A news and educational resource pooling excerpts from various news and information sources from the web for the Federal Retiree.
Article Excerpt: "...January 2013 should see employees file 21,000 claims, according to OPM projections, with a target of 11,500 claims being processed for that month...."
Article Excerpt: "...The other TSP funds, consisting of stock index funds, a bond index fund and target-date funds that mix investments in those other funds, are not affected. The Treasury earlier used a separate maneuver involving the civil service retirement fund which it similarly said would have no impact on employees or retirees...."
Article Excerpt: "...TSP Executive Director Greg Long said in a recent letter to TSP participants that in the event of hitting the debt ceiling, it is possible that the government will delay issuing new securities for the G fund to avoid increasing the federal debt...."