USAF officials say military members and civilian employees have the option in 2006 to contribute up to $15,000 to their Thrift Savings Plan accounts. There are also periods in which personnel may “catch-up” their payments: for civilians the period begins Dec. 11; for military, it’s early January. There are rules and what-nots to follow. Read about enrollment changes here and catch-up here.
While Air Force leaders are still refining concepts for the next increment of Collaborative Combat Aircraft, competition to produce compact, low-cost engines for those aircraft is already heating up.