USPS: New TSP podcast available

If you have questions about the Thrift Savings Plan (TSP), locating answers just became a little easier. The Federal Retirement Thrift Investment Board, the agency that administers the program, recently introduced “The Real TSP,” a podcast available on YouTube. The podcast is hosted by TSP educators who provide an in-depth look at retirement investing and…

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USPS OIG Report: Foreign Posts’ Retirement Asset Investments

The U.S. Postal Service participates in two government-wide pension plans that are administered by the U.S. Office of Personnel Management (OPM): the Civil Service Retirement System (CSRS) and Federal Employees Retirement System (FERS). The assets of these plans are held in one trust fund, the Civil Service Retirement and Disability Fund, and are managed by…

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Postal Employees and Retirees See Threats to Pay and Benefits in White House Budget

03/29/2019 – The White House released its plans for the fiscal year 2020 budget this month. It once again attacks workers, calling for deep cuts to salaries, retirement and health benefits. It also echoes parts of the Postal Task Force December 2018 report that calls for the elimination of union negotiated collective bargaining rights over…

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USPS: Employees urged to review benefits statement

The Postal Service is mailing all employees a personal benefits statement that details their overall compensation package. When you receive your statement, USPS wants you to pay close attention to the following information: • What you paid in 2018 for health benefits. Many employees pay for more health insurance than they need, often giving up…

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USPS Webinar for Postal Retirees on September 6: TSP Withdrawal Changes for 2019

Thursday, September 6, 2018 1 – 2 pm EST As part of the TSP Modernization Act you will soon have many new options when withdrawing your money from TSP. Learn more about the upcoming TSP withdrawal changes for 2019 through this informative WebEx workshop. If you experience difficulty accessing WebEx, you can also dial-in to…

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USPS: Employees urged to review benefits info

The Postal Service is mailing every employee a personal benefits statement that details his or her overall compensation package. When you receive your statement, USPS wants you to pay close attention to these three sections: • What you paid for in 2017 for health benefits. Many employees pay for more health insurance than they need,…

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SEC Files Fraud Charges Against Former Brokers Targeting Federal Retirees

FOR IMMEDIATE RELEASE Washington D.C., July 31, 2017— The Securities and Exchange Commission today charged four former Atlanta-area brokers with fraudulently inducing federal employees to roll over holdings from their federal Thrift Savings Plan (TSP) retirement accounts into higher-fee, variable annuity products. The SEC’s enforcement action comes at a time when the agency has been…

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