Survey: Most TSP Participants do Not Have Outside Savings

Snippet of Article: "The survey was of TSP participants, both employed and retired, and had a relatively anemic 13% overall response rate. What was interesting was that, among the TSP participants who were still employed, the participation rate climbed the closer the respondents were to retirement. It ranged from 6% for those under 35 to 20% for those 50 and older. I guess that the closer we are to retirement, the more it is on our mind.

Key findings of the survey are:

· Over half of survey participants (54%) are ..."

Source: www.fedweek.com

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Pentagon sees big savings in replacing contractors with federal employees

Article Title: Pentagon sees big savings in replacing contractors with federal employees
Snippet of Article: "...The Defense Department estimates it will save an average of $44,000 a year for every contractor it replaces with full-time federal personnel to perform critical defense jobs..."

Source: www.washingtonpost.com

[tag]Federal,Government,Military,Retiree, [/tag]