Fiat Chrysler-UAW profit sharing increases to $2,750. FCA US reported a profit of $1.2 billion in 2014, down from $2.8 billion in 2013
Thrift Savings Plan (TSP) for FERS Employees. The Thrift Savings Plan (TSP) for FERS employees is one of the three parts of your retirement package, along with your FERS Basic Annuity and Social Security. Participating in the TSP does not affect the amount of your Social Security benefit or your FERS Basic Annuity.
Hopefully, that will turn around in the current month. Average TSP Balance is Rising. The average Thrift Savings Plan balance in March 2014 was $109,476 for federal employees in the FERS system. The average was $107,285 for those under CSRS. That is a decent increase since March 2013 when the average balance for FERS employees was $95,156 and $95,046 for CSRS employees. The total assets in the TSP new exceed $405 billion and Roth balances are now more than $1.2 billion. The participation rate for FERS employees is up to 87.1%. The participation rate for active duty military personnel is up to 41.1%.