Pay & Benefits
Feds Can’t Sue Over TSP Gains Lost During Shutdowns, An Appeals Court Finds
A group of FBI employees had argued they were entitled to damages, because delayed TSP contributions meant they missed out on gains from a rising stock market.
Pay & Benefits
TSP Woes Continue Two Weeks After Tech Transition
Participants reported delayed account disbursements a full two weeks after the transition to a new recordkeeper was complete.
Pay & Benefits
The TSP Board's Nominees Have Now Been Confirmed, With One Exception
Biden's pick to chair the federal government’s 401(k)-style retirement savings program’s board must go through a more arduous process.
Workforce
GovExec Daily: What the TSP Changes Mean For Feds
Erich Wagner joins the podcast to discuss the ways the retirement savings plan is shifting, on the board and with its service provider.
Pay & Benefits
TSP Participants Bemoan Bumpy Recordkeeper Transition
Federal employees and retirees have reported problems with setting up new accounts for online access to the federal government’s 401(k)-style retirement savings program, and the agency’s call center has been deluged.
Pay & Benefits
Most of Biden's TSP Nominees Are Free to Be Confirmed, Now That GOP Senators Have Lifted a Hold
The lawmakers changed course after the nominees committed to being “highly skeptical” of proposals to include Chinese investments in the Thrift Savings Plan’s offerings.
Pay & Benefits
GOP Senators Issue a Last-Minute Demand that the TSP Delay Mutual Fund Window
With just a week before the federal government’s 401(k)-style retirement savings program begins offering mutual funds to its participants, some lawmakers warned it could lead to federal employees investing in China.
Pay & Benefits
TSP Preps for Its Transition to a New Service Provider
A weekly roundup of pay and benefits news.
Pay & Benefits
Nearly All of the TSP Funds Continued Their 2022 Tumble in April
Only the government securities (G) fund finished last month in the black.
Pay & Benefits
The Political Appointee Pay Freeze Continues, and More
A weekly roundup of pay and benefits news.
Management
Republican Senators Are Holding Up TSP Board Nominees Over Abandoned I Fund Changes
Three Republican senators have demanded that Thrift Savings Plan board nominees never shift the I Fund’s investments to track a more comprehensive market index that includes Chinese investments.
Pay & Benefits
A Bill Could Let Feds Save for Retirement Longer, and More
A weekly roundup of pay and benefits news.
Management
Some Labor Authority and TSP Nominations Are Delayed After a Deadlocked Committee Vote
Although most of the nominees sailed through by voice vote, three of Biden’s key picks to govern federal labor relations and the federal government’s 401(k)-style retirement savings program were deadlocked in party-line votes.
Management
OPM's IG and TSP's Board Nominees Pledge to be Impartial in Roles
President Biden’s pick to chair the Federal Retirement Thrift Investment Board became the latest in a string of nominees to apologize to senators for past tweets about Republican lawmakers.
Pay & Benefits
No, Your TSP Money Isn’t Invested in Russia
A weekly roundup of pay and benefits news.
Pay & Benefits
Nearly All TSP Funds Have Fallen for a Second Straight Month
Only two of the portfolios in the federal government’s 401(k)-style retirement savings program ended February in the black.
Pay & Benefits
TSP Officials Highlight Upcoming Innovations, and More
A weekly roundup of pay and benefits news.
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