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Board approves budget boost for TSP for fiscal 2012 Sep 16, 2011 The board governing the Thrift Savings Plan on Friday approved a $143.1 million budget for fiscal 2012, which represents an $11.3 million budget increase over this year. Read Comments (1) Recommend (6) Thousands of TSP participants move to safety of G Fund Last week's wild stock market swings prompted tens of thousands of Thrift Savings Plan participants to take cover in the G Fund. (15) TSP chairman opposes director's proposed budget increase A rift is growing at Thrift Savings Plan headquarters over next year's potential budget increase. Treasury raids your pension — but don't worry, Geithner says For the past few days, the government has been brushing up against its $14.3 trillion debt limit. To buy time and free up more borrowing authority, Treasury Secretary Timothy Geithner has resorted to time-tested maneuvers involving two of the biggest federal retirement funds: the Civil Service Retirement and Disability Fund (CSRDF), which provides benefits to retired and disabled federal employees in the Civil Service Retirement System, and the Thrift Savings Plan's Government Securities Investment Fund, better known as the G Fund. (12) Government reaches debt limit, borrows against federal pension funds Treasury Department officials have begun to borrow against federal pension funds to meet the government's financial obligations because the country is expected on Monday to reach the limit of its borrowing authority from other sources under the $14.3 trillion debt ceiling. (24)		Federal Times Video Most Popular Federal Stories Today Past Week Past Month Bill would prohibit step increases for rest of year (523) OPM speeds up retirement claims processing, but backlog grows (453) House passes bill proposing BRAC-like process for excess federal property (281) Trump will develop Old Post Office into luxury hotel (233) Agencies on track to cut or avoid $50 billion in improper payments (226) Bill would prohibit step increases for rest of year (17067) Senators propose civilian pay freeze through 2014 (14422) CBO: Feds out-earn civilians; report fuels push for extended pay freeze (5709) When can agencies monitor your email? FDA case sparks debate over policy (5380) Pentagon plans for five years of reduced raises for civilian employees (5348) Proposed pay raise draws ire from all sides (34003) Pentagon plans for five years of reduced raises for civilian employees (30974) Panel chair introduces bill to reduce pensions (25475) Details coming soon on TSP's planned Roth fund (17403) Bill would prohibit step increases for rest of year (17067) Tell Us About Labor-management partnerships What changes, good or bad, do you foresee from President Barack Obama’s executive order to re-establish labor-management partnerships? Send your comments to Staff Writer Stephen Losey.
	TSP News Board approves budget boost for TSP for fiscal 2012 The board governing the Thrift Savings Plan on Friday approved a $143.1 million budget for fiscal 2012, which represents an $11.3 million budget increase over this year. (1) Thousands of TSP participants move to safety of G Fund Last week's wild stock market swings prompted tens of thousands of Thrift Savings Plan participants to take cover in the G Fund. (15) TSP chairman opposes director's proposed budget increase A rift is growing at Thrift Savings Plan headquarters over next year's potential budget increase. Treasury raids your pension — but don't worry, Geithner says For the past few days, the government has been brushing up against its $14.3 trillion debt limit. To buy time and free up more borrowing authority, Treasury Secretary Timothy Geithner has resorted to time-tested maneuvers involving two of the biggest federal retirement funds: the Civil Service Retirement and Disability Fund (CSRDF), which provides benefits to retired and disabled federal employees in the Civil Service Retirement System, and the Thrift Savings Plan's Government Securities Investment Fund, better known as the G Fund. (12) Government reaches debt limit, borrows against federal pension funds Treasury Department officials have begun to borrow against federal pension funds to meet the government's financial obligations because the country is expected on Monday to reach the limit of its borrowing authority from other sources under the $14.3 trillion debt ceiling. (24) More Headlines TSP board targets 90 percent participation rate Labor proposes overhaul of federal workers' comp benefits TSP's new Roth option to be delayed TSP investors welcome L 2050 Fund with $400M investment $58M payment error spurs TSP to buy systems-testing tool TSP erroneously sends payments to 9,700 participants New employees taking an active role in managing their TSP accounts TSP board denies requested budget increase for 2011 TSP prepares for launch of Roth investment option Automatic TSP enrollment for new feds starts Aug. 1 Participation in TSP's L Funds tops 700,000 for first time How Ponzi scheme ripped off feds — and how SEC brought it down Spotting the signs of a Ponzi scheme SEC probes alleged Ponzi scheme targeting feds TSP places holds on tax-delinquent participants' accounts In volatile May, more TSP participants seek safety in G Fund Minority participation in TSP lags IRS may get access to TSP accounts of tax-delinquent feds Ruling: Let IRS garnishee TSP accounts of tax-delinquent feds TSP board nominees urge education for younger employees Search the TSP Archives for more News