What happens to my agency automatic (1%) contributions when my employee contributions and agency matching contributions are suspended?
If you are a FERS employee, your agency must continue to submit agency automatic (1%) contributions even though your employee contributions and agency matching contributions are suspended. As a FERS employee, you are entitled to receive agency automatic (1%) contributions whether or not you make employee contributions.
Related Questions
- What happens to my agency automatic (1%) contributions when my employee contributions and agency matching contributions are suspended?
- What happens if the IRS or another government agency decides that I should have been classifed as an employee?
- What happens to my agency matching contributions when the annual limit has been reached?