I am one of the 9700 (?) federal employees and retirees who received a letter from the Thrift Savings Plan and a LARGE check from the Treasury in Monday’s mail. The letter stated I was getting a “minimum distribution” of my Thrift Savings Account (TSA) funds because I was both over 70.5 and separated from Federal service. Neither is true. I composed a letter to TSP about 1 am on January 4, 2011, and mailed it to TSA, my senators, my representative, my union president, and human resources at CDC (where I work). I had to call CDC HR to learn about the big blunder, and then Google to get information about sending the check back (which I did Wednesday am by registered mail). Now I have to wait for TSA to retrieve the taxes they took out from IRS and put all the money back in my account and calculate and add the interest I would have received(and from where will those funds come?), and for IRS to send me an erroneous 1099 and then a corrected 1099. Will any heads roll at TSA for creating this mess?
Avima Ruder
AFGE Local 3840
Department of Health and Human Services, Ohio
AFGE Inside Government Radio Show
FIGHT BACK Tool Kit
Fight Sequestration
Supporting Federal Nurses
Work Connects Us All
AFGE Members Tell Their Stories 