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Code · BILL · 118th Congress · S. 149 (Introduced in Senate) — To amend title 5, United States Code, to address the responsibilities of fiduciaries with respect to the Thrift Savin... · Sec. 2

Sec. 2. Findings

102 words·~1 min read·/bill/118/s/149/is/section-2

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Congress finds the following: The Federal Retirement Thrift Investment Board has a fiduciary duty to manage the Thrift Savings Fund in the best interest of the beneficiaries of the Fund. The principal beneficiaries of the Thrift Savings Fund are the civil servants of the United States, and members of the uniformed services, who are tasked with defending the national security of the United States. The duty of the Federal Retirement Thrift Investment Board to manage the Thrift Savings Fund in the best interests of the beneficiaries of the Fund includes a duty not to harm the national security of the United States.
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