Retirement funds improve some at the end of 2011

December 2011 saw modest gains for several of the Thrift Savings Plan offerings, though two funds remained in the red for the month and the year.

After a rough November in which the C Fund, invested in common stocks of large companies on the Standard & Poor's 500 Index, fell 0.21 percent, the fund gained 1.04 percent last month and finished in the black in 2011, at 2.11 percent. The F Fund, which invests in fixed-income bonds, posted a 1.01 percent gain in December and the largest year-end increase at 7.89 percent. The G Fund, or government securities fund, also finished both December and 2011 strong, growing 0.15 percent for the month and 2.45 percent for the year.

The I Fund, invested in international stocks, had a much weaker showing, falling 2.03 percent in December and 11.81 in 2011 overall -- the most of any of the TSP's funds. The S Fund, which invests in small and midsize companies and tracks the Dow Jones Wilshire 4500 Index, also finished 2011 in the red: It slid 3.38 percent over 12 months and 0.04 percent in December.

The TSP's life-cycle funds, designed to move participants to less risky portfolios as they inch closer to retirement, came in with mixed results. L Income, the fund for federal employees who have reached their target retirement date and have started withdrawing money, saw a 0.20 percent gain in December and finished 2011 with a 2.23 percent gain. L 2020 finished December with an 0.11 percent uptick and ended 2011 with a 0.41 percent gain. L 2030 increased 0.09 percent in December but was down 0.31 percent in 2011; L 2040 posted a 0.07 percent gain in December and a 0.96 dip in 2011.

The L 2050 Fund lost 0.01 percent in December. Year-to-date figures for the L 2050 were unavailable because it opened less than a year ago.

Stay up-to-date with federal news alerts and analysis — Sign up for GovExec's email newsletters.
Close [ x ] More from GovExec

Thank you for subscribing to newsletters from
We think these reports might interest you:

  • Forecasting Cloud's Future

    Conversations with Federal, State, and Local Technology Leaders on Cloud-Driven Digital Transformation

  • The Big Data Campaign Trail

    With everyone so focused on security following recent breaches at federal, state and local government and education institutions, there has been little emphasis on the need for better operations. This report breaks down some of the biggest operational challenges in IT management and provides insight into how agencies and leaders can successfully solve some of the biggest lingering government IT issues.

  • Communicating Innovation in Federal Government

    Federal Government spending on ‘obsolete technology’ continues to increase. Supporting the twin pillars of improved digital service delivery for citizens on the one hand, and the increasingly optimized and flexible working practices for federal employees on the other, are neither easy nor inexpensive tasks. This whitepaper explores how federal agencies can leverage the value of existing agency technology assets while offering IT leaders the ability to implement the kind of employee productivity, citizen service improvements and security demanded by federal oversight.

  • IT Transformation Trends: Flash Storage as a Strategic IT Asset

    MIT Technology Review: Flash Storage As a Strategic IT Asset For the first time in decades, IT leaders now consider all-flash storage as a strategic IT asset. IT has become a new operating model that enables self-service with high performance, density and resiliency. It also offers the self-service agility of the public cloud combined with the security, performance, and cost-effectiveness of a private cloud. Download this MIT Technology Review paper to learn more about how all-flash storage is transforming the data center.

  • Ongoing Efforts in Veterans Health Care Modernization

    This report discusses the current state of veterans health care


When you download a report, your information may be shared with the underwriters of that document.