Retirement Benefits

All TSP Funds Rebound in June

After a lackluster May in which most offerings lost value, every fund in the federal government’s 401(k)-style retirement savings program grew last month.

TSP Outlines Time Frame for Lifecycle Fund Changes, Internal Improvements

By the end of next year, the federal government’s 401(k)-style retirement savings program will offer lifecycle funds in five-year increments.

OPM-GSA Merger Plan Would Create ‘Additional Uncertainty’ in Retirement Processing Reform

A government watchdog report said the Trump administration’s proposal to merge the federal government’s HR agency with the General Services Administration could make it more difficult to modernize the retirement process.

Retirement Claims Backlog Inches Down in May

The pile of pending claims shrunk by nearly 600 last month and is slightly smaller than it was at the same time last year.

TSP Funds End May Mostly in the Red

Only two funds within the federal government’s 401(k)-style retirement savings program posted gains last month.

What You Need to Know About TSP's New Withdrawal Options

Changes coming in mid-September will allow participants more flexibility in how they take money out of their retirement savings accounts.

U.S. Postal Employees’ Retirement Assets Are Invested More Cautiously Than Those of Their Foreign Counterparts

Legally mandated strategy is not risky, but also does not produce high returns that might help reduce a gap in pension assets and liabilities, report notes.

Senators Renew Bipartisan Efforts to Protect Federal Retirees from Benefits Fraud

Bill approved by Senate oversight panel would make it a felony for retiree representatives to misuse FERS or CSRS funds.

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Lawmakers Push to Allow Pension Contributions for Former Temporary Feds

The Federal Retirement Fairness Act would allow federal employees to make catch-up contributions to the Federal Employees Retirement System for time spent as temporary or seasonal workers.

House Budget Plan Preserves Feds’ Retirement Programs

If approved, the resolution would set up a fight with the Senate over whether to implement the Trump administration’s plans to cut federal employee pensions.

Analysis: The Federal Government Gave Up on Retirement Security

As companies shortchange employees with pensions, Treasury and Labor look the other way.

TSP Officials Confident Congress Will Act on Shutdown Relief Bill

Lawmakers are considering as many as five bills that would make it easier for federal employees to access their Thrift Savings Plan accounts during a government shutdown.

Most TSP Funds Take a Nosedive in December

All but two of the Thrift Savings Plan’s investment offerings ended 2018 on a sour note.