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.

Pay & Benefits

TSP Funds Show Modest Gains in July

Only one of the portfolios in the federal government’s 401(k)-style retirement savings program lost value last month.

Pay & Benefits

Most Funds in TSP Post Continued Growth in June

Only one portfolio in the federal government’s 401(k)-style retirement savings program finished last month in the red.

Pay & Benefits

TSP Can Do More to Assess Financial Risk of Climate Change, Watchdog Finds

GAO urged the federal government’s 401(k)-style retirement savings program to conduct a more thorough review of participants’ exposure to climate change-related risks next year.

Workforce

GovExec Daily: What to Do About the Politicization of the TSP

GovExec contributor Dallen Haws joins the podcast to discuss Congress and the White House meddling in the Thrift Savings Plan.

Pay & Benefits

Most TSP Funds Continue Upward Trend in May

Only one portfolio in the federal government’s 401(k)-style retirement savings program lost value last month.

Pay & Benefits

Two New Retirement Savings Bills Could Impact TSP

Officials at the Thrift Savings Plan said both bills aimed at making it easier for older Americans to get ready for retirement require changes to be implemented faster than is possible.

Pay & Benefits

Biden Climate Edict Could Spell End for TSP Fossil Fuel Investments

The president’s executive order aimed at incorporating “climate-related financial risk” into federal budgeting also instructs officials to review how the Thrift Savings Plan considers risks from climate change in its decision-making.

Pay & Benefits

TSP Funds Continue Strong Performance in April

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

Pay & Benefits

TSP Returns Mostly Positive in March

Only two of the federal government’s 401(k)-style retirement savings program ended last month in the red.

Management

TSP Officials Tout Sizeable Improvement in Annual Employee Satisfaction Survey Scores

Employee engagement at the Thrift Savings Plan improved 7 points in 2020, while the agency scored stellar marks on its response to the COVID-19 pandemic.

Pay & Benefits

Most TSP Portfolios Rebound After Difficult January

Nearly every fund in the federal government’s 401(k)-style retirement savings program increased in value in February.

Pay & Benefits

Most TSP Funds Stumble to Start 2021

All but two of the portfolios in the federal government’s 401(k)-style retirement savings program lost ground for January.