§ 1655.2 Eligibility for loans.
Primary source
Verbatim text below is from the Electronic Code of Federal Regulations (eCFR), a public-domain U.S. government work. Always verify the current version with the eCFR before relying on it for any legal matter.
Full Text
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.
[87 FR 31692, May 24, 2022]
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