Retirement Benefits

TSP Board Revisits Decision to Broaden International Fund

A bipartisan group of senators has been urging officials to reconsider the decision to allow investments in Chinese companies.

Federal Retirees Will Get 1.6% COLA in 2020

Although less than last year, a consumer price index increase of less than 2% means the vast majority of former federal workers will see the same increase to their defined benefit pensions.

Federal Employee Retirement Savings Funds Make Modest Gains in September

All but one of the Thrift Savings Plan offerings ended the month in the black.

TSP: Thousands Already Making Use of New Withdrawal System

The board that governs the 401(k)-style retirement savings program authorized a 6.9% budget increase for the agency Monday.

Most TSP Funds Take a Tumble in August

Only two of the Thrift Savings Plan’s portfolios ended last month in the black.

TSP Posts Modest Gains in July, Although International Stocks Fall

Most funds in the federal government’s 401(k)-style retirement savings program saw only slight increases last month.

Postal Service Floats Big Cuts to Employee Pay, Leave and Benefits

New postal workers would no longer earn a pension under preliminary business plan.

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.

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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.