President Donald Trump hadn't appointed his own nominees to the fill the Federal Retirement Thrift Investment Board until Monday, months after members of Congress first expressed deep concerns with the TSP's plans to expand the international fund to a new, China-inclusive index.
In today's Federal Newscast, the Justice Department won guilty pleas from the former director of procurement for the Pension Benefit Guaranty Corporation and the president and CEO of a government contracting firm for bribery.
The Thrift Savings Plan has been functioning normally during the pandemic, in large part due to the Federal Retirement Thrift Investment Board's efforts to move some 80% of its contractor workforce to telework in three weeks.
The Thrift Savings Plan is scheduled to implement a series of new lifecycle funds later this summer, if the coronavirus pandemic doesn't derail the scheduled rollout.
In today's Federal Newscast, the Defense Department gets so many requests for medical equipment, it set up a special task force just to deal with them.
In today's Federal Newscast, a huddle between agencies may yield new cybersecurity guidance for teleworking federal employees.
Participants in the Thrift Savings Plan are reacting to the coronavirus and recent stock market volatility with more withdrawals and more transfers from the C, S, I and L funds to the G fund, the Federal Retirement Thrift Investment Board said.
In today's Federal Newscast, a new report from the Government Accountability Office shows that while diversity has increased among workers at the State Department overall, that has not been the case for upper level managers.
When you leave government are you going to keep your optional retirement nest egg in the Thrift Savings Plan, or move some or all of it to an outside investment option? And does it matter?
The Federal Retirement Thrift Investment Board has launched a social science program over the past year, with the goal of sending messages and reminders to targeted groups of participants to prompt them to contribute and save more with the TSP.
In today's Federal Newscast, the General Services Administration's Inspector General found that all 11 of the child care centers it audited failed to meet minimum federal security standards.
In today's Federal Newscast, the General Services Administration launched a bid to ensure fairness in an important part of federal rule-making.
In today's Federal Newscast, the Thrift Savings Plan will require tougher online security measures for its participants by the end of the year.
The debate over the Thrift Savings Plan and its international fund isn't over, as two senators have urged President Donald Trump to replace members of the Federal Retirement Thrift Investment Board and employee organizations have urged Congress to reconsider their criticisms of the I fund expansion.
The Federal Retirement Thrift Investment Board said it'll continue its plans to move the international fund to an emerging markets index, despite bipartisan congressional concern that the move would expose employees' retirement assets to Chinese interests.