USPS Reports $748 Million Net Loss in Q1 2020
The Postal Service reported another net loss for Q1 2020, but it was actually an improvement over last year.
How did the TSP funds perform last month? See the latest returns at TSPDataCenter.com.
The Postal Service reported another net loss for Q1 2020, but it was actually an improvement over last year.
Legislation that would eliminate the Postal Service’s retirement pre-funding mandate has taken another step forward in the legislative process.
A VA employee has been charged in federal court with embezzling nearly $70,000 in VA funds.
According to OPM’s latest retirement data, the number of federal employees that retired at the end of 2019 was higher than in recent years.
A DOI employee has been returned to his job along with backpay and benefits after a settlement in a whistleblower case.
As the author explains, federal employees who think their taxes will be lower in retirement could be in for an unpleasant surprise.
OPM has issued a memo outlining actions the agency is taking to prevent the spread of the coronavirus within the federal workforce.
CBO said in a recent report that it expects the Postal Service to continue to default on required payments to its retiree health benefits fund.
Stock markets reacted quickly to news of a virus spreading quickly. The January TSP returns reflect this fear.
The FRTIB announced that it has awarded its life annuity contract for the TSP to MetLife.