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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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GPO, WEP and Your Future Social Security Benefits

The Windfall Elimination Provision (WEP) and Government Pension Offset (GPO) are two provisions of the Social Security law that affect Social Security benefits to which CSRS retirees may be entitled. The author provides some details about these as they relate to federal employees.

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Daily TSP Rates

April 23, 2014

Fund Last Change YTD
L Income 17.0052 -0.0039 +1.12%
L 2020 22.1247 -0.0201 +1.51%
L 2030 23.8515 -0.0302 +1.67%
L 2040 25.2749 -0.0396 +1.78%
L 2050 14.3237 -0.0259 +1.85%
G Fund 14.3916 +0.0010 +0.73%
F Fund 16.1682 +0.0360 +2.71%
C Fund 24.3784 -0.0506 +2.11%
S Fund 34.1199 -0.1856 +1.33%
I Fund 25.9714 -0.0004 +1.59%
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