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Thread: TSP Suspension of Transactions?

  1. #13

    Join Date
    Apr 2008
    Location
    Cleveland, Ohio
    Posts
    11,268

    Default Re: TSP Suspension of Transactions?

    Quote Originally Posted by ravensfan View Post
    We have to remember; this is a government program that was awarded to the lowest bidder...I wouldn't be surprised if there are so many bugs in the system, they will have to issue a fix before the end of June...just thoughts from an old system administrator.
    That has some truth to it, but not all Government contracts go to the lowest bidder.
    May the force be with us.

  2.  
  3. #14

    Default Re: TSP Suspension of Transactions?

    Just to piggyback, I agree. Purposely vague. you can test he crap out of it, but until you get a large # of users banging away at it in the production environment, you can't be 100%. Our in-house developed accounting system was replaced by a "COTS" package from CGI. Upgrades and patches routinely are never up and running smoothly. Constant time lag delays with the reporting data store and emails apologizing for blank screens and other issues.

    Now that said, I'm certainly rooting for them to be back up and running Tuesday or Wednesday. sometimes you don't want to promise a time, but you really feel like it will be on or ahead of schedule...



    Quote Originally Posted by ravensfan View Post
    We have to remember; this is a government program that was awarded to the lowest bidder...I wouldn't be surprised if there are so many bugs in the system, they will have to issue a fix before the end of June...just thoughts from an old system administrator.

  4.  
  5. #15

    Default Re: TSP Suspension of Transactions?

    It's a little early to say (about 45 minutes after the normal posting), but it looks like they may not even update the share prices during the shutdown?
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor. Please do your own due diligence.

  6.  
  7. #16

    Join Date
    Apr 2008
    Location
    Cleveland, Ohio
    Posts
    11,268

    Default Re: TSP Suspension of Transactions?

    Quote Originally Posted by tsptalk View Post
    It's a little early to say (about 45 minutes after the normal posting), but it looks like they may not even update the share prices during the shutdown?
    If that is the case, we won't even see updates next week. Great!!!
    May the force be with us.

  8.  
  9. #17

    Default Re: TSP Suspension of Transactions?

    Latest from TSP when you try to access your account.

    "Be sure to check back here to see when the new My Account is available. When available, all TSP participants will need to set up a new login for the new My Account. This one-time setup process will give you step-by-step prompts to make it simple for you to verify your identity, create a username and password, update your contact information, and set up your account security. Once you log in to My Account, you’ll notice a fresh design, new tools, and enhanced features to help you manage your account."

    https://www.tsp.gov/my-account-temporarily-unavailable/
    Notice that it says "check back here to see when the new My Account is available", which means they don't have a specific date yet.
    Tom
    Market Commentary | My Blog | TSP Talk Plus | |

    I am not a Registered Investment Advisor. Please do your own due diligence.

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