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

The Executive Director^* may require employing agencies to contribute an amount not to exceed 1 percent of the amount such agencies are required to contribute in accordance with section 8432(c) of this title to the Thrift Savings Fund^*.

The sums credited to the Thrift Savings Fund^* under paragraph (1) shall be available and may be used at the discretion of the Executive Director^* to purchase insurance to cover potential liability of persons who serve in a fiduciary capacity with respect to the Thrift Savings Fund, without regard to whether a policy of insurance permits recourse by the insurer against the fiduciary in the case of a breach of a fiduciary obligation.