    [United States Government Manual]
    [June 01, 2007]
    [Pages 423-424]
    [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. Fax, 202-942-1676. Internet, www.tsp.gov.
    Chairman                                          Andrew M. Saul
    Members                                           Terrence A. Duffy,
                                                              Thomas A.
                                                              Fink,
                                                              Alejandro M.
                                                              Sanchez,
                                                              Gordon J.
                                                              Whiting
    Officials:

    Executive Director                                (vacancy)
    Chief Investment Officer                          Tracey A. Ray
    Participant Services Director                     Pamela-Jeanne Moran
    Director of External Affairs                      Thomas J. Trabucco
    General Counsel                                   Thomas K. Emswiler
    Chief Information Officer                         Mark A. Hagerty
    Chief Financial Officer                           James B. Petrick
    Product Development Director                      Gregory T. Long

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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.

    [[Page 424]]

    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 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. Internet, www.tsp.gov.

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