July TSP Returns

How did the TSP funds perform last month? See the latest returns at TSPDataCenter.com.

FLRA Finds Air Traffic Controller Union Breached Labor Law But Allows Future Violations

The FLRA writes that changing its constitution to “punish” controllers who leave its bargaining unit and return, was an unfair labor practice retroactively but not “prospectively.” The unions’ action was to “punish unit members who escaped the unconscionable terms and conditions unilaterally imposed by the FAA . . . by going to work for FAA management.”