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The Federal Retirement Thrift Investment Board announced a telephonic meeting scheduled for February 23, 2021, at 10 a.m. During the open session, they will discuss several topics, including the approval of the previous meeting's minutes, monthly and quarterly reports on participant activities, investment performance, and legislative updates. The meeting will also feature updates on multi-asset managers and a report related to the Federal Information Security Modernization Act. Some parts of the meeting will be closed to the public due to privacy considerations, and there will be a training session on records management.

The Federal Retirement Thrift Investment Board (FRTIB) has finalized a rule, without changes, that updates how they calculate the earnings and losses for court-ordered payments involving Thrift Savings Plan (TSP) participants. This rule affects payments to spouses, former spouses, children, or dependents when a court order is issued. The new methodology aligns with industry standards, calculating earnings through an internal rate of return that considers how cash flows like contributions or loans affect investment performance. This ensures that the final payout is based on both the award amount and the actual investment earnings from the relevant period.