Tag: TSP
Telling fiduciaries of private plans to steer clear, but Board of TSP to avoid Chinese stocks. Candidly, I’m confused by our Department of Labor (DOL). On June 23 the DOL released a strongly worded rule for private pensions covered by the Employee Retirement Income Security Act of 1974 (ERISA) saying that: “It is unlawful for…
The cuts aren’t unreasonable, but could make it hard to hire talented people. I’m always on the lookout for proposed policies that affect pensions, and the president’s fiscal 2019 budget includes a number of proposals to reduce retirement benefits for federal civilian workers. The bulk of federal civilian workers are automatically covered by a defined-benefit plan –…
