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S. 3175

BillFederalSenateIn Committee
Save More Tomorrow Act of 2012
About This Bill
Committee
Latest Action · May 14, 2012
Read twice and referred to the Committee on Homeland Security and Governmental Affairs. (text of measure as introduced: CR S3132)
Congress
112th (2011–2013)
Introduced
May 14, 2012
Cosponsors (0)
None
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Summary

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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.

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