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Greg T. Long Executive Director Federal Retirement Thrift Investment Board The Federal Workforce – Challenges and Opportunities

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Page 1: The Federal Workforce Challenges and Opportunities › resource-center › financial... · The Federal Workforce – Challenges and Opportunities . 2 Annual FERS Participation Rates

Greg T. Long Executive Director

Federal Retirement Thrift Investment Board

The Federal Workforce – Challenges and Opportunities

Page 2: The Federal Workforce Challenges and Opportunities › resource-center › financial... · The Federal Workforce – Challenges and Opportunities . 2 Annual FERS Participation Rates

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Annual FERS Participation Rates by Age

Age 2009 2010 2011 2012 2013

<= 29 78.0% 83.9% 89.1% 91.7% 93.3%

30-39 83.3% 85.7% 88.2% 89.5% 90.5%

40-49 84.9% 86.1% 87.1% 87.6% 88.0%

50-59 87.1% 88.0% 88.5% 88.7% 88.9%

60-69 88.4% 89.0% 89.1% 89.1% 89.1%

70+ 86.6% 87.1% 87.3% 87.5% 87.8%

Page 3: The Federal Workforce Challenges and Opportunities › resource-center › financial... · The Federal Workforce – Challenges and Opportunities . 2 Annual FERS Participation Rates

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Current FERS Deferral Rates by Age

0

2

4

6

8

10

12

<= 29 30-39 40-49 50-59 60-69 70+

2013

Age

Defe

rral R

ate

Page 4: The Federal Workforce Challenges and Opportunities › resource-center › financial... · The Federal Workforce – Challenges and Opportunities . 2 Annual FERS Participation Rates

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100% Invested in the G Fund

Age

< 29 yrs 59.7%

30-39 44.5%

40-49 35.2%

50-59 34.7%

60-69 39.4%

70+ 44.8%

Tenure

< 2 yrs 76.4%

2-5 55.9%

6-10 43.2%

11-20 27.2%

>21 22.5%

Page 5: The Federal Workforce Challenges and Opportunities › resource-center › financial... · The Federal Workforce – Challenges and Opportunities . 2 Annual FERS Participation Rates

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Take FIVE for Your Future

Page 6: The Federal Workforce Challenges and Opportunities › resource-center › financial... · The Federal Workforce – Challenges and Opportunities . 2 Annual FERS Participation Rates

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Take FIVE for Your Future

tsp.gov/takeFIVE

Page 7: The Federal Workforce Challenges and Opportunities › resource-center › financial... · The Federal Workforce – Challenges and Opportunities . 2 Annual FERS Participation Rates

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Take FIVE for Your Future

Page 8: The Federal Workforce Challenges and Opportunities › resource-center › financial... · The Federal Workforce – Challenges and Opportunities . 2 Annual FERS Participation Rates

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Take FIVE for Your Future

Page 9: The Federal Workforce Challenges and Opportunities › resource-center › financial... · The Federal Workforce – Challenges and Opportunities . 2 Annual FERS Participation Rates

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G Fund Leaflet

Page 10: The Federal Workforce Challenges and Opportunities › resource-center › financial... · The Federal Workforce – Challenges and Opportunities . 2 Annual FERS Participation Rates

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Fall Poster

Page 11: The Federal Workforce Challenges and Opportunities › resource-center › financial... · The Federal Workforce – Challenges and Opportunities . 2 Annual FERS Participation Rates

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Questions