Mission

The Federal Retirement Thrift Investment Board administers the Thrift Savings Plan, which provides Federal employees the opportunity to save for additional retirement security.

The Federal Retirement Thrift Investment Board was established as an independent agency by the Federal Employees' Retirement System Act of 1986 (5 U.S.C. 8351 and 8401-79). The act vests responsibility for the agency in six named fiduciaries: the five Board members and the Executive Director. The five members of the Board, one of whom is designated as Chairman, are appointed by the President with the advice and consent of the Senate and serve on the Board on a part-time basis. The members appoint the Executive Director, who is responsible for the management of the agency and the Plan.

United_States_Department_of_Education


Outlays (in millions of dollars)

US_Department_of_Education_Outlay_Line_Graph

 

Year Outlay Year Outlay Year Outlay
1962   1991 0 2020 -21
1963   1992 0 2021 -49
1964   1993 -2 2022 -45
1965   1994 -4 2023 -53
1966   1995 0 2024 *
1967   1996 -22 2025 *
1968   1997 13 2026 *
1969   1998 -9 2027 *
1970   1999 -16 2028 *
1971   2000 -19 2029 *
1972   2001 13    
1973   2002 -12    
1974   2003 -11    
1975   2004 3    
1976   2005 -26    
1977   2006 19    
1978   2007 -8    
1979   2008 0    
1980   2009 0    
1981   2010 0    
1982   2011 0    
1983   2012 -13    
1984   2013 -17    
1985   2014 -34    
1986   2015 -30    
1987 155 2016 -27    
1988 0 2017 -5    
1989 16 2018 -14    
1990 0 2019 -11    
Source *estimate

Employee Counts

US_Department_of_Education_Employee_Count_Line_Graph

 

Year Count Year Count Year Count
1962   1991   2020 294
1963   1992   2021 281
1964   1993   2022 255
1965   1994   2023 244
1966   1995   2024 242
1967   1996      
1968   1997      
1969   1998 112    
1970   1999 104    
1971   2000 103    
1972   2001 105    
1973   2002 111    
1974   2003 106    
1975   2004 98    
1976   2005 92    
1977   2006 70    
1978   2007 69    
1979   2008 75    
1980   2009 84    
1981   2010 95    
1982   2011 99    
1983   2012 111    
1984   2013 161    
1985   2014 194    
1986   2015 231    
1987   2016 253    
1988   2017 269    
1989   2018 287    
1990   2019 281    
Source