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FERS, FERS-RAE, FERS-FRAE… What Does All This Mean?

The alphabet soup of government acronyms got a couple new ingredients over the past year and a half: the FERS (Federal Employees Retirement System) was joined by FERS-RAE in January 2013 and by FERS-FRAE in January 2014. What are these new acronyms and what changes do they indicate?

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OPM Reduces Retirement Backlog

The Office of Personnel Management was able to make a sizable reduction in the number of backlogged retirement claims last month, the first reduction seen in the backlog so far in 2014.

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Obesity and the Federal Employee

OPM has informed FEHB insurance carriers that classifying obesity as a lifestyle condition or considering obesity treatment as cosmetic is not permitted under the federal health insurance program.

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Daily TSP Rates

April 16, 2014

Fund Last Change YTD
L Income 16.9681 +0.0384 +0.90%
L 2020 22.0103 +0.1289 +0.98%
L 2030 23.6951 +0.1773 +1.01%
L 2040 25.0836 +0.2162 +1.00%
L 2050 14.2010 +0.1385 +0.98%
G Fund 14.3849 +0.0009 +0.69%
F Fund 16.1783 -0.0068 +2.77%
C Fund 24.2026 +0.2511 +1.37%
S Fund 33.6592 +0.4181 -0.03%
I Fund 25.6676 +0.3091 +0.40%
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