Federal Daily - May 2, 2008
TSP Monthly Returns for April 2008
Rates of Return were updated on May 1, 2008.
| |
G Fund |
F Fund |
C Fund |
S Fund |
I Fund |
| April 2008 |
0.24% |
(0.16%) |
4.94% |
5.30% |
5.55% |
Last 12 months*
(05/01/2007 to 04/30/2008) |
1.14% |
2.10% |
(5.01%) |
(4.70%) |
(3.92%) |
Percentages in ( ) are negative.
* The returns for the G, F, C, S and I funs for the past 12 months, assuming that, with the exception
for the crediting of earnings, unchanging balances (time-weighting) from month to month and assuming
that earnings are compounded on a monthly basis.
The monthly G, F, C, S, and I Fund returns represent the actual total rates of return used in the
monthly allocation of earnings to participant accounts. The returns are shown after deduction of accrued
TSP administrative expenses. The F, C, S, and I Fund returns also reflect the deduction of trading
costs and accrued investment management fees. The most current G, F, C, S, and I Fund rates of return
are shown above. Returns are updated after the monthly allocation of earnings, usually by the fourth
business day of the month.
| |
L Income |
L 2010 |
L 2020 |
L 2030 |
L 2040 |
| April 2008 |
1.20% |
1.93% |
3.23% |
3.74% |
4.26% |
| Last 12 Months |
3.21% |
2.13% |
0.06% |
(0.94%) |
(1.78%) |
Percentages in ( ) are negative.
:: Back to Top ::
Bill Would Extend Dependent Medical Insurance
Lawmakers in a House subcommittee approved legislation this week that would raise the age limit on
medical insurance for federal employees’ adult children to 25 years of age. Currently the Federal
Employees Health Benefits Program covers unmarried adult children of plan members only up to 22 years
of age. In practice members already can pay extra for an additional 36 months above the age cap to
keep children up to 25 years old covered under Temporary Continuing Coverage (TCC). The new bill, if
passed, would permit those dependent children who are turning 23 to have three additional years of
coverage at less consumer cost than TCC after their FEHBP coverage expires. To see more, go to: http://federalworkforce.oversight.house.gov/story.asp?ID=1903:
:: Back to Top ::
Group Bolsters Effort to Lure Students into Fed Work Force
The Partnership for Public Service (PPS) on April 28 announced a new $3 million initiative that will
expand its “Making the Difference” program that steers young college students to federal
jobs. PPS will launch two new efforts—it will open a Federal Internship Center, where students
will be matched and placed in internships; and it will create a “Student Corps” of on-campus
recruiters. The Corps will be made up of students who complete federal internships and then return
to their campuses as paid “ambassadors” of federal service. The group said there is a
substantial need to feed the federal work force pipeline, and pointed to new PPS research that shows
the government must fill 193,000 mission-critical jobs in the next two years alone. To help in that
effort, PPS also will launch a pilot project to help agencies improve recruitment, hiring and retention.
To see more, go to: www.ourpublicservice.org/OPS/pressroom/release_080428_RobertsonGrant.shtml or www.makingthedifference.org/documents/Federal_Service_
Student_Ambassadors_APPLICATION.pdf.
:: Back to Top ::
|
