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What does it mean to be vested in the Thrift Ssvings Plan (TSP)?

April 26, 2017mean Plan Thrift TSP Vested

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What does it mean to be vested in the Thrift Ssvings Plan (TSP)?

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Vesting means that you have met the service requirements that entitle you to keep the agency automatic (1%) contributions and their earnings when you leave federal service. Vesting does not apply to any other types of contributions. Therefore: • FERS and CSRS participants are always vested in their own contributions and the earnings on their contributions. • FERS participants are always vested in the matching contributions their agencies make, as well as the earnings on the matching contributions.