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LegalText 5 U.S.C. § 8350 Retirement counseling us united_states_code code_section 5 GOVERNMENT ORGANIZATION AND EMPLOYEES 83 RETIREMENT 8350 5 U.S.C. § 8350 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc05@119-100.zip /us/usc/t5/s8350 data/legal/raw/us/code/title-05/usc05.xml 217960d5ccfde2229d3e56297a6caf2f20eed2eb489201bfa27fc925e4a45ca8 719fdb18e7085aede50e1e97c1c129fa6058e2c5c12b3d77a9b9044b1769e540 035e56ce7510da5b4090ee84eafc6b1b978995e41567fe8d7e827551612911de 2026-07-04 official
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5 U.S.C. § 8350 - Retirement counseling

Text

(a) For the purposes of this section, the term “retirement counselor”, when used with respect to an agency, means an employee of the agency who is designated by the head of the agency to furnish information on benefits under this subchapter and chapter 84 of this title and counseling services relating to such benefits to other employees of the agency.

(b) The Director of the Office of Personnel Management shall establish a training program for all retirement counselors of agencies of the Federal Government.

(c) (1) The training program established under subsection (b) of this section shall provide for comprehensive training in the provisions and administration of this subchapter and chapter 84 of this title, shall be designed to promote fully informed retirement decisions by employees and Members under this subchapter and individuals subject to chapter 84 of this title, and shall be revised as necessary to assure that the information furnished to retirement counselors of agencies under the program is current.

(2) The Director shall conduct a training session under the training program at least once every 3 months.

(3) Once each year, each retirement counselor of an agency shall successfully complete a training session conducted under the training program.

(Added Pub. L. 99335, title II, § 205(a), June 6, 1986, 100 Stat. 592; amended Pub. L. 99556, title II, § 202, Oct. 27, 1986, 100 Stat. 3135.)

Notes

Editorial Notes

Amendments1986—Subsec. (c)(1). Pub. L. 99556 substituted “subsection (b)” for “subsection (b)(1)”.

Statutory Notes and Related Subsidiaries

Effective DateSection effective June 6, 1986, see section 702(b)(3) of Pub. L. 99335, set out as a note under section 8401 of this title.

Enhancing Financial LiteracyPub. L. 108469, § 2, Dec. 21, 2004, 118 Stat. 3892, provided that: “(a) In General.—The Federal Retirement Thrift Investment Board (in this section referred to as the Board) shall periodically evaluate whether the tools available to participants provide the information needed to understand, evaluate, and compare financial products, services, and opportunities offered through the Thrift Savings Plan. The Board shall use these evaluations to improve its existing education program for Thrift Savings Plan participants. “(b) Report on Financial Literacy Efforts.—The Board shall annually report to the Committee on Governmental Affairs [now Committee on Homeland Security and Governmental Affairs] of the Senate and the Committee on Government Reform [now Committee on Oversight and Accountability] of the House of Representatives on its Thrift Savings Plan education efforts on behalf of plan participants. “(c) Strategy.—As part of the retirement training offered by Office of Personnel Management under section 8350 of title 5, United States Code, the Office, in consultation with the Board, shall—“(1) not later than 6 months after the date of enactment of this Act [Dec. 21, 2004], develop and implement a retirement financial literacy and education strategy for Federal employees that—“(A) shall educate Federal employees on the need for retirement savings and investment; and “(B) provide information related to how Federal employees can receive additional information on how to plan for retirement and calculate what their retirement investment should be in order to meet their retirement goals; and “(2) submit a report to the Committee on Governmental Affairs [now Committee on Homeland Security and Governmental Affairs] of the Senate and the Committee on Government Reform [now Committee on Oversight and Accountability] of the House of Representatives on the strategy described under paragraph (1).”