Check Monthly TSP Return Rates Review the historical return rates by month for all TSP funds. Daily Headlines for September 3, 2010 | Check Your TSP: Worst August for Stocks Since 2001 | Thrift Savings Plan investors are undoubtedly disappointed with the returns in the TSP funds in August and so far in 2010. Stocks are down for the month--at a rate not seen since August 2001.
Posted: 9/3 | | RELATED HEADLINES: |
| Understanding the CSRS Offset | The federal CSRS Offset is a version of the older retirement system established for employees who completed at least five years of civilian federal service creditable under CSRS and who also have Social Security credit. If you are covered under CSRS Offset, you will pay Social Security taxes and receive a reduced CSRS contribution.
Posted: 9/3 | | RELATED HEADLINES: |
| Fuming Over Change in Federal Per Diem Rates | Federal per diem rates for hotels are dropping in many cases. The rate in New York is dropping to $269 a night from $340, a 20.9% nosedive. Vijay Dandapani, president of New York-based Apple Core Hotels, is fuming. "If anything, these numbers should be reversed. It doesn’t make sense at all. I don’t understand what some of these bureaucrats are thinking."
Posted: 9/3 | | RELATED HEADLINES: |
| "I have decided that death was a better option" |  | A man who ran a Ponzi scheme that targeted federal employees had a 9 a.m. appointment with some government lawyers, but texted them 10 minutes before he was to arrive. "I will not make it this morning," he wrote. "I have decided that death was a better option. I am truly sorry for all the harm I caused."
Posted: 9/3 |
| Feds Sue Arizona Sheriff |  | The Justice Department has sued the nation's self-proclaimed "toughest sheriff," calling Joe Arpaio's defiance of an investigation into his office's alleged discrimination against Hispanics "unprecedented." Arpaio called the lawsuit "a ruse" and said the federal government is just trying to score a win against the state.
Posted: 9/3 |
| Part of U.S. Now Controlled by Mexican Drug Lords Says Arizona Sheriff |  | The federal government has posted signs along an interstate in Arizona, more than 100 miles north of the U.S.-Mexico border, warning travelers the area is unsafe because of drug and alien smugglers, and a local sheriff says Mexican drug cartels now control some parts of the state. "I think the American people are outraged that we can fight wars half-way around the world, send our nation’s treasury and our most precious resources â€" our American heroes that serve in the military -- and yet here in our own country somehow they believe it’s okay for us not to have a secure border."
Posted: 9/2 | | RELATED HEADLINES: |
| Paperless Savings Bonds | Starting Sept. 30, federal employees who invest in Savings Bonds through payroll deductions will be required to buy them from TreasuryDirect.gov, where they'll be stored electronically. The requirement will extend to private-sector employees on Jan. 1, 2011.
Posted: 9/3 |
| Government's Difficulty in Attracting Young Employees | The federal government does not make it easy for students thinking about a career. "The presidential appointments process is a mess, the Senior Executive Service is due for an overhaul, lateral hiring remains the exception to the rule, and too many federal employees believe the system is tilted against performance."
Posted: 9/3 |
Previous Articles on FedSmith.com The Buffalo Soldiers National Museum: Houston Attraction Memorializes American Military History
The Buffalo Soldiers National Museum in Houston, Texas pays tribute to the first six all African American Army units formed in 1866 by Congress. It also honors all the men and women who served this nation in the military since the Civil War. Readers Speak Out: Is America Headed in the Right Direction?
The partisan divide between Democrats, Independents and Republicans is wide--both in how they view the current direction of the country and their view of the most important issues facing the country. Republicans and Independents are fairly close in their responses in this reader survey while Democrats have a much different view. Here are the results of our recent reader survey. How Much Will You Make in 2011?
How much will you make in 2011 as a federal employee? Here is a new pay calculator that lets you consider the possibilities. About this Email The FedSmith.com FREE daily email newsletter is sent each business day with a snapshot of the latest news headlines. FedSmith.com is growing every day as an influential Internet news Web site for the Federal community. Please forward this newsletter to your colleagues so they can also receive our latest news headlines each business day. Go to http://www.fedsmith.com/email_list to sign up for a free subscription, change your email address, or to unsubscribe. Be sure to respond to the confirming email. | Daily TSP Rates | For September 2, 2010 | | | Close | Change | YTD | G | $13.3914 | +0.0008 | +2.07% | | F | $14.3285 | -0.0142 | +7.45% | | C | $13.0999 | +0.1186 | -0.89% | | S | $17.2807 | +0.2162 | +4.98% | | I | $17.6502 | +0.0761 | -4.78% | | L 2040 | $15.7266 | +0.1057 | +0.59% | | L 2030 | $15.5916 | +0.0918 | +0.85% | | L 2020 | $15.4854 | +0.0740 | +1.08% | | L 2010 | $15.5163 | +0.0266 | +1.95% | | L Income | $14.1620 | +0.0243 | +2.03% | | More TSP Rates and Info are available at the TSP Corner Contacting FedSmith.com
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