nasa1974's Account Talk

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Took a beating yesterday. New pair of sticky pants on. Hope to ride the roller coaster uphill today. "Please keep your hand and arms inside the car."
 
Glad I have a new pair of sticky pants. This ride has been so bumpy I almost came out of my seat. Let's hope next week is a bit smoother. Good luck everyone.
 
Re: GET READY FOR ANOTHER GOVERNMENT SHUTDOWN

Wow! Fell back to page 3. Anyway. Found this interesting on Govexec.com Government News, Research and Events for Federal Employees - GovExec.com

Congress Doesn’t Have Appetite For Messing with the G Fund, Senator Says
By Kellie Lunney April 6, 2015 21 Comments

"A House proposal to limit the rate of return on the Thrift Savings Plan’s government securities fund to help reduce the deficit is unlikely to become reality, according to one Democratic senator..."
Congress Doesn
 
Re: GET READY FOR ANOTHER GOVERNMENT SHUTDOWN

I found this article interesting. It was posted on MSN Money.

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Bloomberg
Javier Blas


Oil-rich nations are dumping US assets at a record pace

Oil-rich nations are dumping US assets at a record pace
 
Some interesting articles from Govexec.com
Government News, Research and Events for Federal Employees - GovExec.com


Lawmakers in Both Parties Promise to Be Nicer to Feds
By Eric Katz April 16, 2015 29 comments
Lawmakers in Both Parties Promise to Be Nicer to Feds - Management - GovExec.com



How to Prepare for a Retirement Storm

By Tammy Flanagan
National Institute of Transition Planning April 16, 2015 12 Comments
How to Prepare for a Retirement Storm - Retirement Planning - Pay & Benefits - GovExec.com
 
I like this one:

At the same time, there actually have been several improvements to federal benefits in recent years, including changes to the Thrift Savings Plan, ...
Click to expand...
What? Limiting us to 2 IFTs a month -- that's a benefit? :rolleyes:
 
Some more interesting info from Govexec.com
Government News, Research and Events for Federal Employees - GovExec.com



I did find this article a bit disturbing.

TSP Participants Could Be Vulnerable to Hackers, Auditors Say
By Eric Katz April 20, 2015 1 Comment

"The agency running the Thrift Savings Plan has not implemented the proper controls to prevent hackers from accessing its systems and potentially compromising the personal data of federal employee and retiree participants, federal auditors said on Monday..."

TSP Participants Could Be Vulnerable to Hackers, Auditors Say - Pay & Benefits - GovExec.com
 
nasa1974 said:
Some more interesting info from Govexec.com
Government News, Research and Events for Federal Employees - GovExec.com



I did find this article a bit disturbing.

TSP Participants Could Be Vulnerable to Hackers, Auditors Say
By Eric Katz April 20, 2015 1 Comment
"The agency running the Thrift Savings Plan has not implemented the proper controls to prevent hackers from accessing its systems and potentially compromising the personal data of federal employee and retiree participants, federal auditors said on Monday..."

TSP Participants Could Be Vulnerable to Hackers, Auditors Say - Pay & Benefits - GovExec.com
Click to expand...



This happened in 2012, you'd figure the Board would've taken care of of it 3 years later.

Posted at 10:53 AM ET, 05/25/2012
TSP discloses hacking of accounts
More than 120,000 federal employees and other account holders in the Thrift Savings Plan had personal information including Social Security numbers accessed last year in a “sophisticated cyber attack,” the TSPannounced Friday morning.
The TSP is sending letters to affected individuals including information on how to contact a call center that has been established to offer services such as credit monitoring. Also, the TSP is monitoring the affected accounts for suspicious activity.
The attack was made last July against a contractor, Serco Inc., which along with the TSP was notified last month by the FBI. The company and the agency shut down the compromised computer, started a review of computer security procedures and beefed up protections, the TSP said in its announcement.
“We sincerely regret that this event occurred and we will provide assistance and support to affected individuals through a call center and credit monitoring,” TSP executive director Greg Long said in a statement. “We are working with Serco and other security experts to ensure that TSP data is protected and secure.”
 
Messing with our TSP again

Congress just can't stop messing with our TSP.

This is from Govexec.com
Government News, Research and Events for Federal Employees - GovExec.com



Lawmaker: Let Feds Invest TSP Savings in Companies With Female Leadership

By Eric Katz May 19, 2015 14 Comments

Lawmaker: Let Feds Invest TSP Savings in Companies With Female Leadership - Pay & Benefits - GovExec.com


"Federal employees and retirees should have the opportunity to invest in women business leaders, according to a Democratic lawmaker.

That is why Rep. Don Beyer, D-Va., introduced the Gender Diversity Investment Act, which would create a new Thrift Savings Plan fund invested in companies “that demonstrate a strong commitment to gender diversity and women’s economic empowerment.” Beyer said the bill would not cost anything -- though the Federal Retirement Thrift Investment Board would have to create or contract out a new investment index -- and would encourage businesses to put more women in leadership..."
 
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