Your Federal Life — July 17, 2024

The Thrift Savings Plan’s mutual fund window remains under the microscope of the House Appropriations Committee. A policy rider in fiscal 2025 spending legislation aims to ban any TSP investments based on environmental, social or governance , or ESG, criteria. The Federal Retirement Thrift Investment Board says if the anti-ESG provision is enacted, the TSP would have no choice but to shutter the relatively new mutual fund window. For more, Federal News Network’s Drew Friedman sat down with FRTIB director of external affairs, Kim Weaver.

Plus, Government employee recruitment often relies on the appeal of the mission. Still, people want to be paid and have some financial security. A recent study of state and local emergency response employment seems to indicate one important factor in attracting job candidates. Namely, having a defined benefit pension plan. For details and what it means for federal, I spoke with the research director for the National Institute on Retirement Security, Tyler Bond.