TSP Returns Fall in April—Most Yearly Returns Still Positive
In the first quarter of 2024, TSP returns had the best first quarter performance since 2019. With one exception, all TSP funds declined in April.
In the first quarter of 2024, TSP returns had the best first quarter performance since 2019. With one exception, all TSP funds declined in April.
A new CBO report found that total compensation of federal employees is 5% higher on average than their private sector counterparts.
New records are being set by the TSP. Here is an update on TSP fund performance and some of the records cited by the TSP in its latest release.
The leadership of the FLRA has struggled with vacancies. Two nominations may emerge from the Senate after a recent hearing. The General Counsel position remains vacant.
National election years are often the prime time for Hatch Act violations. Two new cases show how the Hatch Act and social media can come together.
The March CPI report shows continuing inflation so far in 2024. This may mean a higher 2025 COLA but a negative economic impact on all consumers.
A bill would impose restrictions on telework by federal employees. It would also require evaluating the impact of telework on delivery and response times of services.
So far, 2024 has been a great year for TSP returns. All TSP Funds, with one exception, are showing a positive return in 2024.
TSP returns are off to a strong start in 2024. One fund is up almost 10%.
The rapid expansion of federal employee locality pay is continuing. Here is a proposed list adding about 15,000 more employees to locality pay areas in 2025.