How safe are your federal benefits?

WFED senior correspondent Mike Causey

wfedstaff |

There has been a lot of discussion surrounding federal pay and benefits both here and abroad. The BBC is reporting the UK has not only put a freeze on benefits but they are also cutting back on pensions. So, what is the U.S. facing? Are we in better shape — or are we worse off? Senior correspondent Mike Causey says the cuts are big, but not surprising. He also gives us a preview of his...

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There has been a lot of discussion surrounding federal pay and benefits both here and abroad.

The BBC is reporting the UK has not only put a freeze on benefits but they are also cutting back on pensions.

So, what is the U.S. facing? Are we in better shape — or are we worse off?

Senior correspondent Mike Causey says the cuts are big, but not surprising.

He also gives us a preview of his Your Turn show, which starts at 10 a.m. Wednesday.

THRIFT SAVINGS PLAN TICKER

May 25, 2022 Close Change YTD*
L Income 22.6163 0.0457 -3.32%
L 2025 11.4047 0.0389 -6.04%
L 2030 39.2730 0.1883 -8.58%
L 2035 11.6917 0.0617 -9.48%
L 2040 43.8752 0.2521 -10.33%
L 2045 11.9249 0.0736 -11.10%
L 2050 25.9420 0.1706 -11.80%
L 2055 12.5294 0.0961 -13.56%
L 2060 12.5286 0.0961 -13.56%
L 2065 12.5276 0.0961 -13.57%
G Fund 16.8784 0.0014 0.65%
F Fund 19.1400 0.0637 -9.33%
C Fund 60.4217 0.5666 -12.91%
S Fund 63.7477 1.4022 -18.83%
I Fund 34.4312 -0.0204 -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.