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TSP Weighs Its Supermodel Retirement Status
Government Executive
Feb. 18, 2016 "The board that runs the Thrift Savings Plan, the federal government's 401(k)-style retirement program, is anxiously eyeing a new bill that uses the TSP as a model for a national retirement savings plan for millions of American workers.... 'What people miss is, we are an employer benefit. We're not in existence for any other reason than to provide federal employees with a retirement benefit that they get because they are federal employees.... ' That mission becomes more complicated when the TSP becomes available to everyone, [Kim Weaver, FRTIB director of external affairs] said. 'Once you open it up to all Americans, that focus gets lost, and the ability to keep our costs low completely goes out the window.' " MORE >> |
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