5 C.F.R. § 1655.2

Current through November 30, 2024
Section 1655.2 - Eligibility for loans

A participant can apply for a TSP general purpose or residential loan if:

(a) More than 30 business days have elapsed since the participant has repaid in full any TSP loan;
(b) The participant is in pay status;
(c) The participant is eligible to contribute to the TSP; and
(d) The participant has at least $1,000 in employee contributions and attributable earnings in his or her account. Paragraph (b) of this section shall not apply to loan requests made during a Government shutdown by participants who are furloughed or excepted from furlough due to the Government shutdown.

5 C.F.R. §1655.2

87 FR 31692 , May 24, 2022
84 FR 1601 , 2/5/2019; 87 FR 31672 , 6/1/2022