Thread: PETITION TO INCREASE # of IFT's

Originally Posted by tsptalk

Well it's good to know they have no interest in listening to the participants regardless of the outcome of the petition. Sounds about right.

I guess when they gave us the opportunity to move funds on a daily basis that it wasn't thought out very well. So about 1% of total participants took advantage of the daily trades and the board panicked. What would have happened if 5% of the participants had traded daily? Anyway it would be nice to have the trade deadline at 4pm EST instead of noon. Sure would make it easier for the folks west of the Rockies.

already did. still need a lot of people to sign

Originally Posted by nasa1974

I guess when they gave us the opportunity to move funds on a daily basis that it wasn't thought out very well. So about 1% of total participants took advantage of the daily trades and the board panicked. What would have happened if 5% of the participants had traded daily? Anyway it would be nice to have the trade deadline at 4pm EST instead of noon. Sure would make it easier for the folks west of the Rockies.

Yeah, those were the good ol' days. I had to keep a listing of which fund I was in on a given day on my government wall calendar. Made a ton of money during that time. As a young man, it helped me build a great base from which to work from, and learn about the power of compound interest. Mentioned the other day on here that I have my "cease and desist" letter from the TSP Board framed, and displayed proudly in my home office.
Good times.

I took for the team this morning. I joined FB.
Said I'd never do it. But, my first post (and possibly last) was to the TSP FB page.
And I got the same "we have to review your post" message. We'll see if they support the 1st amendment.
Interesting TSP would issue a statement addressing an increase in IFTs before they even see how many participants support it. Guess we know where we stand with at least some of those in the Greg Long regime.

Originally Posted by RazorCat

Yeah, those were the good ol' days. I had to keep a listing of which fund I was in on a given day on my government wall calendar. Made a ton of money during that time. As a young man, it helped me build a great base from which to work from, and learn about the power of compound interest. Mentioned the other day on here that I have my "cease and desist" letter from the TSP Board framed, and displayed proudly in my home office.
Good times.

I didn't get a nasty gram, but did take advantage of the extra IFT's. That was the time frame I helped work out the <1% moves with squalbear.

Article today: The Hiring Freeze Takes a Toll on One Benefit, a Petition for a TSP Tweak and More - Pay & Benefits Watch - Pay & Benefits - GovExec.com

Thanks. Saw that gator. We were talking about it earlier.

Just FYI. I forwarded the WH petition and the Gov. Exec article to AFGE HQ's, Mike Causey, and Fed Smith and friends at DOE and asked them to please get the word out to federal staff. No idea if anybody will do anything but at least I tried. 2MorYrs had contacts at NARFE. Perhaps he can get them involved.

FS

Thanks FS. This is bringing some of us down memory lane. People like Causey hated us back then so I'm sure he won't help. They are part of the world where big banks and government know better than us stupid little people.

Morning update. 2186 signatures.

I'll give the local Union President a few days, and give him a call back. I still believe getting the word out to the various Union officials is one of the bet ways to reach the largest single group. And they're normally very pro-active if they deem it beneficial to their members.
Have a great weekend everybody.