Changes coming to TSP’s Lifecyle Funds
The Thrift Savings Plan board will also be rolling over the current L 2025 Fund into its broader Income Fund.
- Participants in the Thrift Savings Plan will soon see a few changes to the TSP’s Lifecycle Funds. Starting June 30th, the Federal Retirement Thrift Investment Board will add an L 2075 Fund. That’s meant for any current or future federal employees who plan to retire during or after the year 2073. The TSP board will also be rolling over the current L 2025 Fund into its broader L Income Fund.
- Federal employees at the Justice Department have a new place to turn for free legal support. Current and former DOJ employees can now seek help from an organization called Justice Connection, which is offering pro bono legal representation to those who have been impacted by the Trump administration. Justice Connection’s new network comes in response to what it said is a shortage of legal help specializing in federal employment law. Many of the cases with the organization are for federal employees who are looking to file with the Merit Systems Protection Board. Justice Connection said the attorneys in its network have all completed extensive and specialized training to help DOJ employees who need legal support.
- More than half of military families say the conditions of their housing negatively affect their quality of life, citing impacts to physical and mental health, sleep and daily routines. Nearly half of respondents paid out of pocket for repairs to their military housing units. That is according to the survey conducted by the Military Housing Coalition, which polled over 1,000 active duty service members, DoD civilians, veterans and military spouses about their experiences living in privatized military housing. The most reported issues among military families include mold, pest infestation, and heating and air conditioning failures. The survey also found that the majority of respondents are not familiar with their housing rights and the existing housing feedback systems.
- The Education Department is asking recently fired employees whether they’re still available to return. The department’s chief human capital officer sent an email to terminated employees asking them to share if they’ve accepted another job or received any job offers since receiving a reduction-in-force notice from the department in March. The notice comes after a federal judge last month ordered the department to reinstate nearly 1,400 recently fired employees. The department has lost about half its workforce under the Trump administration. President Donald Trump signed an executive order to dismantle all parts of the agency not required by law. The administration can’t eliminate the agency without action from Congress.
- The Trump administration wants to cut the Cybersecurity and Infrastructure Security Agency by nearly $500 million. The fiscal 2026 budget request would make significant cuts across all of CISA’s operating divisions. House Appropriators, however, had signaled they were skeptical of a cut that deep. Their fiscal 2026 spending bill for the Department of Homeland Security would cut CISA by just $134 million. It’s still early in the 2026 spending debate, but it appears even House Republicans are unlikely to roll back CISA as far as the Trump administration has proposed.
- The Defense Department wants service members to consider job opportunities at the agencies in charge of immigration enforcement. In a new memo, Defense Secretary Pete Hegseth directed the military services to “prioritize and broadly advertise” opportunities with Customs and Border Protection and Immigration and Customs Enforcement to transitioning service members as part of the Defense Department’s SkillBridge program. The program allows active-duty service members to gain civilian work experience during the final six months of their service. The secretary instructed the military departments to approve requests for SkillBridge participation with CBP and ICE to the “maximum extent possible.”
- The IRS keeps shuffling through acting commissioners but now it’s getting some permanent leadership. The Senate confirmed former Rep. Billy Long (R-Mo.) to lead the tax agency. During his time in Congress, Long sponsored legislation to get rid of the IRS. Long told senators during his confirmation hearing that IRS IT systems are dangerously outdated and that he would make it a priority to update them. The IRS has lost thousands of employees so far under the Trump administration. The IRS said in next year’s budget request that it needs to hire 11,000 call center representatives or it would be unable to answer most taxpayer phone calls.
- A hearing is scheduled this afternoon to help iron out the details of a court order that would block members of the Department of Government Efficiency from accessing federal employee records at the Office of Personnel Management. A federal judge in New York ruled earlier this week that OPM violated the law and its own cybersecurity practices when it gave DOGE broad access to its systems earlier this year. Attorneys for federal unions and the government have competing proposals on how restrictive an order blocking that access should be.
- The Defense Department needs to improve the way it tracks the performance of its biggest IT projects. That’s according to a new Government Accountability Office assessment. GAO looked at the 19 largest business IT programs that have operational investments, and found at least five of them aren’t tracking and reporting the performance metrics that are required by law. Among the other findings, only 11 large programs are using modern agile development methodologies and two of the programs don’t have an approved cybersecurity strategy.
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