Pay & Benefits
The Contractor Responsible for the TSP’s Troubled Recordkeeping Transition Pledges to Improve
A weekly roundup of pay and benefits news.
Management
GovExec Daily: The TSP Transition is Being Investigated
Erich Wagner joins the podcast to give an update on the new recordkeeper.
Pay & Benefits
GAO Will Investigate the Troubled TSP Recordkeeper Transition
Officials at the federal government’s 401(k)-style retirement savings program said nearly 2 million participants have successfully set up their new online account access, and call center wait times are down to around 10 minutes.
Pay & Benefits
GovExec Daily: Financial Tips From a TSP Millionaire
Financial professional and longtime fed Abraham Grungold joins the podcast to discuss the Thrift Savings Plan
Pay & Benefits
Every TSP Fund Rebounded in July
For the first time in months, all of the core offerings in the federal government’s 401(k)-style retirement savings program posted gains.
Pay & Benefits
TSP Officials Say They’re Nearing ‘Normalcy’ After a Troublesome Recordkeeper Transition
Wait times on the customer service number for the federal government’s 401(k)-style retirement savings plan are down from over two hours to 15 minutes on average.
Pay & Benefits
GovExec Daily: The G Fund is Now the Biggest Core TSP Fund
Dallen Haws joins the podcast to discuss the Thrift Savings Plan.
Pay & Benefits
House Passes First Responder Retirement Fix, and More
A weekly roundup of pay and benefits news.
Pay & Benefits
Things to Consider Before Moving Money Into TSP's G Fund
Many of the funds in the government’s 401(k)-style retirement savings program are seeing losses from market downturns, but the G Fund is growing.
Workforce
GovExec Daily: The TSP, Sustainability and the Mutual Fund Window
Bryon McGannon joins the podcast to discuss what the limited mutual fund window could mean for sustainable investing.
Pay & Benefits
More Help Is On the Way for Feds With TSP Transition Troubles, and Those Affected By Flooding
A weekly roundup of pay and benefits news.
Pay & Benefits
TSP Funds Tumble Again in June
The federal government’s 401(k)-style retirement savings plan continues to suffer from tumult in financial markets.
Workforce
GovExec Daily: The TSP Service Transition is Not Going Well
Erich Wagner joins the podcast to discuss his reporting on the Thrift Savings Plan’s new web-based services following the transition to a new recordkeeper.
Pay & Benefits
TSP Officials Promise Service Will Improve After a Difficult Transition to the New Recordkeeping System
Staffing at the call center that serves participants of the federal government’s 401(k)-style retirement savings program has already increased 66%, with more on the way.
Pay & Benefits
Feds Can’t Sue Over TSP Gains Lost During Shutdowns, An Appeals Court Finds
A group of FBI employees had argued they were entitled to damages, because delayed TSP contributions meant they missed out on gains from a rising stock market.
Pay & Benefits
TSP Woes Continue Two Weeks After Tech Transition
Participants reported delayed account disbursements a full two weeks after the transition to a new recordkeeper was complete.
Pay & Benefits
The TSP Board's Nominees Have Now Been Confirmed, With One Exception
Biden's pick to chair the federal government’s 401(k)-style retirement savings program’s board must go through a more arduous process.
Workforce
GovExec Daily: What the TSP Changes Mean For Feds
Erich Wagner joins the podcast to discuss the ways the retirement savings plan is shifting, on the board and with its service provider.
Pay & Benefits