[United States Government Manual]
[June 15, 2003]
[Page 422]
[From the U.S. Government Publishing Office, www.gpo.gov]


[[Page 422]]





FEDERAL RETIREMENT THRIFT INVESTMENT BOARD

1250 H Street NW., Washington, DC 20005

Phone, 202-942-1600. Fax, 202-942-1676. Internet, www.tsp.gov.
Chairman                                          Andrew M. Saul
Members                                           Thomas A. Fink, Scott 
                                                          B. Lukins, 
                                                          Alejandro M. 
                                                          Sanchez, 
                                                          Gordon J. 
                                                          Whiting
Officials:                                          

Executive Director                                (vacancy)
General Counsel                                   Elizabeth S. Woodruff
Director of Accounting                            David L. Black
Director of Administration                        (vacancy)
Director of Automated Systems                     Lawrence E. Stiffler
Director of Benefits and Investments              James B. Petrick
Director of Communications                        Veda R. Charrow
Director of External Affairs                      Thomas J. Trabucco

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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. 8351 and 8401-79). 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 and members of the 
Uniformed Services may also take advantage of the Plan to supplement 
their annuities.
    The Board operates the Thrift Savings Planand 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. Internet, www.tsp.gov.