Federal retirements hit seven-year low

As the economy collapsed last year, federal retirements dropped to their lowest level in seven years, according to statistics released Monday by the Office of Personnel Management. The Federal Times reports that OPM said 43,649 full-time permanent employees retired in fiscal 2009 – 27 percent fewer than OPM had projected would retire. Federal retirements haven’t been that low since fiscal 2002, when 41,699 employees retired. OPM said it has not updated its retirement projections since...

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As the economy collapsed last year, federal retirements dropped to their lowest level in seven years, according to statistics released Monday by the Office of Personnel Management. The Federal Times reports that OPM said 43,649 full-time permanent employees retired in fiscal 2009 – 27 percent fewer than OPM had projected would retire. Federal retirements haven’t been that low since fiscal 2002, when 41,699 employees retired. OPM said it has not updated its retirement projections since January 2009. Last year, OPM projected that nearly 577,800 employees would retire by the end of fiscal 2018.

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THRIFT SAVINGS PLAN TICKER

May 19, 2022 Close Change YTD*
L Income 22.4943 0.0056 -3.32%
L 2025 11.3051 0.0037 -6.04%
L 2030 38.8006 0.0156 -8.58%
L 2035 11.5381 0.0053 -9.48%
L 2040 43.2533 0.0219 -10.33%
L 2045 11.7451 0.0067 -11.10%
L 2050 25.5287 0.0157 -11.80%
L 2055 12.3000 0.0068 -13.56%
L 2060 12.2991 0.0067 -13.56%
L 2065 12.2981 0.0068 -13.57%
G Fund 16.8702 0.0014 0.65%
F Fund 18.9486 0.0409 -9.33%
C Fund 59.2289 -0.3416 -12.91%
S Fund 63.3279 0.4298 -18.83%
I Fund 33.6967 0.229 -12.73%
Closing price updated at approx 6pm ET each business day. More at tsp.gov
* YTD data is updated on the last day of the month.