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GAO Report: Many Responsibilities and Investment Policies Set by Congress for the Federal Retirement Thrift Investment Board
U.S. Government Accountability Office [GAO]
July 24, 2007
32 pages. "In light of questions about TSP oversight, we examined [1] the current structure for overseeing FRTIB, [2] how the statutorily defined fiduciary responsibilities of FRTIB compare to the responsibilities of private plan sponsors and how FRTIB fulfills its responsibilities, [3] how FRTIB's investment policies differ from those of private plan sponsors, and [4] FRTIB's statutory responsibilities to educate plan participants about TSP and other retirement issues and how these responsibilities compare with those of private and state and local government employee plan sponsors." [GAO-07-611, published Jun. 21, 2007, released Jul. 23, 2007]
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