Collins to question TSP

The Thrift Savings Plan's procurement problems will be the subject of a Senate hearing.

Sen. Susan Collins (R-Maine), chairwoman of the Senate Governmental Affairs Committee, announced that she will investigate the TSP's contract for upgrading its computer systems and online interface for users. The effort, which cost $36 million between 1997 and 2001, did not result in a system upgrade. "That's an example of wasteful spending that should never be repeated," Collins said. The TSP's board terminated its contract with American Management Systems Inc. and hired a new contractor to build the system that was unveiled in June. During the two months of debugging the new system, the biggest problems were related to a faulty data communications link between the mainframe and the front-end communications system. But other bugs appeared, and the telephone system was swamped with as many as 100,000 calls in a single day. An estimated 2,000 to 4,000 TSP participants still have account problems related to the changeover, said Gary Amelio, executive director of the Federal Retirement Thirft Investment Board. Most of those problems will be fixed by early October, he said. He said he could not promise that they would not recur, but the system is working well fundamentally.

The Fed 100

Save the date for 28th annual Federal 100 Awards Gala.

Featured

  • Social network, census

    5 predictions for federal IT in 2017

    As the Trump team takes control, here's what the tech community can expect.

  • Rep. Gerald Connolly

    Connolly warns on workforce changes

    The ranking member of the House Oversight Committee's Government Operations panel warns that Congress will look to legislate changes to the federal workforce.

  • President Donald J. Trump delivers his inaugural address

    How will Trump lead on tech?

    The businessman turned reality star turned U.S. president clearly has mastered Twitter, but what will his administration mean for broader technology issues?

  • Login.gov moving ahead

    The bid to establish a single login for accessing government services is moving again on the last full day of the Obama presidency.

  • Shutterstock image (by Jirsak): customer care, relationship management, and leadership concept.

    Obama wraps up security clearance reforms

    In a last-minute executive order, President Obama institutes structural reforms to the security clearance process designed to create a more unified system across government agencies.

  • Shutterstock image: breached lock.

    What cyber can learn from counterterrorism

    The U.S. has to look at its experience in developing post-9/11 counterterrorism policies to inform efforts to formalize cybersecurity policies, says a senior official.

Reader comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

More from 1105 Public Sector Media Group