Thrift Savings Fund Protection Bill
Official: TSP Fiduciary Security Act of 2026
This bill makes sure that the Thrift Savings Fund, which helps federal employees save for retirement, does not invest in companies that threaten U.S. national security. It sets rules for how these investments are managed to protect the interests of those who rely on the fund.
1. This bill requires the Federal Retirement Thrift Investment Board to protect national security in its investment decisions. 2. It prevents the Thrift Savings Fund from investing in companies that could harm U.S. national security. 3. The Secretary of Labor must create rules to ensure compliance with these new investment standards. 4. Fiduciaries will not face penalties for not following these rules until January 1, 2027. 5. The bill aims to safeguard the investments of federal employees and military members.
Federal employees and military members who use the Thrift Savings Fund for retirement savings.