Expanding Withdrawal Options in the TSP

July 28, 2015 3:20 PM Comments

The TSP is proposing substantial changes to withdrawal restrictions of your money. Here is a quick summary of these changes.

FRTIB Director Gives His Blessing for Adding Mutual Fund Option to the TSP

July 27, 2015 7:30 PM Comments
Image of mutual funds header section in newspaper

The Federal Retirement Thrift Investment Board, the group that oversees the Thrift Savings Plan, has given the green light to begin the process of adding mutual funds as an investment option to the TSP.

Health Spending Projected To Grow Modestly, But Faster

July 28, 2015 6:46 PM Comments

U.S. health spending is expected to grow faster over the next decade than in recent years, reflecting a stronger economy, an aging population and higher levels of insurance coverage through the Affordable Care Act, a new federal report says.

OPM Hackers Are More Likely To Get Counterintelligence Action Than Criminal Charges

July 28, 2015 8:30 PM Comments

A report from the Congressional Research Service says “criminal charges appear to be unlikely in the case of the OPM breach.”

The Huge Gap Between How Federal Workers and Federal Leaders See the Workplace

July 28, 2015 3:50 PM Comments

Employee surveys show that, across government, senior executives have vastly different perceptions than those lower down the ranks have regarding critical workplace issues–including the fairness of promotions, the recognition and awards given for good job performance, and the way poor performers are handled.

White House Says No Pardon for Snowden

July 28, 2015 5:22 PM Comments

The Obama administration will not pardon former National Security Agency contractor Edward Snowden for leaking classified information, the White House announced on Tuesday.

TSA Targets Screening in Overhaul

July 28, 2015 8:30 PM Comments

The new administrator of the beleaguered Transportation Security Administration said the agency would make several changes to security and screening procedures as part of an overhaul to address glaring lapses over the past few months.

Should the US Blame China Publicly for OPM Breach?

July 28, 2015 2:28 PM Comments

The government has come as close as it can to blaming China for the OPM data breaches without actually blaming China. Should it place formal blame?

What’s Next for OPM?

July 26, 2015 10:56 AM Comments
Image of OPM logo overlaid with question mark

The recent data breaches have put the Office of Personnel Management into a deep hole. The author looks at some deliberate steps he says OPM must take to begin resolving its current predicament and eventually emerge as a better and more effective agency.

House Backs Bill to Help Vets Who’ve Suffered Sexual Assault

July 28, 2015 8:26 PM Comments

Veterans who suffered sexual assault or other sexual abuse while in uniform would get help more easily from the Department of Veterans Affairs under a bill approved Monday by the House.

FedSmith Blogs

TSP Data Not Impacted by OPM Breaches

TSP account numbers are not shared with OPM. Therefore, according to the Federal Retirement Thrift Investment Board, TSP data were not impacted by the recent data breaches impacting federal employees.

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