After you populate the Thrift Savings Plan and Thrift Savings Plan Catch-Up plans, you must convert the existing records for employees participating in TSP and TSP Catch-Up to the Federal Benefits model.
The application migrates the last open-ended element record of the employee and creates a new element with a start date of the first pay period following the employee's election.
Use the Submit Processes and Reports window.
Note: The process runs against the business group of your login's responsibility.
In the Name field, choose Federal Benefits - TSP Conversion of Benefits from the list of values.
Click Submit.
If you have more than one business group, login with a different responsibility and repeat these steps for each business group.
In the Name field, choose Federal Benefits - TSP Catch Up Conversion of Benefits from the list of values.
Click Submit.
If you have more than one business group, login with a different responsibility and repeat these steps for each business group.
If there is a problem in migrating an employee's record, the application enters the error information in the Federal Process Log.