Rep. Garamendi Leads Letter Calling on Federal Agencies to Modernize Retirement Rollovers, Combat Mail Theft
May 30, 2024
May 30, 2024
WASHINGTON, May 30 -- Rep. John Garamendi, D-California, issued the following news release: on May 29, 2024
Today, Representative John Garamendi (D-CA-08) led ten other Democratic members in calling on the Federal Retirement Thrift Investment Board and the Bureau of the Fiscal Service to allow for the electronic transmission of Thrift Savings Plan rollovers to financial institutions to combat mail theft and fraud. Current agency policies only allow for the issuance of TSP rollovers . . .
Today, Representative John Garamendi (D-CA-08) led ten other Democratic members in calling on the Federal Retirement Thrift Investment Board and the Bureau of the Fiscal Service to allow for the electronic transmission of Thrift Savings Plan rollovers to financial institutions to combat mail theft and fraud. Current agency policies only allow for the issuance of TSP rollovers . . .