[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: 5CFR1601.5]

[Page 183-184]
 
                    TITLE 5--ADMINISTRATIVE PERSONNEL
 
         CHAPTER VI--FEDERAL RETIREMENT THRIFT INVESTMENT BOARD
 
PART 1601--PARTICIPANTS' CHOICES OF INVESTMENT FUNDS--Table of Contents
 
                     Subpart C--Interfund Transfers
 
Sec. 1601.5  Methods of requesting an interfund transfer.

    (a) To make an interfund transfer, participants may either submit to 
the TSP recordkeeper a properly completed Interfund Transfer Request 
(Form TSP-30), or may enter the interfund transfer request over the 
telephone by using the ThriftLine. Forms TSP-30 generated prior to 
October 1990, which were preprinted with a participant's name and 
address, described restrictions on the amounts which could be invested 
in the C Fund and the F Fund, and specified an effective date for the 
interfund transfer, are obsolete forms. They will be rejected by the TSP 
recordkeeper if submitted to make an interfund transfer request. 
Similarly, Form TSP-30-S, which was designed for use only by certain 
FERS participants to make interfund transfers effective as of the end of 
December 1990, are obsolete forms which will be rejected by the TSP 
recordkeeper if submitted to make an interfund transfer request.
    (b) To make an interfund transfer request, a participant must 
designate the percentages of his or her account balance that are to be 
invested in the C Fund, the F Fund, and/or the G Fund. The percentages 
selected by the participant must be in multiples of 5 percent and must 
total 100 percent. An interfund transfer request has no effect

[[Page 184]]

on contributions made by a participant after the effective date of the 
interfund transfer (as determined in accordance with Sec. 1601.6); such 
subsequent contributions will continue to be allocated among the 
investment funds in accordance with the participant's election under 
subpart B of this part.
    (c) The percentages elected by the participant will be applied to 
the participant's account balance attributable to each source of 
contributions as of the effective date of the interfund transfer, as 
determined in accordance with Sec. 1601.6.
    (d) Participants who have at any time in the past invested any 
portion of their TSP accounts in the C Fund or the F Fund are eligible 
to make interfund transfer requests using the ThriftLine since they 
must, at some previous time, have submitted an Acknowledgment of Risk; 
such participants need not, if using Form TSP-30 to make a written 
interfund transfer request, complete the section of the form that 
contains the acknowledgment of risk. Participants who have not at any 
time in the past invested any portion of their TSP accounts in the C 
Fund or the F Fund are not eligible to make interfund transfers using 
the ThriftLine until a properly completed Acknowledgment of Risk for 
ThriftLine Interfund Transfer (Form TSP-32) has been received by the TSP 
recordkeeper. Participants who have not at any time in the past invested 
any portion of their TSP accounts in the C Fund or the F Fund must 
complete the Acknowledgment of Risk section of Form TSP-30 if they make 
a written interfund transfer request, unless a properly completed Form 
TSP-32 has been received by the TSP recordkeeper.
    (e) An Interfund Transfer Request (Form TSP-30) that has been 
submitted to the TSP recordkeeper will not be processed and will have no 
effect, if:
    (1) It is not signed and dated, or otherwise is not properly 
completed in accordance with the instructions on the form; or
    (2) In the case of a participant who has not previously invested any 
portion of his or her TSP account in the C Fund or the F Fund and for 
whom a properly completed Form TSP-32 has not been received by the TSP 
recordkeeper, the acknowledgment of risk section of the Form TSP-30 is 
not signed; or
    (3) The participant is not otherwise eligible to make an interfund 
transfer (e.g., because he or she is scheduled for a withdrawal of the 
entire account balance).
    (f) If a Form TSP-30 is rejected, the form will have no effect. The 
participant will be provided with a brief written statement of the 
reason the form was rejected.

[60 FR 36633, July 17, 1995]