Thrift Savings Plan closed for Hurricane Sandy, along with the financial markets
- By Amanda Palleschi
- October 30, 2012
- Comments
wrangler/Shutterstock.com
Thrift Savings Plan participants who submitted transactions after noon on Oct. 26 will have to wait until Wednesday for those transactions to be processed, TSP has announced.
Like U.S. financial markets, TSP was closed Oct. 29-30 due to Hurricane Sandy.
TSP said transactions it received after noon on Oct. 26 will be processed by close of business on the day the market reopens. TSP and the U.S. markets plan to reopen Wednesday.
Transaction response times also could be slower than usual this week due to daily routine system maintenance backups between 12 a.m. and 4 a.m. Eastern Daylight Time, according to TSP’s website.
(Image via wrangler/Shutterstock.com)
By using this service you agree not to post material that is obscene, harassing, defamatory, or otherwise objectionable. Although GovExec.com does not monitor comments posted to this site (and has no obligation to), it reserves the right to delete, edit, or move any material that it deems to be in violation of this rule.
Furlough 'Consistency and Fairness'
Innovation in Government Dips
TSP Funds Stay Positive in April
5 Agencies with the Most Disconnected Leadership
No Bonuses for VA Benefits Execs
Will You Be Furloughed?
Sponsored
3 Ways Data is Improving DoD Performance
Research Report: Powering Continuous Monitoring Through Big Data
Need to Know Memo: Big Data
Cutting costs: Inside the effort to improve the efficiency of federal operations
