Tag: FRTIB

FRTIB Chairman Resigns

By on June 5, 2020 in Agency News with 0 Comments

Michael Kennedy, Chairman of the Retirement Thrift Investment Board, has announced his resignation.

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The Thrift Board Blinked

By on May 15, 2020 in Pay & Benefits with 0 Comments
The Thrift Board Blinked

The FRTIB has delayed implementation of its planned change to the TSP’s I Fund, but is this debate really over yet?

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TSP Delays Implementing I Fund Change

By on May 13, 2020 in Pay & Benefits with 0 Comments
TSP Delays Implementing I Fund Change

The TSP’s I Fund will continue using the current index rather than a broader international index based on a decision made today.

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White House Orders FRTIB to Stop Planned Change to I Fund

By on May 12, 2020 in Pay & Benefits with 0 Comments
White House Orders FRTIB to Stop Planned Change to I Fund

The White House is taking formal action to stop a planned change to the TSP’s I Fund.

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TSP Politics: New Nominees Would Replace Some FRTIB Members

By on May 5, 2020 in Pay & Benefits with 0 Comments
TSP Politics: New Nominees Would Replace Some FRTIB Members

As the TSP moves ahead to expand I Fund investments, President Trump has nominated new members for the TSP’s governing board.

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Lawmakers Still Fighting the TSP’s I Fund Change

By on April 28, 2020 in Pay & Benefits with 0 Comments
Lawmakers Still Fighting the TSP’s I Fund Change

Another lawmaker has introduced a bill to try to stop the TSP’s I Fund from investing in Chinese companies.

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FRTIB Plans to Raise Automatic Enrollment in TSP to 5%

By on February 18, 2020 in Pay & Benefits with 0 Comments
FRTIB Plans to Raise Automatic Enrollment in TSP to 5%

A proposed rule in the Federal Register would increase the automatic enrollment percentage in the TSP from 3% to 5% later this year.

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New TSP Hardship Withdrawal Option Likely Coming Soon

By on February 15, 2020 in Pay & Benefits with 0 Comments
New TSP Hardship Withdrawal Option Likely Coming Soon

A proposed rule would allow TSP participants to make hardship withdrawals in the event of natural disasters.

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New TSP Annuity COLA Computation Rate Coming in March

By on February 14, 2020 in Retirement with 0 Comments
New TSP Annuity COLA Computation Rate Coming in March

TSP annuities will have a new formula used to calculate their cost of living adjustments starting this spring.

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FRTIB Awards TSP Annuity Contract

By on January 31, 2020 in Agency News with 0 Comments
FRTIB Awards TSP Annuity Contract

The FRTIB announced that it has awarded its life annuity contract for the TSP to MetLife.

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