Thread: nasa1974's Account Talk

None of the links seem to work.

Originally Posted by nasa1974

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Originally Posted by weatherweenie

None of the links seem to work.

Use this link is the main page for Govexec.com.
Government News, Research and Events for Federal Employees - GovExec.com

I just cut and pasted the headlines from the main page tjhis morning. I was in a hurry and usually link the individual pages.

Soooo -- TSP is dragging their feet but reluctantly considering offering us a Mutual Fund option. Now if they would only give us more than two IFT's a month I'd be happy.

Would be interesting to see the returns on a mutual fund option.

Originally Posted by Cactus

Soooo -- TSP is dragging their feet but reluctantly considering offering us a Mutual Fund option. Now if they would only give us more than two IFT's a month I'd be happy.

That would make a lot of people happy.

Some more interesting stuff from Govexec.com.
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Don't forget to click on the main page for more stories.

I was checking out the FRTIB website and decided to finally look at the 2013 survey. If you have the time it was interesting. It is 69 pages.

This was taken from page 8 of the survey;

"The original stratified, random sample was 48,146 Federal employees and uniformed services members. Aon Hewitt mailed an announcement postcard to the sample on August 30, 2013 alerting them that the survey would be coming. In addition to the postcard announcement, TSP website banners and a related video posted to the TSP channel on YouTube were used to further promote the survey effort.

On September 11, 2013, Aon Hewitt mailed survey packets containing a cover letter, questionnaire, and postage-paid return envelope to the sample to achieve a reliable and representative sample. In the cover letter, potential respondents were given the option and related instructions to complete the survey online as well. There were 1,413 survey packets returned as undeliverable, leaving 46,733 eligible for completion. The sample was sent a reminder postcard on September 24, 2013. An additional reminder postcard announcing the survey deadline extension was mailed to the sample on October 22, 2013. In addition, reminder messages and deadline extension announcements were posted on the TSP website banner and plan news/announcement pages as well as on the account access page of the sampled participants.

A total of 5,524 participants completed the online or paper survey (useable surveys) for a total response rate of 11.8%. This response rate lags the typical range Aon Hewitt generally obtains from similar surveys in the private sector (typically 25%–35%). It should be noted that this benchmark is for on-line survey administration via email invitation, which may account for much of the difference."


What I found interesting was the information in the 3rd paragraph. Why is it that the FRTIB has an inversion to using the internet for better communication with it's members? Anyway, I did not receive a postcard and wonder if anyone participating on this website received one?

This information is from the April 2014 meeting minutes (4,628,444 TSP participants). So the survey was mailed to just over 1% and 11.8% responded. So the FRTIB is satisfied that 0.01% of it's members are happy. I think I did the math correctly. So take out of this what you want but it appears that 0.01% speaks for all of us.

Originally Posted by nasa1974

.....This information is from the April 2014 meeting minutes (4,628,444 TSP participants). So the survey was mailed to just over 1% and 11.8% responded. So the FRTIB is satisfied that 0.01% of it's members are happy. I think I did the math correctly. So take out of this what you want but it appears that 0.01% speaks for all of us.

I took that survey, I received the card and the packet, but did it on line.

Statistics are a funny thing. Believe it or not the sample is about consistent with reporting results like this.

I did not receive the survey invitation. I wish I had. I would have given them a piece of my mind. I guess that would have made it not a representative sample.

Did the survey allow for comments? I hate the ones we get that are written in such a way that we can't really tell them what we think. Those seem to be the ones the government specializes in. It smacks of: only tell us what we want to hear.

Originally Posted by Cactus

I did not receive the survey invitation. I wish I had. I would have given them a piece of my mind. I guess that would have made it not a representative sample.

Did the survey allow for comments? I hate the ones we get that are written in such a way that we can't really tell them what we think. Those seem to be the ones the government specializes in. It smacks of: only tell us what we want to hear.

I could put in comments and I did where available. But with comments, comes context. If my comments were keyworded in a way that it could be linked with like comments from other users, then it was probably looked at appropriately. But as with all surveys, the outlier doesn't get the attention. I did mention limits, costs, and representation in their monthly metrics as incomplete. I also mentioned that it would be beneficial to represent the cost of our two (free) IFTs as a way to gauge an investors overall performance and impact to the collective, but I received no follow up from anyone.

Originally Posted by Frixxxx

I could put in comments and I did where available. But with comments, comes context. If my comments were keyworded in a way that it could be linked with like comments from other users, then it was probably looked at appropriately. But as with all surveys, the outlier doesn't get the attention. I did mention limits, costs, and representation in their monthly metrics as incomplete. I also mentioned that it would be beneficial to represent the cost of our two (free) IFTs as a way to gauge an investors overall performance and impact to the collective, but I received no follow up from anyone.

See, that's why you didn't get follow up.

"That boy got too much a book learnin' I reckon." Or, "This fool don't know what he talkin' 'bout." Was probably how that thought process worked when your comments were (possibly) read by some random gov't bureaucrat.