Can outreach change how much participants contribute to their TSP accounts?
The Federal Retirement Thrift Investment Board found that TSP participants who received an email from the board were more likely to increase their retirement…
A new Congressional Budget Office analysis of proposed deficit-reduction efforts contained half a dozen proposals affecting federal employees, including reducing annual pay raises, requiring federal employees to contribute more toward their pensions and reducing the size of the federal workforce through attrition. All told, such proposals would reduce federal outlays or increase revenues by $308 billion, according to CBO estimates.