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Federal Thrift Savings Plan Topples CalPERS As Nation's Largest Plan
Pensions & Investments
Feb. 4, 2009 Excerpt: Federal Thrift Savings Plan, Washington, bypassed the California Public Employees' Retirement System, Sacramento, as the nation's largest retirement plan in terms of asset size. The Federal Thrift, a defined contribution plan, had $197.3 billion in assets as of Jan. 31, according to Tom Trabucco, a spokesman for the Federal Retirement Thrift Investment Board, which oversees the plan. CalPERS' assets were valued at $173.9 billion as of Monday, according to CalPERS' website. MORE >> |
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