Which is the Best TSP Fund Over the Past Five Years? You May Be Surprised
TSP participants are sitting back and watching their returns grow each month. Here is a summary of the biggest winners.
Federal employee pay news: If it impacts pay and benefits for federal employees, you’ll find it here. Stay informed about important topics such as annual federal pay raises, the GS pay scale, and Thrift Savings Plan (TSP) including the latest TSP performance updates. You will also find articles about the Federal Employees Health Benefits (FEHB) program, Federal Employees Group Life Insurance (FEGLI), and Federal Employees Dental and Vision Insurance Program (FEDVIP), or event legislation in Congress that could impact federal employees’ pay and benefits.
TSP participants are sitting back and watching their returns grow each month. Here is a summary of the biggest winners.
FedSmith recently posted the 2008 pay rates. Here is more information on the 2008 locality pay areas.
What is the value of the compensation package for the average federal employee in 2006? Would you believe $111,180?
Readers have strong opinions about Congressional involvement in the TSP and fear that the pot of money is an irresistible temptation for lawmakers.
Would you prefer to have your TSP money only being invested in “socially responsible” companies as defined by Congress or the TSP?
How much does the average federal employee make? How about the average federal professional employee? Does anyone get promoted in government? Does anyone get awards and how much are the awards worth?
Security notice from the TSP regarding security of TSP accounts and personal investor responsibility.
Will the TSP repay investors who lost money when thieves withdrew money from their TSP accounts? If you are not one of the investors who lost money, do you even care?
Merit pay is rampant in the private sector. In the federal government, equal pay raises across the board are the norm although a report issued in 2006 shows that federal employees have not fared too badly. The systems are different and pay and the sources of job satisfaction are unlikely to ever match up.
President Bush has issued an executive order giving federal employees an average raise of 2.2% in 2007.