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Kim Weaver, Federal Retirement Thrift Investment Board

A hidden proposal in the new budget resolution the House of Representatives is about to pass would change the way the G-Fund in the Thrift Savings Plan bears in...

Federal News Network Staff

March 24, 2015 4:27 pm

< a min read

wfedstaff | April 18, 2015 3:42 am

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A hidden proposal in the new budget resolution the House of Representatives is about to pass would change the way the G-Fund in the Thrift Savings Plan bears interest. The idea is to save the government money by paying less into the fund. But that means participants would receive less money out of the fund. Kim Weaver, director of external affairs for the Federal Retirement Thrift Investment Board, tells In Depth with Francis Rose, about the details behind the proposal and why it could be a big headache.