[United States Government Manual]
[May 30, 1997]
[Pages 558-559]
[From the U.S. Government Publishing Office, www.gpo.gov]




FEDERAL RETIREMENT THRIFT INVESTMENT BOARD

1250 H Street NW., Washington, DC 20005
Phone, 202-942-1600

Chairman                                          James H. Atkins
Members                                           Thomas A. Fink, Scott 
                                                          B. Lukins, 
                                                          Sheryl R. 
                                                          Marshall, 
                                                          Jerome A. 
                                                          Stricker
Officials:                                          

Executive Director                                Roger W. Mehle
General Counsel                                   John J. O'Meara
Deputy General Counsel                            James B. Petrick
Associate General Counsel                         Elizabeth S. Woodruff
Director of Accounting                            David L. Black
Director of Administration                        Strat D. Valakis
Director of Automated Systems                     John W. Witters
Director of Benefits and Program Analysis         Alisone M. Clarke
Director of Communications                        Veda R. Charrow
Director of External Affairs                      Thomas J. Trabucco
Director of Investments                           Peter B. Mackey

[[Page 559]]

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The Federal Retirement Thrift Investment Board administers the Thrift 
Savings Plan, which provides Federal employees the opportunity to save 
for additional retirement security.

The Federal Retirement Thrift Investment Board was established as an 
independent agency by the Federal Employees' Retirement System Act of 
1986 (5 U.S.C. 8472). The act vests responsibility for the agency in six 
named fiduciaries: the five Board members and the Executive Director. 
The five members of the Board, one of whom is designated as Chairman, 
are appointed by the President with the advice and consent of the Senate 
and serve on the Board on a part-time basis. The members appoint the 
Executive Director, who is responsible for the management of the agency 
and the Plan.

Activities

The Thrift Savings Plan is a tax-deferred, defined contribution plan 
that was established as one of the three parts of the Federal Employees' 
Retirement System. For employees covered under the System, savings 
accumulated through the Plan make an important addition to the 
retirement benefits provided by Social Security and the System's Basic 
Annuity. Civil Service Retirement System employees may also take 
advantage of the Plan to supplement their annuities.
    The Board operates the Thrift Savings Plan and manages the 
investments of the Thrift Savings Fund solely for the benefit of 
participants and their beneficiaries. As part of these responsibilities, 
the Board maintains an account for each Plan participant, makes loans, 
purchases annuity contracts, and provides for the payment of benefits.

For further information, contact the Director of External Affairs, 
Federal Retirement Thrift Investment Board, 1250 H Street NW., 
Washington, DC 20005. Phone, 202-942-1640.

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