5 U.S.C. § 8479 — Exculpatory provisions; insurance

(a) Any provision in an agreement or instrument that purports to relieve a fiduciary from responsibility or liability for any duty under this subchapter is void.

(b)(1) The Executive Director^* may require employing agencies to contribute an amount up to 1 percent of what those agencies must already contribute under section 8432(c) of this title to the Thrift Savings Fund^*.
(2) Money credited to the Fund^* under (1) is available and may be used, at the Executive Director's discretion, to buy insurance covering the potential liability of people serving in a fiduciary capacity regarding the Thrift Savings Fund — regardless of whether the insurance policy allows the insurer to seek recourse against the fiduciary in the case of a breach of a fiduciary duty.