S 3175 · 112th Congress · Government Operations and Politics

Save More Tomorrow Act of 2012

Introduced 2012-05-14· Sponsored by Sen. Akaka, Daniel K. [D-HI]· Senate

Bill Progress

✓
Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Read twice and referred to the Committee on Homeland Security and Governmental Affairs. (text of measure as introduced: CR S3132)(2012-05-14)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

Summarized by Claude AI · Non-partisan · For informational purposes only