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Return to Article: Hurricane may delay married TSP participants' loans, withdrawals

• 12020
  

  I think TSPer has a very good point to say there should have been a good backup so retirees would not have to go without checks. Not even a government agency can justify that regardless of the degree of disaster.

  Will someone tell me why the Dept of Agriculture has a retirement savings and payment operation for the government? Don't we spend enough on Agricultural subsidies to farmers?

  taxpayer Posted September 7, 2005 8:12 AM
• 11960
  

  For those who think only the coastline is vulnerable.

  Have you ever dealt with a tornado?

  Don't think they don't exist.

  Natural disasters exist EVERYWHERE.

  Never put all of your resources in one place. ALWAYS have a backup.

  Sadly, our decisionmakers haven't learned that yet.

  IT Specialist Field trains you the hard way after many years.

  If just with those who are in the decisionmaking arena could realize reality.

  GovExec.com reader Posted September 2, 2005 11:34 PM
• 11946
  

  The Thrift Investment Board has already gone to a private company in Cumberland, Md., and another in Virginia. So ya'll (oops sorry -'you guys') you got what you wanted - non-Federal employees answering complex retirement plan questions, with access to your social security numbers. I guess the TSP Service Office suddenly was not good after 18 years. Riiiiite. We all know what it was about. Greed. People have the absolute and unmitigated GALL to say that Louisiana has had corrupt politics. Um, ok. You have the incredible nerve to say that the processor should be in an area not subject to disasters. Huhhhhh? The National Finance Center has been around for almost 35 years!! The last hurricane to make a driect hit on N.O. was Betsy in 1965 !! And er, last time I checked, Virginia and Maryland get hit by hurricanes too !!!!!!!!!!!!!!!!! Not to mention other natural phenomenon that DON'T HAPPEN IN NEW ORLEANS, such as: blizzards, earthquakes, tornadoes, and flooding! Also, Mr. Hastert from Illinois is the 'stupid' one. Bulldoze New Orleans???!!! No Federal disaster relief for New Orleans????!! I'd bet my left butt cheek he'd change his mind if CHICAGO or ST LOUIS, or PHILADELPHIA were under water, had thousands dead, and had the poor and indigent from inner city housing forced to slowly die like animals !!!! I'll bet he's never set one toenail in New Orleans. It happens to be the largest and most important port in North America, that's all. Grains, produce, coffee, metal for autos, and just about anything else you can think of HAS to come up the Mississippi River to the Heartland and rest of this country. Comprende ????

  GovExec.com reader Posted September 2, 2005 12:38 PM
• 11918
  

  An outstanding reason to change the processor to a private company in an area not subject to natural disasters. That means stay out of Florida and California! Move it now - not paying retirees is totally unacceptable for any reason - there should have been a backup for this. The managers and board members of TSP should have to pay dearly for this terrible management decision! If they were not government they would be gone!

  TSPer Posted September 1, 2005 6:08 AM
• 11913
  

  This is just exactly why the government should never centralize operations within areas that are known to be subject to weather situations such as Katrina. They are now doing the same thing with the BRAC implementation. They are stupid and nothing else can explain it. What is wrong with the idiots who make these decisions, such as congress? This amounts to nothing more than politics and now we have seen firsthand what happens.

  Charlie Posted August 31, 2005 8:05 PM