Kim Weaver

  • Fears return over rumored changes to TSP’s G Fund

    The congressional stalemate over funding a long-term highway bill is reviving fears that lawmakers could raid the Thrift Savings Plan. House Republicans have proposed cutting the G Fund’s interest rate to free up $32 billion over ten years.

  • Kim Weaver: Two TSP bills are an ‘exciting development’

    Congress is working on two bills that impact the Thrift Savings Plan. But this time you don’t need to worry about someone messing up a good thing. Kim Weaver is director of external affairs at the Federal Retirement Thrift Investment Board. She tells In Depth with Francis Rose how both bills may affect you.

  • Kim Weaver, Federal Retirement Thrift Investment Board

    A hidden proposal in the new budget resolution the House of Representatives is about to pass would change the way the G-Fund in the Thrift Savings Plan bears interest. The idea is to save the government money by paying less into the fund. But that means participants would receive less money out of the fund. Kim Weaver, director of external affairs for the Federal Retirement Thrift Investment Board, tells In Depth with Francis Rose, about the details behind the proposal and why it could be a big headache.

  • House GOP budget targets TSP’s G Fund

    “It would drop the interest to virtually zero, which would make the G Fund worthless to our participants,” the Federal Retirement Thrift Investment Board’s Kim Weaver said of the House proposal.

  • Kim Weaver, Federal Retirement Thrift Investment Board

    More of your colleagues than ever invest for retirement in the Thrift Savings Plan. 88 percent of FERS employees across government save in TSP accounts. Kim Weaver is director of external affairs at the Federal Retirement Thrift Investment Board. On In Depth with Francis Rose, she told what the TSP thinks that number means.

  • Snow wreaks havoc on TSP customer service line

    A snowstorm forced the Federal Retirement Thrift Investment Board to close down one of its call centers on the busiest call day of the year.

  • TSP investors get a bargain in 2014

    Retirement plan participants last year paid less than 29 cents in administrative costs for every $1,000 they invested, the Federal Retirement Thrift Investment Board’s Kim Weaver told Francis Rose.

  • Kim Weaver, Federal Retirement Thrift Investment Board

    A new outreach initiative at the Thrift Savings Plan comes from their Enterprise Risk Management Office. That Office is about two years old. The TSP wants the longest list possible of potential risks to their operation. Kim Weaver is director of external affairs at the TSP. On In Depth with Francis Rose, she said the ERM Office’s new effort will look at risk in a number of different ways.

  • TSP: Is it risky to play it safe?

    The G-fund never has a bad day, which is the good news. The bad news, says Senior Correspondent Mike Causey, is that the G-fund also never has a really good day.

  • Kim Weaver, director, Federal Retirement Thrift Investment Board

    President Obama signs a bill that changes how new Federal employees will save for retirement. Instead of having 3% of their pay go into the G Fund if they don’t choose for themselves, the money will go into one of the TSP’s lifecycle funds. Kim Weaver is director of external affairs at the Federal Retirement Thrift Investment Board. On In Depth with Francis Rose, she said the TSP has been behind this idea for a long time.