Federal Employees Retirement System Act
Federal Employees' Retirement System Act of 1986
Read about the Agency's legal authority:
Rules Governing the FRTIB
Final Agency Rule on Roth
This final rule implements the Roth TSP feature as authorized by the Thrift Savings Plan Enhancement Act of 2009, Public Law 111-31. These regulations address (1) Roth contribution limits (2) withdrawal options (3) treatment of agency contributions (4) Roth TSP transfer rules from employer plans (5) distribution of loans and withdrawals when participants have both traditional and Roth balances, and (6) other administrative matters.
FRTIB Strategic Plan
Reports to Congress
2018 Press Releases
The Federal Employee Viewpoint Survey (FEVS) was administered from May 9 to June 14, 2017, and a total of 190 (80%) Federal Retirement Thrift Investment Board (FRTIB) employees responded to the survey. Below is a summary of what has been identified as our Agency’s strengths, challenges, areas of progress, and opportunities for improvement.
FRTIB employees are willing to put in the extra effort to get the job done, are constantly looking for ways to do their job better, and had positive responses in regards to work-life balance and performance feedback. Specifically:
• Ninety-six percent of FRTIB employees are willing to put in the extra effort to get the job done (Q7).
• Ninety-three percent of employees confirmed their supervisor has talked with them about their performance in the last six months (Q50)
• Ninety-one percent of employees are constantly looking for ways to do their job better (Q8)
• Ninety percent of employees believe they are protected from health and safety hazards on the job (Q35) and their supervisor supports their need to balance work and other life issues (Q42)
In addition to the four items above, which had the highest percent of positive response, 31 additional items were identified as strengths.
FRTIB employees are less satisfied with the information they receive from management, senior leaders ability to generate high levels of motivation, steps taken to deal with poor performers, and personal empowerment. Specifically:
• Forty percent of employees believe senior leaders generate high levels of motivation and commitment (Q53)
• Forty-four percent of employees have a feeling of personal empowerment with respect to work processes (Q30)
• Thirty-seven percent of employees believe steps are taken to deal with poor performers (Q23)
• Fifty-two percent of employees are satisfied with the information they receive from management (Q64)
In addition to the four items above, which had the highest percent of negative responses, 2 additional items were identified as challenges.
Areas of Progress
FRTIB employees feel their performance appraisals are fair reflections of their performance, understand what they have to do to be rated at different performance levels, and believe policies and programs promote diversity in the workplace.. These items saw the largest increase from 2016 results. Specifically:
• Eighty-two percent of employees believe that their performance appraisal is a fair reflection of their performance (Q15). This is a 9 percentage point increase from 2016.
• Seventy-eight percent of employees understand what they have to do to be rated at different performance levels (Q19). This is a 7 percentage point increase from 2016.
• Seventy-six percent of employees believe policies and programs promote diversity in the workplace (Q25). This is a 5 percentage point increase from 2016.
Opportunities for Improvement
Some areas that may need targeted action due to declining positive responses include recruiting people with the rights skills and involving employees in decisions that affect their work. These items saw some of the largest decreases from 2016. Specifically:
• Sixty-four percent of employees are satisfied with their involvement in decisions that affect their work. This is a 16 percentage point decrease from 2016.
• Seventy-five percent of employees believe their work unit is able to recruit people with the right skills (Q21). This is a 14 percentage point decrease from 2016.
• Seventy-four percent of employees believe the skill level in their work unit has improved in the past year. This is a 13 percentage point decrease from 2016.
The results received from the Federal Employee Viewpoint Surveys remain an important component of the Agency’s ongoing commitment to ensuring FRTIB is a great place to work and the Agency will continue to analyze these results to build off of our strengths and improve challenge areas. To view the 2017 FRTIB FEVS results click here.
Freedom of Information Act (FOIA)
Frequently Requested Records
Chief FOIA Reports
The Electronic Freedom of Information Act Amendments of 1996 (E-FOIA) require that agencies permit the public to inspect and copy records that are likely to become the subject of later FOIA requests, provided the records were (1) created after November 1, 1996, and (2) released under FOIA on or after March 31, 1997. E-FOIA stipulates that agencies make copies of such records available via computer telecommunications beginning November 1, 1997.