5 U.S.C. § 8438
Investment of Thrift Savings Fund
United States · Title 5 — GOVERNMENT ORGANIZATION AND EMPLOYEES · Status: effective
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- Citation
- 5 U.S.C. § 8438, Investment of Thrift Savings Fund, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/427499
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Full text
For the purposes of this section—
the term “qualified professional asset manager” means—
a bank, as defined in section 202(a)(2) of the Investment Advisers Act of 1940 (15 U.S.C. 80b–2(a)(2)) which—
a savings and loan association, the accounts of which are insured by the Federal Deposit Insurance Corporation, which—
an insurance company which—
an investment adviser registered under section 203 of the Investment Advisers Act of 1940 (15 U.S.C. 80b–3) if the investment adviser has, on the last day of its latest fiscal year ending before the date of a determination for the purpose of this subparagraph, total client assets under its management and control in excess of $50,000,000, and—
payment of all of the investment adviser’s liabilities, including any liabilities which may arise by reason of a breach or violation of a duty described in section 8477 of this title, is unconditionally guaranteed by—
The Board shall establish—
a Fixed Income Investment Fund under which sums in the Thrift Savings Fund are invested in—
On the first business day after the expiration of any debt issuance suspension period, the Secretary of the Treasury shall pay to the Government Securities Investment Fund, from amounts in the general fund of the Treasury of the United States not otherwise appropriated, an amount equal to the excess of the net amount of interest that would have been earned by the Government Securities Investment Fund from obligations of the United States during such debt issuance suspension period if—
For purposes of this subsection and subsection (h) of this section—
Legislative history
The public laws that enacted or amended this section. Tallies are for the whole bill as it passed each chamber — often an omnibus covering far more than this provision — not a vote on this section alone.
- Federal Employees' Retirement System Act of 1986House: no recorded tallySenate: no recorded tally
- Thrift Savings Fund Investment Act of 1987House: no recorded tallySenate: no recorded tally
- A bill to amend section 307 of the Federal Employees' Retirement System Act of 1986.House: no recorded tallySenate: no recorded tally
- Thrift Savings Plan Technical Amendments Act of 1990House: no recorded tallySenate: no recorded tally
- Technical and Miscellaneous Civil Service Amendments Act of 1992House: no recorded tallySenate: no recorded tally
- Omnibus Consolidated Appropriations Act, 1997
- General Accounting Office Act of 1996House: no recorded tallySenate: no recorded tally
- To protect the public health by providing the Food and Drug Administration with certain authority to regulate tobacco products, to amend title 5, United States Code, to make certain modifications in the Thrift Savings Plan, the Civil Service Retirement System, and the Federal Employees' Retirement System, and for other purposes.
- Smart Savings ActHouse: no recorded tallySenate: no recorded tally
- National Defense Authorization Act for Fiscal Year 2016House: 370–58Senate: no recorded tally