Referred to the House Committee on Oversight and Government Reform.
Summary
The bill amends Title 5 to require the Federal Retirement Thrift Investment Board to prevent Thrift Savings Plan investments and voting from endangering national security. It shields fiduciaries from personal monetary damages for this duty, and directs the Labor Secretary, with several other agencies, to issue implementing regulations within a year. The measure affects federal employees and service members whose retirement savings are in the TSP.
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