Federal Retirement Thrift Investment Board
-
The Federal Retirement Thrift Investment Board conducted a survey to find out why so many former feds are withdrawing all the money from their Thrift Savings Plan accounts so soon after retirement.
September 30, 2014 -
The biggest number ever for federal employees saving for the future is in. More than ever are saving in the Thrift Savings Plan. Kim Weaver is Director of External Affairs the Federal Retirement Thrift Investment Board. On In Depth with Francis Rose, she said the results make the people who run the TSP really happy.
August 26, 2014 -
At its monthly board meeting Thursday in Washington, the Federal Retirement Thrift Investment Board (FRTIB) announced that 87.5 percent of FERS employees are actively contributing to their TSP accounts. The percentage just surpasses the previous record high of 87.4 percent in January 2003. Although participation is increasing, a lower percentage of participants are contributing full match to their TSP accounts.
August 21, 2014 -
The Thrift Savings Plan Board is checking up on the quality of the information you get when you call and ask the TSP for help. The July board meeting wasn't in Washington like it usually is; the board took a field trip this month. Kim Weaver, director of external affairs at the Federal Retirement Thrift Investment Board, tells In Depth with Francis Rose the field trip was a learning experience.
July 30, 2014 -
Your new employees start in the Thrift Savings Plan automatically now and they contribute to an account that's invested in the G Fund. But that may change soon. Kim Weaver is director of external affairs at the Federal Retirement Thrift Investment Board. She said on In Depth with Francis Rose the Senate Homeland Security and Governmental Affairs Committee is ready to look at legislation that will start off new federal employees with a different investing strategy.
June 24, 2014 -
The results are in from a customer service survey of Thrift Savings Plan account holders. And the verdict is one that most organizations would kill to have. Kim Weaver, director of external affairs at the Federal Retirement Thrift Investment Board, tells In Depth with Francis Rose why they did the survey in the first place.
May 27, 2014 -
The FRTIB awarded Science Applications International Corporation (SAIC) a five-year, $224.5 million contract. SAIC beat out several competitors including incumbent Serco.
August 12, 2013 -
All Thrift Savings Plan funds continued to perform well in April. While only two funds reported higher return rates for the month compared to March, all funds posted positive returns.
May 02, 2013 -
While auto enrollment for new hires has increased participation in the Thrift Savings Plan over the last few years, a recent report suggests many of them are staying in the super-safe G Fund — instead of reallocating money into other funds.
April 09, 2013 -
In the 25 years since the Federal Employees Retirement System went into effect, much has changed when it comes to federal retirement. Tom Trabucco, the former longtime director of external affairs at the Federal Retirement Thrift Investment Board, and Judy Park, the former legislative director of the National Active and Retired Federal Employees (NARFE) Association, joined Your Turn with Mike Causey for a look back at the creation of FERS and how it has evolved over the years.
December 12, 2012 -
Returns for most of the basic Thrift Savings Plan basic funds continued inching up in July, with only the S Fund, pegged to stocks of small and medium-sized U.S. companies, dipping into the red for the month.
August 01, 2012 -
All 10 Thrift Savings Plan funds finished the month of June with positive figures, ending a several month slide into the red. The I Fund grew from -11.40 percent in May to 7.08 percent on June 30.
July 03, 2012 -
Eight of the 10 Thrift Savings Plans posted negative numbers for the month of May, with the two funds posting positive numbers sliding slightly as well.
June 04, 2012 -
One senator is questioning why it took nine months for the Thrift Savings Plan board to find out about a sophisticated cyber attack that compromised 123,000 TSP participants' accounts. Sen. Susan Collins (R-Maine) also wants to know why Congress wasn't informed of the breach until more than a month after it was reported to the board.
May 31, 2012 -
Six of the eight Thrift Savings Plans funds are down over the last month. The I and S funds have taken the biggest hits. The Federal Retirement Thrift Investment Board said the rollout of the Roth TSP option has been slow, but should pick up in the next few weeks.
May 22, 2012