[United States Government Manual] [June 01, 2008] [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 Gregory T. Long 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 Director of Research and Strategic Planning Renee Wilder ------------------------------------------------------------------------ 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. [[Page 424]] 8351 and 8401-79). The act vests responsibility for the agency in six named fiduciaries: the five Board members and the Executive Director. 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. ------------------------------------------------------------------------