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Budget, TSP, Other Measures on Congressional Plate

Published: June 5, 2002

Congress returns to work this week from its Memorial Day recess with only about three months of legislative working time …More

GSA Seeks Vehicle Smoking Ban

Published: June 5, 2002

The General Services Administration, which in 1993 barred the use of tobacco products in GSA fleet vehicles used by federal …More

DoD Authorizes Civilian Hostile Fire Pay

Published: June 5, 2002

The Defense Department has authorized hostile fire pay for its civilian employees at the Pentagon, the World Trade Center and …More

OMB Moving Ahead on Contracting Revisions

Published: June 5, 2002

Despite opposition from employee organizations, the Office of Management and Budget says it is moving ahead with a plan to …More

Expanded Police Powers for IG Agents Advances

Published: June 5, 2002

The Senate Governmental Affairs Committee has approved legislation (S-2530) that would extend to some agents of agency inspector general offices …More

Overseas Jobs to Be Reexamined

Published: June 5, 2002

The Office of Management and Budget is reviewing the number of federal employees assigned overseas with an eye to “rightsizing” …More

Other TSP Policies Also to Change

Published: June 5, 2002

The proposed rules also would change policies regarding contributions, loans and withdrawals for those activated for military service, for example …More

TSP Proposes Death Benefit Changes

Published: June 5, 2002

The Thrift Savings Plan’s governing board has proposed changes in rules affecting death benefits payable under the program. Current TSP …More

Other Bills May Need a Boost

Published: June 5, 2002

Several other measures of interest to employees and retirees are continuing to draw co-sponsors but with time running short, those …More

Prospects Called Favorable on TSP ‘Catch-Up’ Bill

Published: June 5, 2002

Another plan that officials say seems to have a strong chance of passage would allow Thrift Savings Plan investors age …More

Civil Service Reforms Still Have a Chance

Published: June 5, 2002

Although there is little chance of reform of federal pay-setting this year, officials say, there remains a chance that at …More

New SEC Pay System Could Set Precedent

Published: May 29, 2002

Despite several lingering issues, the Securities and Exchange Commission has put in place a new pay system that civil service …More

Moratorium on Acquisition Staff Cuts Proposed

Published: May 29, 2002

The Senate DoD authorization bill also would place a three-year moratorium on further cuts in the DoD acquisition work force …More

Senate DoD Bill Includes Buyout, Other Provisions

Published: May 29, 2002

In addition to the raise language, the Senate measure would: extend by another three years DoD’s authority to pay its …More

4.1 Percent Marker Advances Another Step

Published: May 29, 2002

Meanwhile, the Senate Armed Services Committee has drafted a fiscal 2003 Defense Department authorization bill that like the House-passed version …More

Administration Opposes Contracting Provision

Published: May 29, 2002

The Bush administration, in formal comments on the House-passed DoD budget measure (HR-4546) raised objections to a provision that it …More

Raise Formula Might Be Extended

Published: May 29, 2002

The House Armed Services Committee has said it is “inclined” to extend a special raise formula for military personnel that …More

Air Control Managers Could See Improved Benefits

Published: May 29, 2002

Meanwhile, legislation has been offered in the House (HR-4760) to allow air traffic controllers who move into management or administrative …More

Law Officer, Retirement May Be Broadened

Published: May 29, 2002

A measure (HR-4770) to extend the special retirement provisions applying to federal law enforcement officers to Federal Protective Service officers …More

Unions Would Pass on ‘Cafeteria’ Offerings

Published: May 29, 2002

The American Federation of Government Employees and the National Treasury Employees Union have said in testimony and in prepared statements …More

More Than Two Million Cards in Use

Published: May 29, 2002

OMB told agencies to review the number of cards they issue, suggesting that they deactivate all current cards and reactivate …More

OMB Cracks Down on Charge Cards

Published: May 29, 2002

In response to recent inspector general and General Accounting Office reports citing abuses of government-issued travel and purchase cards held …More

Test on Coercion Outlined

Published: May 29, 2002

A recent decision by the U.S. Court of Appeals for the Federal Circuit laid out the test for determining whether …More

EEOC’s Guidance on Federal Sector Alternative Dispute Resolution

Published: May 22, 2002

The Equal Employment Opportunity Commission, which has jurisdiction over disputes within the government over alleged bias on the base of …More

COLA Count at 1 Percent

Published: May 22, 2002

Through seven months of the 12-month counting period toward the January 2003 federal retiree cost-of-living adjustment, retirees have banked 1 …More

Early Enrollment Applications Still Being Processed

Published: May 22, 2002

Although early enrollment applications for the federal long-term care insurance program stopped being available May 15, applications received by the …More

No Tax Break Foreseen on LTC Premiums

Published: May 22, 2002

Meanwhile, the Office of Personnel Management has sent guidance to agencies regarding payroll withholding for employees who sign up for …More

Visit to Cafeteria May Be Ahead

Published: May 22, 2002

The House civil service subcommittee this week will begin hearings into a concept that has long been discussed as a …More

Transition Period Ahead

Published: May 22, 2002

Several special considerations will apply during the transition period to the new system. From August 31 through September 15, participants …More

Several Loan Policies Also Changing

Published: May 22, 2002

The TSP’s new computer system will also bring several changes in how investors may take loans from the program. Under …More

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TSPG FundF FundC FundS FundI Fund
Mar 3119.79 ~20.89 ~104.76 ~99.18 ~56.51 ~
Mar 3019.79 ~20.85 ~101.79 ~95.88 ~55.26 ~
TSPG FundF FundC FundS FundI Fund
Feb0.33 %1.63 %-0.76 %1.08 %6.05 %
YTD0.70 %1.84 %0.68 %3.52 %12.34 %
1yr4.39 %6.28 %16.96 %16.58 %42.22 %
3yr4.38 %5.11 %21.76 %15.72 %20.35 %
5yr3.59 %0.50 %14.16 %5.30 %11.74 %
10yr2.80 %2.07 %15.47 %12.39 %10.93 %
TSP fund performance
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