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It's Your Future: Get to Know Your TSP


   

For many federal employees, 3 percent of each paycheck is deducted and put into their Thrift Savings Plan (TSP). But how much do you know about your retirement savings and investment plan?

The TSP is a vital part of creating a secure retirement for you and your family. Check out these five interesting facts about the TSP and watch the TSP video: Take Five for Your Future.

One In November 2013, the FERS participation rate in the TSP was 86.1 percent. FERS employees hired after July 2010 are now automatically enrolled in the TSP and 3 percent of an employee’s pay is deducted every pay period and put into the worker’s account.

One There are more than 4 million participants in the TSP.

One The TSP manages employee investments that total $391 billion.

One The largest percentage of fund balances is in the G Fund, Government Securities, with 37 percent of the money invested there.

One The average balance for FERS participants is $105,600.


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Election 2014 Materials

Act NowAsk your members of Congress to oppose requirements to use Private Tax Collectors.

Act NowSupport H.R. 4306, the FAIR Act, which would provide federal employees with a 3.3 percent pay increase effective January 2015.

Act NowAsk your senators and representative to support permanent parity between the transit and parking portions of the commuter benefit.

Act NowAsk your senator to co-sponsor S. 1192, the “Commonsense Contractor Compensation Act."


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Kelley: Insufficient Funding Will Severely Curtail CBP’s Security and Trade Missions (Read the testimony)

NTEU Applauds Senate Bill Calling for 3.3 Percent Federal Pay Raise in 2015

Kelley: Budget Cuts and Political Attacks All Contribute to Low Employee Morale (Read the testimony)  

House Approval of Ryan Budget Marks Another Attack on Federal Employees

NTEU Calls for CBP Authorization To Address Need for Increased Staff

NTEU Leader Presses for Approval of White House IRS Budget Proposal (Read the testimony)

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