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Upping the Emphasis On Investment Strategies
[FINAL Edition]
The Washington Post - Washington, D.C.
Subjects: Retirement planning; Federal employees; Investment policy
Author: Barr, Stephen
Date: Nov 16, 2003
Start Page: C.02
Section: METRO

Although comparisons with the private sector are difficult to make, [Gary A. Amelio] believes that TSP participants are saving at rates comparable to or better than their industry counterparts. Overall, the TSP has more than 3.2 million participants and more than $118 billion in assets. That makes the TSP the largest defined- contribution plan in the world, Amelio said.

The TSP operates with three stock index funds, a bond index fund and a government securities fund that is unique to the TSP and has provided a steady rate of return. TSP investment choices cover almost all segments of the stock market, while charging minimal investment and administrative fees to participants.

To give TSP participants some help in "asset allocation," Amelio is studying whether to recommend the addition of other options to TSP. He recently sent out a request for information to vendors and consultants asking for proposals.

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