TSP: Current Info, PR-2002 Intro; 2008 Sep 18

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Press Releases for 2002

	Washington, D.C. (November 18, 2002) – Roger W. Mehle, Executive Director of the Federal Retirement Thrift Investment Board, today announced his resignation from the Board. Mr. Mehle further announced that the Board’s five members agreed with his recommendation to appoint James B. Petrick, Director of the Board’s Office of Benefits and Investments, as the new Executive Director. For more information about this announcement, read the November 18, 2002, press release.
	Washington, D.C. (October 11, 2002) – The Federal Retirement Thrift Investment Board today announced that its newly developed record keeping system for the Thrift Savings Plan (TSP) will not be implemented in November 2002 as targeted, and that a new implementation date has not yet been set. For more information about this announcement, read the October 11, 2002, press release.
	Washington, D.C. (August 20, 2002) – The Federal Retirement Thrift Investment Board today announced a change in schedule; the Board aims for transition in November to the new record keeping system. For more information about this announcement, read the August 20, 2002, press release.
	Washington, D.C. (May 17, 2002) – The Federal Retirement Thrift Investment Board today announced that the long-awaited new record keeping system for the Thrift Savings Plan (TSP) will be implemented in September 2002. For more information about this announcement, read the May 17, 2002, press release.
	March 28, 2002 – Absent legislation by Congress to raise the Federal debt limit, the Secretary of the Treasury may determine that portions of the monies in the Government Securities Investment (G) Fund cannot be reinvested in Treasury securities because to do so would exceed the present Federal debt limit. However, G Fund investors are protected by a statutory make-whole provision requiring that the interest which would have accrued had the G Fund been fully invested be credited to the G Fund. For additional information, click here.
	The Federal Retirement Thrift Investment Board charges Bush Administration with attempting to halt appeal in Federal Court. For more information, about this announcement, read the January 30, 2002, press release.