Board defers action on I Fund transition

[exnavyew]

Board defers action on I Fund transition — (May 13, 2020) Due to a meaningfully different economic environment related in large part to the impact of the global COVID-19 pandemic, as well as the nomination of three new Federal Retirement Thrift Investment Board Members, pending further study, the Board is delaying the implementation of the I Fund benchmark change to the MSCI ACWI ex-U.S. Investible Market index from the MSCI EAFE index.

 

[James48843]

Wimps.

They just allowed the TSP funds to become a partisan political slush fund.

 

[tsptalk]

I thought it was a bi-partisan effort from Senators Marco Rubio (R-FL) and Jeanne Shaheen (D-NH)?

You want China in our I-fund?

Wimps.

They just allowed the TSP funds to become a partisan political slush fund.

Their ears are open. Maybe you should give them a call about increasing the IFT's. I know you have some pull in D.C.

 

[exnavyew]

More background:

[h=1]Federal Retirement Fund Halts Planned China Investment Under Pressure[/h]
https://www.nytimes.com/2020/05/13/business/economy/china-tsp-federal-retirement-fund.html

 

[DreamboatAnnie]

Here is more background... they were asked to halt and 3 of 5 board members will be replaced.

https://federalnewsnetwork.com/tsp/2020/05/trump-administration-directs-tsp-board-to-immediately-halt-planned-i-fund-changes/