Shows & Panels
- Accelerate and Streamline for Better Customer Service
- Ask the CIO
- The Big Data Dilemma
- Carrying On with Continuity of Operations
- Client Virtualization Solutions
- Data Protection in a Virtual World
- Expert Voices
- Federal Executive Forum
- Federal IT Challenge
- Federal Tech Talk
- Feds in the Cloud
- Health IT: A Policy Change Agent
- IT Innovation in the New Era of Government
- Making Dollars And Sense Out of Data Center Consolidation
- Navigating the Private Cloud
- One Step to the Cloud, Two Steps Toward Innovation
- Path to FDCCI Compliance
- Take Command of Your Mobility Initiative
Shows & Panels
Latest TSP News
|Thrift Savings Plan Ticker|
|Closing price updated at approx 6pm EST. each business day. More at tsp.gov.|
Returns for most of the basic Thrift Savings Plan basic funds continued inching up in July, with only the S Fund, pegged to stocks of small and medium-sized U.S. companies, dipping into the red for the month.
The contract includes "very stringent" IT security requirements. The announcement follows a data breach that affected 123,000 TSP participants in 2011.
The House voted 263-116 to approve the Federal Employee Tax Accountability Act and send it to the Senate. The measure would make those are who are seriously delinquent ineligible for federal employment, whether they're working for the government now or are applying for a job. The House will also vote on final passage of a bill Wednesday to curb misuse of government charge cards.
Remember the recent cyber attack on more than 100,000 Thrift Savings Plan participants? It's been out of the headlines lately, but lawmakers haven't forgotten about it.
The Government Accountability Office compared an existing socially responsible investment stock index to the stock portfolio of the federal Thift Savings Plan and discovered several barriers existed for feds hoping to adopt a more socially conscious approach to their retirement planning.
Janet Kopenhaver, Washington representative for
Federally Employed Women, will talk about the
impact of some bills pending in Congress that
affect federal employees.
July 18, 2012
Federal Times Senior Staff Writer Stephen Losey
will give us an update on a new retirement
law...and other legislation affecting federal
July 11, 2012
All 10 Thrift Savings Plan funds finished the month of June with positive figures, ending a several month slide into the red. The I Fund grew from -11.40 percent in May to 7.08 percent on June 30.
Senior Correspondent Mike Causey once again turns over to longtime reader, Dennis S., who spent a long time with Uncle Sam and a lot of time in the private sector. He says both the government and the private sector have their upsides and downsides. But he thinks its important to appreciate what you've got and live in the moment.
After a two-month delay, all civilian employees at the Defense Department, as well as several other agencies, can now contribute to the recently rolled-out Roth option for their Thrift Savings Plans.
Defense Department employees have had to wait longer than other feds but this week they're getting their chance.
Hosts Bob Leins and Tammy Flanagan discuss the Voluntary Contribution Program and its relation to both the Roth IRA and the Roth TSP.
June 25, 2012
Portions of last week's interview with TSP Executive Director Greg Long about the TSP hack attack will be re-aired this week. Also, Steve Watkins and Sean Reilly from the Federal Times join host Mike Causey to talk about the status of legislation pending in Congress that affects federal workers.
June 20, 2012
For people worried about their TSP accounts being hacked, no news is good news. If you didn't get a letter, it means you are one of the 97 percent whose data is safe. For more facts about the hack job, check out Senior Correspondent Mike Causey's column.
It's been nearly three weeks since the Thrift Savings Plan board announced a data breach of 123,000 Thrift Savings Plan, and since then, the board has been fielding questions from participants, Congress and the media. TSP's executive director answered some of the most frequently asked questions about the breach.
The cover up, as they say, is almost always worse than the crime itself. The rule of thumb, from the Watergate era, is follow the money, although people rarely do that. Following the money can be tricky. Also complicated. Especially in the computer age with multi- national players, Senior Correspondent Mike Causey says.
Eight of the 10 Thrift Savings Plans posted negative numbers for the month of May, with the two funds posting positive numbers sliding slightly as well.
In July 2011, a computer owned by TSP contractor Serco was accessed by an unauthorized party. The Federal Retirement Thrift Investment Board was notified of the attack by the FBI in April of this year.
One senator is questioning why it took nine months for the Thrift Savings Plan board to find out about a sophisticated cyber attack that compromised 123,000 TSP participants' accounts. Sen. Susan Collins (R-Maine) also wants to know why Congress wasn't informed of the breach until more than a month after it was reported to the board.
Host Mike Causey will talk retirement, the TSP, and more with attorney Tom O'Rourke and Federal Times senior writer Stephen Losey.
May 30, 2012