TSP Share Error - Possible Delay In AutoTracker Update Tonight

[tsptalk]

The TSP posted Wednesday's share prices and I'm 99% sure there is an error with the price of the G-fund.

Both Tuesday and Wednesday's G-fund price is posted as 14.5128. I called the TSP and told them that was not possible and of course the customer service person didn't know so she contacted the IT department. They told her that there was no reason it could not be the same and it could be that the change is smaller than the 4 decimal places.

So apparently, for the first time since they moved to 4 decimal places back in July 2008, the G-fund was flat or did not change enough to show 4 decimals out.

It's sad... instead of listening to me and checking it, they throw me BS. Maybe they will look into it now.

Anyway, I am going to hold off updating the autotracker for a while in case they fix it.

[JTH]

Looking at September's rate, is this a significant drop?


Interest Rate: The current rate for new loans is 2.125%, which is the current G Fund interest rate.

-0.250%

Quarter point drop....look out Lily Pad!:sick:

[tsptalk]

Not enough.

[ckb21401]

I think the error is in the price for 9/2. The price for 8/29 actually includes the increases due thru 8/31. Thus 9/2 should have 2 days of increases but I think it has 3.

[tsptalk]

Interesting observation. The Aug 29 and Sep 2 increases contain 5 days of gains, which is actually correct (8/29, 8/30, 8/31, 9/01, 9/02), but for some reason they gave Friday 8/29 three days worth of gains - normally that's done after the weekend.

So I still think they missed the gain on Wednesday.

[ckb21401]

I think now that they used 2.375% to calculate 14.5128 on 9/2 when they should have used 2.125%. Not sure why they didn't correct today. I think the price today should be 14.5134 but there is not an easy way to get that from the 9/2 price.

[jpcavin]

I would have never noticed...[emoji15]

[tsptalk]

I think now that they used 2.375% to calculate 14.5128 on 9/2 when they should have used 2.125%. Not sure why they didn't correct today. I think the price today should be 14.5134 but there is not an easy way to get that from the 9/2 price.
I just hope, if they don't fix it within the next hour or two, that they keep it as is and adjust it with Thursday's price (leave Wed. alone). Of course that would mean all of the accounts with the G-fund, particularly those that made an IFT with the G-fund included (either bought or sold) will be slightly off - not only on the autotracker, but possibly in real account balances if they don't rerun their processing.

I don't know what TSP's total balance is right now, but let's say there is $50B in the G fund. That would be a $3 million mistake.

[nnuut]

Yep 30137

[tsptalk]

I don't know what TSP's total balance is right now, but let's say there is $50B in the G fund. That would be a $3 million mistake.
Wow. I just checked and as of Dec. 31, 213, there was $172.7 billion in the G-fund. So if my math is correct, it could be a $10,360,000 mistake if they don't fix it.

172,700,000,000 x 0.006%

[Sensei]

Looks like the AT has been updated. The survey is gone though.