Tag: FRTIB

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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FRTIB Proposes Simplifying TSP Catch-Up Contribution Process

By on January 25, 2020 in Pay & Benefits with 0 Comments
FRTIB Proposes Simplifying TSP Catch-Up Contribution Process

A proposed rule aims to simplify the catch-up contribution process for the TSP.

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Proposal Would Change Calculation Rate of the TSP Annuity COLA

By on December 17, 2019 in Retirement with 0 Comments
Proposal Would Change Calculation Rate of the TSP Annuity COLA

The FRTIB has proposed a change to the rate used to calculate annual increases for TSP annuities.

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Rubio Asks Trump to Replace FRTIB Members in Ongoing Battle Over the I Fund

By on November 28, 2019 in Pay & Benefits with 0 Comments
Rubio Asks Trump to Replace FRTIB Members in Ongoing Battle Over the I Fund

Senator Marco Rubio (R-FL) has taken his battle over the I Fund to the White House.

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FRTIB Responds to Critics Over I Fund Change

By on November 26, 2019 in Pay & Benefits with 0 Comments
FRTIB Responds to Critics Over I Fund Change

The FRTIB has issued a public response to critics over its recent decision to change the TSP’s I Fund.

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Senators Still Fighting TSP I Fund Change

By on November 22, 2019 in Pay & Benefits with 0 Comments
Senators Still Fighting TSP I Fund Change

Two Senators are still fighting the upcoming change to the TSP’s I Fund despite an announcement that it is moving forward.

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Another Bill Introduced to Try to Stop TSP Investments in China

By on November 7, 2019 in Pay & Benefits with 0 Comments
Another Bill Introduced to Try to Stop TSP Investments in China

Senator Marco Rubio (R-FL) is stepping up his efforts to try to stop changes to the TSP’s I Fund.

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