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5 U.S.C. § 8475 — Investment policies

submitted 40 years ago by Pub. L. 99-335 to r/title-5-GOVERNMENT-ORGANIZATION-AND-EMPLOYEES · 32 words · no verdicts yet

in plain englishAI-generated · not legal advice

The Board must set investment policies for the Thrift Savings Fund. Those policies must favor careful investments that build up retirement income. They must also keep administrative costs low.

The Board must develop investment policies under section 8472(f)(1) of this title that provide for: (1) prudent investments suitable for accumulating funds to pay retirement income; and (2) low administrative costs.

the actual law source: uscode.house.gov ↗public domain

The Board shall develop investment policies under section 8472(f)(1) of this title which provide for—

(1)

prudent investments suitable for accumulating funds for payment of retirement income; and

(2)

low administrative costs.

Source credit: (Added Pub. L. 99–335, title I, § 101(a), June 6, 1986, 100 Stat. 581.)

history & why it existsrecord from the source credit
  • 1986Enacted · Pub. L. 99-335 · 100 Stat. 581

A history note hasn’t been published yet. The record shows enactment by Pub. L. 99-335 on 1986-06-06.

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