How did the TSP funds perform last month? See the latest returns at TSPDataCenter.com.
The author says that a common approach to failure in organizations is to pretend that it didn’t happen, but she says that it’s actually important to embrace and integrate failure and what can be learned from it to improve going forward.
The National Treasury Employees Union has sued the Office of Personnel Management over the agency’s data breaches, alleging that OPM violated the constitutional rights of federal employees by failing to protect their personal information.
FedSmith has received questions from geographic readers in areas to be covered by new locality pay rates. Most readers asking questions are wondering if they will receive the full locality pay differential cited by the Federal Salary Council. Our advice: Don’t make any purchases based on your expectations of increased income until you know the actual amount you will receive. This article explains why.
How do your TSP fund balances and investment decisions compare to other federal employees? Are TSP balances generally going up or down? Recent data from the TSP provide some insight into these questions.
The Office of Personnel Management has issued a memo which says that the recent Supreme Court ruling upholding gay marriage will not have any impact on federal employee benefits.
The author says that Social Security benefits are not guaranteed, and he points out that the government can revoke them at any time.
The Office of Personnel Management has released the latest monthly figures on its retirement claims processing status. The latest data show that the backlog of outstanding clams was reduced only slightly in June.
The author, who is a financial advisor who works with federal employees, discusses the data breaches at OPM and offers some steps federal workers can take to protect themselves from potential identity theft problems that could arise.
Virginia’s Senators recently expressed some concerns about OPM’s decision to take its security clearance database offline, in particular with respect to how the agency plans to handle the processing backlog in the interim.
All TSP funds, with the exception of the G fund, showed losses in June including all of the Lifecycle funds. However, all funds remain in positive territory for the year.
