FederalDaily - October 3, 2007
Union, Coalition Groups Launch Ads Opposing Farm Bill Provision
The American Federation of Government Employees (AFGE), the union representing federal meat and poultry
inspectors, on Oct. 1 announced the launch of a national ad campaign urging Congress to drop provisions
in the 2007 Farm Bill (H.R. 2419) that it said would eliminate federal meat inspections. Instead, the
bill would let meat and poultry processors opt for less stringent state guidelines, AFGE said in a
statement. Joining AFGE in opposing the provisions are the Safe Food Coalition, Safe Tables Our Priority
(S.T.O.P.) and the United Food and Commercial Workers union The provisions, added in the House in late
July, seriously endanger food safety throughout the country, AFGE said. “The United States government
is telling other countries, like China, to implement safety standards and procedures in order to protect
American consumers, while at the same time promoting a policy that lets our own domestic meat processors
forgo tough safety standards,” said Stan Painter, president of AFGE’s National Joint Council
of Meat and Poultry Inspection Locals. “It doesn’t make sense.” To see more, go to: www.afge.org
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GSA Awards FedBizOpps Contract
The General Services Administration (GSA) announced on Oct. 1 that it had hired Symplicity Corp.—an
Arlington, Va., small, disadvantaged, minority-owned business—to develop a new system for GSA’s
Federal Business Opportunities (FedBizOpps) Web site, www.fbo.gov. The site, created and operated by
GSA since 2000, contains all federal solicitation information. More than 28,000 buyers in 114 federal
agencies and more than 481,000 registered vendors publish and retrieve federal solicitation information
on fbo.gov. The eight-year Symplicity contract has an estimated value of $17 million, GSA said in a
statement. “Award of the FedBizOpps contract is a significant milestone,” said Teresa
Sorrenti, GSA’s director of acquisition systems. “It will further our mission to provide
common, shared services to our customers and their suppliers in the federal acquisition community.” To
see more, go to: www.gsa.gov
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TSP Monthly Returns for September 2007
Rates of Return were updated on October 1, 2007.
| |
G Fund |
F Fund |
C Fund |
S Fund |
I Fund |
| September 2007 |
0.41% |
0.78% |
3.76% |
2.97% |
5.36% |
Last 12 months*
(10/01/2006 to 09/30/2007) |
4.93% |
5.27% |
16.53% |
18.79% |
24.96% |
Percentages in ( ) are negative.
* The returns for the G, F, C, S and I funs for the past 12 months, assuming that,
with the exception for the crediting of earnings, unchanging balances (time-weighting)
from month to month and assuming that earnings are compounded on a monthly basis.
The monthly G, F, C, S, and I Fund returns represent the actual total rates of return used in the
monthly allocation of earnings to participant accounts. The returns are shown after deduction of accrued
TSP administrative expenses. The F, C, S, and I Fund returns also reflect the deduction of trading
costs and accrued investment management fees. The most current G, F, C, S, and I Fund rates of return
are shown above. Returns are updated after the monthly allocation of earnings, usually by the fourth
business day of the month.
| |
L Income |
L 2010 |
L 2020 |
L 2030 |
L 2040 |
| September 2007 |
1.13% |
1.78% |
2.68% |
3.09% |
3.45% |
| Last 12 Months |
7.71% |
10.82% |
14.02% |
15.63% |
17.14% |
For more on TSP, click here.
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