[Code of Federal Regulations]
[Title 5, Volume 3]
[Revised as of January 1, 2001]
From the U.S. Government Printing Office via GPO Access
[CITE: 5CFR1600.8]

[Page 177]
 
                    TITLE 5--ADMINISTRATIVE PERSONNEL
 
         CHAPTER VI--FEDERAL RETIREMENT THRIFT INVESTMENT BOARD
 
PART 1600--EMPLOYEE ELECTIONS TO CONTRIBUTE TO THE THRIFT SAVINGS PLAN--Table of Contents
 
                   Subpart C--Program of Contributions
 
Sec. 1600.8  General.


    Once an employee's election to make contributions to the Thrift 
Savings Plan becomes effective, the employing agency shall, for the pay 
period the election becomes effective and for each subsequent pay period 
until a new election becomes effective, deduct from the employee's basic 
pay the percentage of basic pay or the whole dollar amount elected by 
the employee not to exceed the applicable maximum contribution set forth 
in Sec. 1600.10. If the employee's elected whole dollar amount exceeds 
the amount of pay available for such deduction, no deduction will be 
made for that pay period.