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bill Progress


  • Not enacted
    The President has not signed this bill
  • The senate has not voted
  • The house has not voted
      house Committees
      House Committee on Oversight and Government Reform
      Federal Workforce, U.S. Postal Service, and the Census
    IntroducedMarch 10th, 2009

Bill Details

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Title

Thrift Savings Fund Improvement Act

Official Title

To amend title 5, United States Code, to provide for the establishment of a precious metals investment option in the Thrift Savings Fund.

Summary

Thrift Savings Fund Improvement Act - Establishes the Precious Metals Investment Fund as an investment option for individuals participating in the Thrift Savings Plan. Requires that contributions to such Fund be invested in physical gold, silver, or platinum bullion. Directs the Federal Retirement Thrift Investment Board to: (1) study the operation of existing precious metal funds to determine the best practices of such funds; (2) establish the Precious Metals Investment Fund incorporating the best practices of existing funds; and (3) make such Fund available to individuals participating in the Thrift Savings Plan.

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