Amelia Gruber | January 3, 2017 | 0 Comments

Federal Employee Retirement Funds Finish 2016 Strong

All of the funds in the federal employee retirement savings plan ended 2016 in the black, with some boasting double digit growth for the year.

The Thrift Savings Plan’s S Fund, invested in small and midsize companies, gained 1.81 percent in December and was up 16.35 percent in 2016. That made it the highest earner last year.

The common stocks in the C Fund gained 1.98 percent in December. The fund came in second for the year, at 12.01 percent.

The international stocks in the I Fund boasted the highest returns for last month, at 3.44 percent. But the I Fund gained a modest 2.1 percent for 2016.

The more stable government securities (G) fund gained 0.2 percent in December and 1.82 percent for 2016. Fixed income bonds in the F Fund grew the least last month, at 0.16 percent. They were up 2.91 percent for the year, however.

The lifecycle (L) funds, which move participants to a more conservative portfolio as they near retirement, all ended December in the black as well. L Income, for people who have already started withdrawing funds, was up 0.64 percent last month. L 2020 gained 1.13 percent; L 2030, 1.59 percent; L 2040, 1.82 percent; and L 2050, 2.04 percent.

The L Funds also finished 2016 with solid gains. L Income was up 3.58 percent for the year; L 2020, 5.47 percent; L 2030, 7.07 percent; L 2040, 7.9 percent; and L 2050, 8.65 percent. 

Comments
JOIN THE DISCUSSION

Thank you for subscribing to newsletters from GovExec.com.
We think these reports might interest you:

  • Going Agile:Revolutionizing Federal Digital Services Delivery

    Here’s one indication that times have changed: Harriet Tubman is going to be the next face of the twenty dollar bill. Another sign of change? The way in which the federal government arrived at that decision.

    Download
  • Cyber Risk Report: Cybercrime Trends from 2016

    In our first half 2016 cyber trends report, SurfWatch Labs threat intelligence analysts noted one key theme – the interconnected nature of cybercrime – and the second half of the year saw organizations continuing to struggle with that reality. The number of potential cyber threats, the pool of already compromised information, and the ease of finding increasingly sophisticated cybercriminal tools continued to snowball throughout the year.

    Download
  • Featured Content from RSA Conference: Dissed by NIST

    Learn more about the latest draft of the U.S. National Institute of Standards and Technology guidance document on authentication and lifecycle management.

    Download
  • GBC Issue Brief: The Future of 9-1-1

    A Look Into the Next Generation of Emergency Services

    Download
  • GBC Survey Report: Securing the Perimeters

    A candid survey on cybersecurity in state and local governments

    Download
  • The New IP: Moving Government Agencies Toward the Network of The Future

    Federal IT managers are looking to modernize legacy network infrastructures that are taxed by growing demands from mobile devices, video, vast amounts of data, and more. This issue brief discusses the federal government network landscape, as well as market, financial force drivers for network modernization.

    Download
  • eBook: State & Local Cybersecurity

    CenturyLink is committed to helping state and local governments meet their cybersecurity challenges. Towards that end, CenturyLink commissioned a study from the Government Business Council that looked at the perceptions, attitudes and experiences of state and local leaders around the cybersecurity issue. The results were surprising in a number of ways. Learn more about their findings and the ways in which state and local governments can combat cybersecurity threats with this eBook.

    Download

When you download a report, your information may be shared with the underwriters of that document.