"[Federal employees] can opt to contribute a specific dollar amount, or a percentage based upon their pay, to their 401(k)-style retirement accounts. Those who use the percentage method will see a smaller contribution if they are furloughed.... The board has updated its guidance on how employees' nonpay status affects their TSP accounts based on 'discontinuous' and 'continuous' furloughs. Under sequestration, agencies likely will opt for discontinuous furloughs, resulting in employees not working for a few days per pay period across fiscal 2013, as opposed to a consecutive block of time."  MORE >>