Who administers the TSP?
The Federal Retirement Thrift Investment Board administers the TSP. Your service and payroll offices (e.g., the Defense Finance and Accounting Service) also play an important role in enrolling you in the TSP, establishing your account, and transmitting your personal information (e.g., name, address) and contributions to the TSP. The Board. The Federal Retirement Thrift Investment Board is an independent Government agency. The five members of the Board and the Executive Director are required by law to manage the TSP prudently and solely in the interest of participants and their beneficiaries. Money in the TSP and earnings on that money cannot be used for any purpose other than providing benefits to participants and their beneficiaries and paying TSP administrative expenses. The assets of the TSP are called the Thrift Savings Fund. The financial statements of the Thrift Savings Fund are required by law to be audited annually (The Plan year is the calendar year). You may obtain the audite
