[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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