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Federal Retirement Funds Oversight: New Inspector General Established

This act establishes an independent Inspector General for the Federal Retirement Thrift Investment Board. This aims to enhance transparency and security of federal employees' retirement savings, ensuring better protection of their funds.
Key points
Creation of an Inspector General to oversee federal employee retirement funds.
Increased security and transparency in the management of citizens' retirement savings.
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Additional Information
Print number: 117_HR_8763
Sponsor: Del. Norton, Eleanor Holmes [D-DC-At Large]
Process start date: 2022-08-30