TSP Targeted Again Over Expansion of International Fund Investments, and More

Government Executive: The federal government’s 401(k)-style retirement savings program is again in the crosshairs of some Republican lawmakers over officials’ decision to expand its international portfolio to include investments in China, Reuters reports.

In 2017, the Federal Retirement Thrift Investment Board voted to change the index upon which the Thrift Savings Plan’s international (I) fund is based on from the MSCI Europe, Australasia and Far East Index to the MSCI All Country World Ex-US Investable Market Index.

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