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CSRDF

The Debt Ceiling and the G Fund: Here We Go Again

FedSmith.com author Ralph R. SmithBy Ralph R. SmithMarch 6, 2019 3:44 PM Categories Federal Employee Pay News Leave a comment

The government is using two federal employee retirement accounts to avoid hitting the debt ceiling as the country’s debt continues its steady growth.

What in the *~CSRDF*/@ is Going on?

By Ann VandersliceUpdated: March 5, 2018 11:25 AM Categories Federal Employee Pay News Leave a comment
Scissors cutting a $100 bill

How well do you understand your federal employee benefits, and how does this information tie into the recently proposed cuts?

Treasury Suspends Investment Into Federal Employee Retirement Funds to Avoid Hitting Debt Ceiling

FedSmith.com author Ian SmithBy Ian SmithDecember 11, 2017 5:57 PM Categories Federal Employee Retirement Leave a comment
Close-up of businessman's hand rejecting the money offered by another businessman

The Treasury Department has announced it will no longer be able to fully invest in two federal employee retirement funds to avoid hitting the debt ceiling.

Federal Employees, Federal Benefits and Debt

FedSmith.com author Ralph R. SmithBy Ralph R. SmithAugust 20, 2017 11:44 AM Categories Federal Employee Pay News, Federal Employee Retirement Leave a comment
US flag sticking in a pile of American dollars

The Treasury Secretary says the government needs authority to borrow more money by September 29th. Could federal pension payments be suspended after this date?

How Do You Take Away a Benefit That’s Already Been Paid For?

FedSmith.com author John GrobeBy John GrobeAugust 7, 2017 2:47 PM Categories Federal Employee Pay News Leave a comment
Rubber stamp with the word 'paid'

Recent proposals suggest cutting federal employees’ retirement benefits, however, the author says that lawmakers may not understand how these are funded.

Federal Employee Pension, G Fund Used to Avoid Government Default

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJune 18, 2017 9:44 AM Categories Federal Employee Pay News, Federal Employee Retirement Leave a comment
Struggling businessman holding a huge ball labeled 'debt'

The debt ceiling for the Federal Government has been reached and it is using accounting techniques to keep paying its bills. Federal employees are helping to fund the “extraordinary measures” now in effect.

How Much Do You Know About Funding of the Federal Retirement System?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithNovember 14, 2012 6:49 AM Categories Federal Employee Retirement Leave a comment

The unfunded liability of the older CSRS retirement system will hit a peak of $684.8 billion by 2023. Your future pension benefits should be secure despite the financial shortfall, according to OPM, as the number of people covered by CSRS continues to decline.

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Daily TSP Performance

March 20, 2023

Fund Last % YTD
G Fund $17.3808 +0.03% +0.84%
F Fund $18.6769 -0.48% +2.58%
C Fund $60.8596 +0.89% +3.32%
S Fund $62.3656 +0.93% +1.36%
I Fund $35.1497 +1.25% +3.56%
L Income $23.2062 +0.25% +1.56%
L 2025 $11.6407 +0.38% +1.90%
L 2030 $40.0180 +0.59% +2.41%
L 2035 $11.8905 +0.65% +2.56%
L 2040 $44.5436 +0.70% +2.69%
L 2045 $12.0844 +0.75% +2.81%
L 2050 $26.2495 +0.80% +2.92%
L 2055 $12.6524 +1.01% +3.17%
L 2060 $12.6512 +1.01% +3.18%
L 2065 $12.6497 +1.01% +3.18%
Get detailed TSP data at TSPDataCenter.com

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