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GAO

GAO Employees Strike Deal to Keep Higher Pay Despite Living in Cheaper Localities

September 11, 2023 4:29 PM Tags GAO, Telework Leave a comment

Federal employees working for the Government Accountability Office (GAO) have struck a deal with the agency to keep their high salaries even as they remote work and move to cheaper locality pay areas.

Federal Agencies Report Making Over $200 Billion in Improper Payments

FedSmith.com author Ian SmithBy Ian SmithApril 11, 2023 9:15 AM Categories Agency News Leave a comment
Image of cash going down a drain

A GAO report highlights just how much waste is generated by improper payments in some of the federal government’s biggest programs.

Waiting for Resolution of TSP Website Problems? GAO Issues Interim Statement

FedSmith.com author Ralph R. SmithBy Ralph R. SmithMarch 8, 2023 10:19 AM Categories Federal Employee Pay News Leave a comment

In August 2022, GAO accepted a request to investigate TSP website problems. An interim GAO statement cites problems and an estimated date for a final report.

GAO: VA Hired Hundreds Of Employees With Drug-Related Criminal History

February 24, 2023 4:45 PM Tags GAO, VA Leave a comment

The Department of Veterans Affairs has hired hundreds and possibly thousands of people with criminal records to care for veterans, which a new report from the Government Accountability Office says is putting veterans at risk of harm.

Continuing Confusion Over FLRA General Counsel Position

FedSmith.com author Ralph R. SmithBy Ralph R. SmithFebruary 13, 2023 11:05 AM Categories Human Resources Leave a comment

The GAO has issued a decision impacting the federal labor relations program. The FLRA general counsel was found by GAO to be serving in violation of the law.

House Committee Demands Answers on Ineligible FEHB Participants

FedSmith.com author Ian SmithBy Ian SmithUpdated: January 24, 2023 2:25 PM Categories Current Events Leave a comment

A recent report highlighting billions in potential waste in the FEHB program caught the attention of the House Oversight Committee.

Waste in FEHB Program Could Be Costing $1 Billion Annually

FedSmith.com author Ian SmithBy Ian SmithUpdated: January 19, 2023 11:07 AM Categories Federal Employee Pay News Leave a comment
Image of cash going down a drain

A new GAO report says that payments made to ineligible family members under FEHB could be costing OPM as much as $1 billion every year.

How Many Agencies Were Working to Implement Schedule F Before It Was Revoked?

FedSmith.com author Ian SmithBy Ian SmithSeptember 30, 2022 9:38 AM Categories Agency News Leave a comment

A new GAO report details how many agencies planned to implement Schedule F before it was revoked.

GAO Agrees to Investigate TSP Website Problems

FedSmith.com author Ian SmithBy Ian SmithAugust 11, 2022 6:33 AM Categories Current Events Leave a comment

GAO has agreed to investigate the recent problems that have plagued the TSP since the launch of the new website and features in June.

Frustrated? Eleanor Holmes Norton Seeks GAO Investigation of FRTIB and New Inspector General

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJuly 9, 2022 9:33 AM Categories Federal Employee Pay News Leave a comment

Problems stemming from the new TSP website are not over. Eleanor Holmes Norton wants a GAO investigation and appointment of an inspector general for the FRTIB.

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Daily TSP Performance

September 22, 2023

Fund Last % YTD
G Fund $17.7324 +0.01% +2.88%
F Fund $18.1937 +0.37% -0.08%
C Fund $67.0697 -0.23% +13.86%
S Fund $66.4617 -0.15% +8.01%
I Fund $36.8195 -0.03% +8.48%
L Income $23.9569 -0.01% +4.84%
L 2025 $12.1152 -0.02% +6.05%
L 2030 $42.1402 -0.06% +7.84%
L 2035 $12.5554 -0.07% +8.29%
L 2040 $47.1740 -0.08% +8.76%
L 2045 $12.8289 -0.08% +9.15%
L 2050 $27.9418 -0.09% +9.55%
L 2055 $13.6332 -0.15% +11.17%
L 2060 $13.6315 -0.15% +11.17%
L 2065 $13.6294 -0.15% +11.17%
Get detailed TSP data at TSPDataCenter.com

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