View all text of Part 1655 [§ 1655.1 - § 1655.21]
§ 1655.2 - Eligibility for loans.
A participant can apply for a TSP general purpose or residential loan if:
(a) More than 30 business days have elapsed since the participant has repaid in full any TSP loan;
(b) The participant is in pay status;
(c) The participant is eligible to contribute to the TSP; and
(d) The participant has at least $1,000 in employee contributions and attributable earnings in his or her account. Paragraph (b) of this section shall not apply to loan requests made during a Government shutdown by participants who are furloughed or excepted from furlough due to the Government shutdown.