Cracks in the Foundation of TSP?
A 2018 DOL audit of the TSP revealed the shaky balance of power behind the world's biggest defined contribution plan
USDA News: ERS & NIFA Understaffed After Move + Conquering Climate Crises
USDA subagencies struggling to get back on foot after move to Kansas City, MO. Also, the US Department of Agriculture’s role in combatting climate change challenges.
OPM News: New Director Awaits Confirmation and Memo on Marijuana Released
The Office of Personnel Management (OPM) will be led by Kiran Ahuja, Biden’s nominee, if confirmed by Senate. Also, memo updates agencies of marijuana policy
The Financial State of FLTCIP
An April 2018 audit showed that the LTCI contract with John Hancock was unsustainable
Cyber Personnel Transition from Air Force to Space Force
Nicknamed “cyber-warriors,” US Air Force cybersecurity team switches to newest military branch, the Space Force.
USPS News: Quarter One Financial Report Shows $727 Million in Income
After posting losses in all four quarters of the previous Fiscal Year, the first quarter of FY 2021 shows income of $727,000,000.
Expense Ratio of TSP Funds are Increasing by 30% in 2021 and 2022
As announced by the Federal Retirement Thrift Investment Board (FRTIB) in November 2020, an increased budget at TSP will mean higher expenses for accountholders.
After 53 Years, Retired Navy Scientist Has Wallet Returned from Antarctica
Demolition crew in Antarctica returned a lost wallet from 1968 to its now 91-year-old owner, who said the wallet “brought back memories.”
NASA: Mars Rover Perseverance Lands on Mars, Sends Video from Red Planet
As three spacecrafts arrive from US, China, and the Middle East- NASA’s Rover, Perseverance, is first to land on Mars.
White House’s Cybersecurity Response to Russian Hack
2020 Cybersecurity breach of Federal Agencies causes Biden Administration to focus heavily on cyber-threats.