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 <publisher>U.S. Government Printing Office</publisher>
 <dateIssued encoding="w3cdtf">2005-01-18</dateIssued>
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 <extent>35 p.</extent>
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<classification authority="sudocs">GA 1.13:GAO-05-38</classification>
<identifier type="uri">https://www.govinfo.gov/app/details/GAOREPORTS-GAO-05-38</identifier>
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 <docClass>REPORT</docClass>
 <accessId>GAOREPORTS-GAO-05-38</accessId>
 <reportNumber>GAO-05-38</reportNumber>
 <subject>Federal employees</subject>
 <subject>Retirement benefits</subject>
 <subject>Retirement pensions</subject>
 <subject>Customer service</subject>
 <subject>Private sector</subject>
 <subject>Private sector practices</subject>
 <subject>Comparative analysis</subject>
 <subject>Quality assurance</subject>
 <subject>Federal Thrift Savings Plan</subject>
 <type>Other Written Product</type>
 <accountNo>A15756</accountNo>
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                      <section number="8474"></section>
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                      <section number="8432"></section>
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                      <section number="8350"></section>
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<titleInfo>
 <title>Federal Thrift Savings Plan: Customer Service Practices Adopted by Private Sector Plan Managers Should Be Considered</title>
</titleInfo>
<abstract>Intended to resemble private sector 401(k) pension plans, the
federal government&apos;s Thrift Savings Plan (TSP) held more than	 
$128 billion in retirement assets for over 3 million participants
at the end of 2003. Customer service-related difficulties during 
the Federal Retirement Thrift Investment Board&apos;s (TSP&apos;s governing
body) record-keeping system conversion in 2003 led the Chairman  
of a Senate Committee to ask GAO to examine the customer service 
provided to TSP participants. This review describes (1) customer 
service provisions within TSP and those offered by private sector
managers and (2) customer service practices used by private	 
sector plan managers that could be considered for use in TSP.</abstract>
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<identifier type="preferred citation">GAO-05-38</identifier>
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<subject>
 <topic>Federal employees</topic>
 <topic>Retirement benefits</topic>
 <topic>Retirement pensions</topic>
 <topic>Customer service</topic>
 <topic>Private sector</topic>
 <topic>Private sector practices</topic>
 <topic>Comparative analysis</topic>
 <topic>Quality assurance</topic>
 <topic>Federal Thrift Savings Plan</topic>
</subject>
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 <titleInfo>
  <title>United States Code</title>
  <partNumber>Title 5 Section 8350</partNumber>
  <partNumber>Title 5 Section 8432(b)</partNumber>
  <partNumber>Title 5 Section 8473</partNumber>
</titleInfo>
 <identifier type="USC citation">5 U.S.C. 8350</identifier>
 <identifier type="USC citation">5 U.S.C. 8432(b)</identifier>
 <identifier type="USC citation">5 U.S.C. 8473</identifier>
</relatedItem>
<relatedItem type="isReferencedBy">
 <titleInfo>
  <title>United States Code</title>
  <partNumber>Title 26 Section 401(k)</partNumber>
</titleInfo>
 <identifier type="USC citation">26 U.S.C. 401(k)</identifier>
</relatedItem>
<relatedItem type="isReferencedBy">
 <titleInfo>
  <title>United States Code</title>
  <partNumber>Title 145 Section 8474</partNumber>
</titleInfo>
 <identifier type="USC citation">145 U.S.C. 8474</identifier>
</relatedItem>
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 <titleInfo>
  <title>United States Code</title>
  <partNumber>Title 165 Section 8432</partNumber>
</titleInfo>
 <identifier type="USC citation">165 U.S.C. 8432</identifier>
</relatedItem>
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 <titleInfo>
  <title>United States Code</title>
  <partNumber>Title 245 Section 8350</partNumber>
</titleInfo>
 <identifier type="USC citation">245 U.S.C. 8350</identifier>
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