Management

Some Labor Authority and TSP Nominations Are Delayed After a Deadlocked Committee Vote

Although most of the nominees sailed through by voice vote, three of Biden’s key picks to govern federal labor relations and the federal government’s 401(k)-style retirement savings program were deadlocked in party-line votes.

Management

OPM's IG and TSP's Board Nominees Pledge to be Impartial in Roles

President Biden’s pick to chair the Federal Retirement Thrift Investment Board became the latest in a string of nominees to apologize to senators for past tweets about Republican lawmakers.

Pay & Benefits

Nearly All TSP Funds Have Fallen for a Second Straight Month

Only two of the portfolios in the federal government’s 401(k)-style retirement savings program ended February in the black.

Pay & Benefits

TSP Proposes Regulations Ahead of Mutual Fund Window Launch

The federal government’s 401(k)-style retirement savings program will let enrollees participate in mutual fund investments as soon as this summer.

Pay & Benefits

Most TSP Funds Rebound to End 2021

All but one of the portfolios in the federal government’s 401(k)-style retirement savings program finished December in the black.

Pay & Benefits

TSP Funds Bounce Back After Rough September

Only one offering in the federal government’s 401(k)-style retirement savings program ended October in the red.

Pay & Benefits

Senators Urge TSP to Include Diverse Managers in Mutual Fund Window

Group of Democratic lawmakers cites multiple studies that found that women- and minority-run asset managers were more likely to outperform financial markets.

Pay & Benefits

TSP Portfolios Fall for First Time Since January

After an extended period of steady growth, nearly every fund in the federal government’s 401(k)-style retirement savings program ended September in the red.

Management

Biden Nominates Ex-Merit Systems Protection Board Chair for Labor Authority

The White House also announced plans to nominate a new slate of Democratic appointees to the board that oversees the Thrift Savings Plan.