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Thread: Open Letter to Thrift Investment Board

  1. #1

    Join Date
    Jul 2016
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    Default Open Letter to Thrift Investment Board



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  3. #2

    Join Date
    Dec 2009
    Location
    Oregon
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    3,651

    Default Re: Open Letter to Thrift Investment Board

    Quote Originally Posted by evilanne View Post
    Thank you, thank you, thank you. IO am sending a copy of this in a letter to my Senators and Congresswoman, I have been wanting to contact them about these issues but I keep finding the work of cataloguing all of the problems daunting./ This does it for me.

    I would suggest that everyone who cares about this do the same. A cover letter should take only about 10 minutes or so as opposed to many hours to doi what this open letter does so well.

    I will try to remember this thread to report back on anything -- if anything -- I hear back.

    Thanks again for posting this evilanne.

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  5. #3

    Join Date
    Mar 2013
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    886
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    Default Re: Open Letter to Thrift Investment Board

    Two of my favorite quotes from the letter:

    " It’s amazing that the cost of an F-35B aircraft is not a secret, but the cost of the FRTIB’s AFS contract is a secret? What are you ashamed of? It’s not like it’s a trade secret and you have competitors that will profit from this knowledge. Tell all of us how much the FRTIB spent on this failure."

    "The entire website is unintuitive and riddled with inconsistencies. It truly looks like a high-school class project. The "old" website was concise, intuitive and data rich."
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    Disclaimer: This is not advice or a recommendation.

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  7. #4

    Default Re: Open Letter to Thrift Investment Board

    Quote Originally Posted by evilanne View Post
    ​This is great. Thanks for posting this !!!
    I'm not much to bitch about stuff, but I really, really miss the AMERICA that I grew up in.

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  9. #5

    Default Re: Open Letter to Thrift Investment Board

    This letter is incredibly thorough and detailed. Complete breakdown of the loss of historical data and the unbelievable problems with the new site and having to redo the beneficiary, which of course, should never have been needed.

    I didn't realize the costs of the funds had gone up so dramatically. I'm sure others have posted about this as one of the reasons they moved out of the TSP.

    Big thanks evilanne

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  11. #6

    Join Date
    Dec 2007
    Location
    inland Northwest
    Posts
    4,124

    Default Re: Open Letter to Thrift Investment Board

    I can see I need to come back to visit more often! wow. I have yet to withdraw from my tsp, but the time comes very soon, assuming I don't run into difficulties along the way. I'm going to send this letter to reps also, with a cover letter. I will hold off til I find out how successful I am at pulling funds in a timely manner.
    "life can only be understood backwards, but it must be lived forwards" - soren kierkegaard

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  13. #7

    Join Date
    Dec 2007
    Location
    inland Northwest
    Posts
    4,124

    Default Re: Open Letter to Thrift Investment Board

    well, i ran into problems with website, even trying to put my banking information in so i could make withdrawal request. ran into inactive screen for data input. had to call direct to get my bank deposit information entered. first withdrawal attempt coming up next week.
    "life can only be understood backwards, but it must be lived forwards" - soren kierkegaard

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