How did your TSP investments perform last month? See the latest monthly TSP performance at TSPDataCenter.com.
Lawmakers have reached a final agreement on extending the payroll tax cut through the end of 2012. Part of the terms of the agreement will require future federal employees to contribute more toward their pensions to help offset the cost of extending unemployment benefits.
Are you surviving in the economic turmoil of recent years? What is our economic future and should you invest your money in 2012?
The Senate barbershop in DC used by some in Congress had a $300,000 operating deficit last year which prompted the Senate to give it some extra cash to sustain its operations. One former senator blames the shop’s federal employees for its financial problems.
The budget unveiled Monday by President Obama proposes to increase the contribution federal employees make towards retirement by 1.2% over three years beginning in 2013.
The TSP will begin offering a Roth option in during the second quarter (April – June) of this year. The author provides some considerations for investors when deciding whether or not to utilize this new option in their TSP accounts.
Citing a procedural error on the part of the Treasury Department, the D.C. Circuit Court denied the Agency appeal of FLRA’s new Abrogation Standard when it addresses Agency Head Review of agreements.
Congressman Reid Ribble (R-WI) has introduced a Constitutional Amendment that would limit the number of years a member of Congress can serve.
The House Oversight and Government Reform Committee has advanced Congressman Dennis Ross’ (R-FL) bill which would require federal employees and members of Congress to contribute more to their pensions.
A Bureau of Prisons correctional officer in Atlanta, fired for failing a random drug test, was unsuccessful in his defense that the Thanksgiving cookies were laced with marijuana without his knowledge.
OPM could alleviate a great deal of the suffering and complaints by paying a higher proportion of the agency estimate when a federal employee retires. The agency chooses not to do this, thus ensuring the complaints continue.
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