIBLE MEMBERS WITH A BREAK IN SERVICE.
J. FOR MEMBERS WHO OPTED-IN DURING PRIOR PERIOD OF SERVICE AND
HAD A BREAK IN SERVICE OF 31 OR MORE DAYS USE THE BLENDED RETIREMENT
CODE 'B' (NORMALLY USED FOR MEMBERS WHO AUTO-ENROLLED). POST D18
MEMO ENTRY TO SHOW WORKAROUND USED FOR MEMBER WHO OPTED IN
DURING A PRIOR PERIOD OF SERVICE. AUTOMATIC ENROLLMENT WILL START
UPON REENTRY. AUTOMATIC TSP REENROLLMENT WILL BE DONE AT END OF
CALENDAR YEAR IF NEEDED. AGENCY 1% WILL START FIRST PAY PERIOD AFTER
REENTRY, IF MEMBER HAS 60 DAYS OF SERVICE. IF MEMBER HAS LESS THAN
60 DAYS OF SERVICE, FIELD MUST REQUEST CENTRAL SITE TO MANUALLY POST
PORTION NEEDED. MATCHING WILL START FIRST PAY PERIOD AFTER REENTRY
IF MEMBER HAS 2 OR MORE YEARS OF SERVICE.  IF MEMBER HAS LESS THAN 2
YEARS OF SERVICE FIELD MUST REQUEST CENTRAL SITE MANUALLY POST
PORTION NEEDED.
K. FOR MEMBERS WHO OPTED-IN DURING A PRIOR PERIOD OF SERVICE AND
HAD A BREAK IN SERVICE OF LESS THAN 31 DAYS WILL NEED TO HAVE CENTRAL
SITE REQUEST A FILE FIX TO POST OPT-IN CODE 'C'. POST D18 MEMO ENTRY TO
SHOW THAT MEMBER OPTED-IN DURING PRIOR PERIOD OF SERVICE AND HAD A
BREAK IN SERVICE OF LESS THAN 31 DAYS. CHECK PRIOR MILITARY MASTER PAY
ACCOUNT (MMPA) FOR TSP ELECTION AND SUBMIT TRANSACTION TO START THE
SAME ELECTION TO CURRENT MMPA. MEMBER WILL NOT HAVE AUTOMATIC TSP
ENROLLMENT OR REENROLLMENT.
L. FOR MEMBERS WHO AUTOMATICALLY ENROLLED DURING THE PRIOR PERIOD OF
SERVICE AND HAVE A BREAK IN SERVICE ON LESS THAN 31 DAYS POST BLENDED
RETIREMENT CODE 'B' AS USUAL. CHECK PRIOR MMPA FOR TSP ELECTION AND
SUBMIT TRANSACTION TO START THE SAME ELECTION TO CURRENT MMPA. POST
D18 MEMO ENTRY TO SHOW THAT TSP WAS CARRIED OVER DUE TO BREAK IN
SERVICE OF LESS THAN 31 DAYS.  THIS WILL OVERRIDE AUTOMATIC TSP
ENROLLMENT. MEMBER WILL HAVE AUTOMATIC REENROLLMENT IF NEEDED.
4. CHANGES TO TIN A06 (ACCESSION) TRANSACTION.
A.  BLENDED RETIREMENT INDICATOR
'B': MEMBERS WITH NO PRIOR SERVICE, SERVICE ENTRY DATE JANUARY 1,
2018 AND LATER.
'SPACE': MEMBERS WITH SERVICE PRIOR TO JANUARY 1, 2018.
'D': NEW MEMBERS DECLINING AUTO ENROLLMENT
'X': NEW MEMBERS DECLINING AUTO RE-ENROLLMENT.
5. CHANGES TO TIN T01-8 (TSP MEMBER PERSONNEL DATA) TRANSACTION
CHANGES.  THIS TRANSACTION UPDATES THE BLENDED RETIREMENT
INDICATOR.
'B': SERVICE ENTRY DATE ON OR AFTER JANUARY 1, 2018.
'C': NEW MEMBER ELIGIBLE TO OPT-IN WITH MYPAY. RECORD IDENTIFIER
MUST BE $.
'D': NEW MEMBERS DECLINING AUTO ENROLLMENT.
'X': NEW MEMBERS DECLINING AUTO RE-ENROLLMENT.
6. REQUEST WIDEST DISSEMINATION POSSIBLE.//