Federal Retirement Thrift Investment Board Inspector General Act of 2025

# Federal Retirement Thrift Investment Board Inspector General Act of 2025 (HR 3364) **What the Bill Does:** This bill would create a new Inspector General position within the Federal Retirement Thrift Investment Board (FRTIB), an independent agency that manages retirement savings accounts for federal employees and military members. An Inspector General is an official who conducts audits and investigations to ensure an organization operates legally and efficiently, and can report misconduct or financial problems. **Who It Affects:** The bill primarily affects federal employees and military service members who participate in the Thrift Savings Plan (TSP), a retirement savings program with millions of participants. It would also affect the FRTIB itself and how it's overseen.

The additional Inspector General position would add oversight and accountability to how the board manages these retirement accounts. **Current Status:** HR 3364 was introduced by Delegate Eleanor Holmes Norton (D-DC) and is currently in committee, meaning it hasn't yet been debated or voted on by the full House of Representatives. The bill has not advanced further in the legislative process at this time.