S. 3175 · 112th Congress
Save More Tomorrow Act of 2012
- Stage
- In committee
- Sponsor
- Daniel Akaka
- Introduced
- 2012-05-14
- Latest action
- 2012-05-14 · Introduced in Senate
Summary
Save More Tomorrow Act of 2012 - Directs the Executive Director of the Federal Retirement Thrift Investment Board to provide by regulation for federal employees to be automatically enrolled to increase their contributions to their Thrift Savings Plan accounts over the default contribution percentage amount (i.e., 3% of basic pay) by 1% in each of at least the two years following the first year of enrollment.