5 CFR 1690.15 – Freezing an account–administrative holds
(a) The TSP record keeper may freeze (e.g., place an administrative hold on) a participant’s account for any of the following reasons:
Terms Used In 5 CFR 1690.15
- Litigation: A case, controversy, or lawsuit. Participants (plaintiffs and defendants) in lawsuits are called litigants.
- Restitution: The court-ordered payment of money by the defendant to the victim for damages caused by the criminal action.
(1) Pursuant to a qualifying retirement benefits court order as set forth in part 1653 of this chapter;
(2) Pursuant to a request from the Department of Justice under the Mandatory Victims Restitution Act;
(3) Upon the death of a participant;
(4) Upon suspicion or knowledge of fraudulent account activity or identity theft;
(5) In response to litigation pertaining to an account;
(6) For operational reasons (e.g., to correct a processing error or to stop payment on a check when account funds are insufficient);
(7) Pursuant to a written request from a participant made in the manner prescribed by the TSP record keeper; and
(8) For any other reason necessary to ensure the integrity of TSP accounts or compliance with law.
(b) [Reserved]