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LegalText 5 U.S.C. § 8473 Employee Thrift Advisory Council us united_states_code code_section 5 GOVERNMENT ORGANIZATION AND EMPLOYEES 84 FEDERAL EMPLOYEES RETIREMENT SYSTEM 8473 5 U.S.C. § 8473 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/s8473 data/legal/raw/us/code/title-05/usc05.xml 5044f465c1bf995ea8b6da422166d8d7744a2c2708a58e742edafdf288bd1a6b 719fdb18e7085aede50e1e97c1c129fa6058e2c5c12b3d77a9b9044b1769e540 e6f94812a2a9e6c49a166dbdf5b1c8b49017a9d2666018445ac524af63ef2a0f 2026-07-04 official
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5 U.S.C. § 8473 - Employee Thrift Advisory Council

Text

(a) The Board shall establish an Employee Thrift Advisory Council. The Council shall be composed of 15 members appointed by the Chairman of the Board in accordance with subsection (b).

(b) The Chairman shall appoint 15 members of the Council, of whom—

(1) 4 shall be appointed to represent the respective labor organizations representing (as exclusive representatives) the first, second, third, and fourth largest numbers of individuals subject to chapter 71 of this title;

(2) 2 shall be appointed to represent the respective labor organizations which have been accorded exclusive recognition under section 1203(a) of title 39 representing the largest and second largest numbers of individuals employed by the United States Postal Service;

(3) 1 shall be appointed to represent the labor organization which has been accorded exclusive recognition under section 1203(a) of title 39 representing the largest number of individuals employed by the United States Postal Service as rural letter carriers;

(4) 2 shall be appointed to represent the respective managerial organizations (other than an organization described in paragraph (5)) which consult with the United States Postal Service under section 1004(b) of title 39 and which represent the largest and second largest numbers of individuals employed by the United States Postal Service as managerial personnel;

(5) 1 shall be appointed to represent the supervisors organization as defined in section 1004(h) of title 39;

(6) 1 shall be appointed to represent employee organizations having as a purpose promoting the interests of women in Government service;

(7) 1 shall be appointed to represent the organization representing the largest number of individuals receiving annuities under this chapter or chapter 83 of this title;

(8) 1 shall be appointed to represent the organization representing the largest number of supervisors and management officials (as defined by section 7103(a));

(9) 1 shall be appointed to represent the organization representing the largest number of members of the Senior Executive Service; and

(10) 1 shall be appointed to represent participants (under section 8440e) who are members of the uniformed services.

(c) (1) The Chairman of the Board shall designate 1 member of the Council to serve as head of the Council.

(2) A member of the Council shall be appointed for a term of 4 years.

(3) (A) A vacancy in the Council shall be filled in the manner in which the original appointment was made and shall be subject to any conditions which applied with respect to the original appointment.

(B) An individual chosen to fill a vacancy shall be appointed for the unexpired term of the member replaced.

(C) The term of any member shall not expire before the date on which the members successor takes office.

(d) The Council shall act by resolution of a majority of the members.

(e) The Council shall—

(1) advise the Board and the Executive Director on matters relating to—

(A) investment policies for the Thrift Savings Fund; and

(B) the administration of this subchapter and subchapter III of this chapter; and

(2) perform such other duties as the Board may direct with respect to investment funds established in accordance with subchapter III of this chapter.

(f) Section 1013(a) of this title shall not apply to the Council.

(Added Pub. L. 99335, title I, § 101(a), June 6, 1986, 100 Stat. 579; amended Pub. L. 10389, § 3(b)(1)(N), Sept. 30, 1993, 107 Stat. 982; Pub. L. 10665, div. A, title VI, § 661(a)(6), Oct. 5, 1999, 113 Stat. 672; Pub. L. 117286, § 4(a)(10), Dec. 27, 2022, 136 Stat. 4306.)

Notes

Editorial Notes

Amendments2022—Subsec. (f). Pub. L. 117286 substituted “Section 1013(a) of this title” for “Section 14(a)(2) of the Federal Advisory Committee Act”. 1999—Subsec. (a). Pub. L. 10665, § 661(a)(6)(A), substituted “15 members” for “14 members”. Subsec. (b). Pub. L. 10665, § 661(a)(6)(B)(i), substituted “15 members” for “14 members” in introductory provisions. Subsec. (b)(10). Pub. L. 10665, § 661(a)(6)(B)(ii)(iv), added par. (10). 1993—Subsec. (b)(8). Pub. L. 10389 substituted “supervisors and management officials (as defined by section 7103(a))” for “individuals subject to the Performance Management and Recognition System under chapter 54 of this title”.

Statutory Notes and Related Subsidiaries

Effective Date of 1999 AmendmentAmendment by Pub. L. 10665 effective 180 days after Oct. 30, 2000, unless postponed, see section 663 of Pub. L. 10665, as amended, set out as an Effective Date note under section 8440e of this title.

Effective Date of 1993 AmendmentAmendment by Pub. L. 10389 effective Nov. 1, 1993, see section 3(c) of Pub. L. 10389, set out as a note under section 3372 of this title.