Postal Bulletin 22086 - October 3, 2002 - USPS.com® - About
Postal Bulletin 22086 - October 3, 2002 - USPS.com® - About
Postal Bulletin 22086 - October 3, 2002 - USPS.com® - About
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POSTAL BULLETIN <strong>22086</strong> (10-3-02)<br />
(PIN) to use <strong>Postal</strong>EASE (for information on PINs, see<br />
<strong>USPS</strong> PIN and TSP PIN below).<br />
Note: Personnel and employing offices must not distribute<br />
Form TSP-1, Thrift Savings Plan Election Form, to employees<br />
for making TSP open season elections. TSP-1 is<br />
no longer stocked at the MDC.<br />
Contacting TSP to Make a Fund Investment<br />
Election<br />
Employees have three methods to make a fund investment<br />
election as follows:<br />
Web site: Go to the TSP Web site at www.tsp.gov.<br />
Phone: Call the TSP ThriftLine at 504-255-8777.<br />
Mail: Mail form TSP-50, Investment Allocation, to<br />
the TSP service office in New Orleans.<br />
Note: Personnel offices must not accept and cannot<br />
process completed forms TSP-50. Form TSP-50 is not<br />
available from the TSP Web site. Form TSP-50 is available<br />
from the MDC. The relevant ordering information for form<br />
TSP-50 is as follows:<br />
PSN: 7530-05-000-4305<br />
Unit of Issue: EA<br />
Bulk Pack Qty: 3800<br />
Price: No cost<br />
Edition Date: 08/02<br />
The TSP Web site and ThriftLine are convenient methods<br />
for making fund investment elections and elections will<br />
take effect more quickly than using form TSP-50. To use<br />
the TSP Web site or TSP ThriftLine, use your TSP PIN.<br />
Using Pins to Make TSP Elections<br />
To make TSP elections, use two PINs: <strong>USPS</strong> PIN and<br />
TSP PIN.<br />
<strong>USPS</strong> PIN<br />
The <strong>Postal</strong> Service maintains the <strong>USPS</strong> PIN. Use your<br />
<strong>USPS</strong> PIN to (1) begin a contribution percentage or a dollar<br />
amount election, or (2) change your current TSP contribution<br />
percentage or dollar amount, or (3) cancel TSP participation<br />
via <strong>Postal</strong>EASE. If you do not know your <strong>USPS</strong> PIN,<br />
you must call <strong>Postal</strong>EASE and do the following steps when<br />
prompted: (1) press 1 for <strong>Postal</strong>EASE; (2) enter your<br />
Social Security number; (3) enter your PIN, pause, and<br />
then press 2. Your <strong>USPS</strong> PIN will be mailed to your address<br />
of record, usually by the next business day.<br />
Note: When you request your <strong>USPS</strong> PIN, your<br />
<strong>USPS</strong> PIN does not change (unlike the TSP PIN). Your<br />
old <strong>USPS</strong> PIN remains valid. (The <strong>USPS</strong> PIN is the<br />
same PIN employees use for telephone bidding and computerized<br />
bidding.)<br />
TSP PIN<br />
37<br />
The TSP PIN is maintained by TSP. You must use your<br />
TSP PIN to make fund investment choices via the TSP<br />
Web site or the TSP ThriftLine. If you are a TSP participant<br />
and you do not know your TSP PIN, you have three methods<br />
for having a new TSP PIN mailed to your address of<br />
record:<br />
1. Go to the TSP Web site at www.tsp.gov and select<br />
Account Access, or<br />
2. Call the TSP ThriftLine at 504-255-8777, choose 2,<br />
enter your Social Security number, and then follow<br />
the instructions, or<br />
3. Call the TSP service office at 504-255-6000.<br />
Once TSP has received your TSP PIN request, your former<br />
TSP PIN is no longer valid.<br />
Direct Mailings to Employees<br />
Career employees receive from the national level a direct<br />
mailing of leaflet TSP1002, TSP Open Season, and<br />
<strong>Postal</strong>EASE instructions at their mailing addresses of record<br />
during <strong>October</strong>.<br />
In addition to receiving TSP1002, newly eligible career<br />
employees receive from the national level a direct mailing<br />
of TSPBK08, Summary of the Thrift Savings Plan for Federal<br />
Employees, as well as a cover letter and <strong>Postal</strong>EASE<br />
instructions at their mailing addresses of record soon after<br />
their accession PS Form 50, Notification of Personnel<br />
Action, is processed.<br />
The return address for undeliverable TSP enrollment instructions<br />
for newly eligible employees is the employing office<br />
of record. The disposition of returned items is at the<br />
discretion of the district office or other administering office.<br />
Forwarding a returned enrollment package to an employee<br />
offers that employee an opportunity to submit a correct PS<br />
Form 1216, Employee’s Current Mailing Address, available<br />
at the MDC. Ordering information for PS Form 1216 is as<br />
follows:<br />
PSN: 7530-02-000-7354<br />
Quick Pick Number: 118<br />
Unit of Issue: SE<br />
Bulk Pack Qty: 4,000<br />
Price: 0.0171<br />
Edition Date: 06/93<br />
Eligibility<br />
All career employees are eligible to make employee<br />
contribution elections this open season (subject to financial<br />
hardship withdrawal and cancellation exclusions). FERS<br />
employees hired before July 1, <strong>2002</strong>, receive Agency Automatic<br />
(1 percent) Contributions and Agency Matching Contributions<br />
(as appropriate) beginning in December <strong>2002</strong>.