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TSP Fiduciary Security Act: Protecting Retirement Investments

This act aims to protect the retirement savings of federal and military personnel by ensuring their funds are not invested in entities that could harm U.S. national security. It introduces new rules for managing the Thrift Savings Fund (TSP) to align investments with national security interests, directly impacting the financial stability and security of future retirees.
Key points
The Thrift Savings Fund (TSP) will be prohibited from investing in companies that pose a threat to U.S. national security, including those linked to the Chinese military or on restricted entity lists.
TSP fiduciaries must avoid voting on proposals that could harm national security, such as approving transactions with entities from sanctioned countries.
Regular reviews of TSP investments and voting rights will be conducted to ensure compliance with new security standards, with reports submitted to Congress.
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Expired
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Additional Information
Print number: 117_S_1993
Sponsor: Sen. Rubio, Marco [R-FL]
Process start date: 2021-06-09
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

TSP Fiduciary Security Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_1993.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2021-06-09.

What are the main provisions?

Key points include:

  • The Thrift Savings Fund (TSP) will be prohibited from investing in companies that pose a threat to U.S. national security, including those linked to the Chinese military or on restricted entity lists.
  • TSP fiduciaries must avoid voting on proposals that could harm national security, such as approving transactions with entities from sanctioned countries.
  • Regular reviews of TSP investments and voting rights will be conducted to ensure compliance with new security standards, with reports submitted to Congress.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Sen. Rubio, Marco [R-FL].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-29.

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