The Internal Revenue Service (IRS) has announced the contribution limit for TSP has increased for 2020 to $19,500. The Catch-Up Contribution (CUC) limit for employees aged 50 and over, remains unchanged at $6,500.

There is no TSP Open Season - you can make elections at any time. Each calendar year has 26 pay dates. To reach the 2020 limit of $19,500, you would elect to equally distribute your contributions at $750 per pay period. If you are eligible to make CUC's, you would elect to contribute $250 per pay period to reach the 2020 contribution limit of $6,500.

To ensure equal distribution of your contributions, make your election during the period 09 December - 22 December 2019 using the GRB Platform, formerly the Employee Benefits Information System (EBIS). Your election will be effective 23 December 2019 and will be withheld from your first paycheck in tax year 2020, which you will receive on 10 January 2020.

Federal Employee Retirement System (FERS) employees are reminded that you must make TSP contributions each pay period in order to receive Agency Matching Contributions.

UPDATE: Beginning December 2019, all TSP participants must have validated their contact information and use a two-step authentication to log into their TSP My Accounts at TSP.gov. To avoid interruption to your account access, click here for more information on how to accomplish authentication or you can call the ThriftLine at 877-968-3778.

If you have questions, please call the Benefits Line at 888-320-2917 from 7:30am - 7:30 pm eastern time, Monday - Friday except Federal Holidays. During the Federal Benefits Open Season, hours of operations are extended to 9:30pm. You can also email your questions to the Benefits Line at navybenefits@navy.mil.

Do you have Use or Lose?

A leave year begins on the first day of the first full biweekly pay period in a calendar year and ends on the day immediately before the first day of the first full biweekly pay period in the following calendar year.  The current leave year began January 6, 2019 and ends January 04, 2020.

Employees may carry over to the next leave year the maximum amount of accrued annual leave (240 hours for most employees). 

To find out more, please review this document: Do you have Use or Lose?

Beginning on Sunday, 10 Dec 17, the Office of Personnel Management (OPM) is scheduled to implement a new sign-in method to increase the security of the USAJOBS system.  As many of you know, USAJOBS is the official recruitment system for   General Schedule (GS) and Wage Grade (WG) positions.  OPM will email applicants (with active USAJOBS account) a series of emails informing them of the new USAJOBS sign-in method.  Applicants will be prompted to create a login.gov account upon signing in to USAJOBS. 

Please click here for PowerPoint slides with detailed information about the expected update, including step-by-step sign-in instructions.

Please feel free to contact your HR Team at hro@nps.edu with questions relating to this implementation.

DOD Instruction 1400.25, Volume 410, DoD Civilian Personnel Management System: Training, Education, and Professional Development, requires the creation and updating of IDPs for all civilian employees. OCHR has incorporated this requirement into the new SECNAV 12410.25A, Civilian Employee Training and Career Development.

 What is an IDP?

 An Individual Development Plan (IDP) is a tool to assist employees in career and personal development. Its primary purpose is to help employees reach short and long-term career goals as well as develop the specific competencies necessary to meet current objectives and to determine the training, education and other professional development strategies that can be used to develop such competencies. IDPs assist in making employee performance more effective in present or future positions and should be viewed as a partnership between an employee and their supervisor.

To find out more visit Training and Development.