TSP Fiduciary Security Act of 2025

# TSP Fiduciary Security Act of 2025 - Summary **What the Bill Would Do** This bill, formally titled the TSP Fiduciary Security Act of 2025, would modify rules governing the Thrift Savings Plan (TSP)—the retirement savings program available to federal employees and members of the military. While specific provisions aren't detailed in the available information, the bill's title suggests it would address fiduciary responsibilities and security measures related to how the TSP manages and protects participants' retirement funds. **Who It Affects** The primary beneficiaries or affected parties would be federal employees and military service members who participate in the TSP. The changes could also impact the TSP board and administrators who oversee the program, as they typically bear fiduciary responsibilities for managing retirement assets. **Current Status** As of now, the bill (S 1368) is in committee, meaning it has been introduced in the Senate but has not yet been debated or voted on by the full chamber.

It was sponsored by Senator Rick Scott (R-FL). Without the detailed legislative text or committee analysis, the specific nature of the security or fiduciary changes proposed cannot be determined from this summary alone.