
From the U.S. Code Online via GPO Access
[wais.access.gpo.gov]
[Laws in effect as of January 2, 2001]
[Document not affected by Public Laws enacted between
  January 2, 2001 and January 28, 2002]
[CITE: 5USC8473]

 
             TITLE 5--GOVERNMENT ORGANIZATION AND EMPLOYEES
 
                           PART III--EMPLOYEES
 
                   Subpart G--Insurance and Annuities
 
            CHAPTER 84--FEDERAL EMPLOYEES' RETIREMENT SYSTEM
 
 SUBCHAPTER VII--FEDERAL RETIREMENT THRIFT INVESTMENT MANAGEMENT SYSTEM
 
Sec. 8473. Employee Thrift Advisory Council

    (a) The Board shall establish an Employee Thrift Advisory Council. 
The Council shall be composed of 14 members appointed by the Chairman of 
the Board in accordance with subsection (b).
    (b) The Chairman shall appoint 14 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)); and
        (9) 1 shall be appointed to represent the organization 
    representing the largest number of members of the Senior Executive 
    Service.

    (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 member's 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 14(a)(2) of the Federal Advisory Committee Act shall not 
apply to the Council.

(Added Pub. L. 99-335, title I, Sec. 101(a), June 6, 1986, 100 Stat. 
579; amended Pub. L. 103-89, Sec. 3(b)(1)(N), Sept. 30, 1993, 107 Stat. 
982; Pub. L. 106-65, div. A, title VI, Sec. 661(a)(6), Oct. 5, 1999, 113 
Stat. 672.)

                          Amendment of Section

        Pub. L. 106-65, div. A, title VI, Secs. 661(a)(6), 663, Oct. 5, 
    1999, 113 Stat. 672, 673, as amended by Pub. L. 106-398, Sec. 1 
    [[div. A], title VI, Sec. 661(a)], Oct. 30, 2000, 114 Stat. 1654, 
    1654A-167, provided that effective 180 days after Oct. 30, 2000, 
    unless postponed, this section is amended--
        (1) in subsection (a), by striking ``14 members'' and inserting 
    ``15 members''; and
        (2) in subsection (b)--
        (A) by striking ``14 members'' and inserting ``15 members'';
        (B) by striking ``and'' at the end of paragraph (8);
        (C) by striking the period at the end of paragraph (9) and 
    inserting ``; and''; and
        (D) by adding at the end the following:

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

                       References in Text

    Section 14(a)(2) of the Federal Advisory Committee Act [Pub. L. 92-
463], referred to in subsec. (f), is section 14(a)(2) of Pub. L. 92-463, 
which is set out in the Appendix to this title.


                               Amendments

    1993--Subsec. (b)(8). Pub. L. 103-89 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''.


                    Effective Date of 1999 Amendment

    Amendment by Pub. L. 106-65 effective 180 days after Oct. 30, 2000, 
unless postponed, see section 663 of Pub. L. 106-65, as amended, set out 
as an Effective Date note under section 8440e of this title.


                    Effective Date of 1993 Amendment

    Amendment by Pub. L. 103-89 effective Nov. 1, 1993, see section 3(c) 
of Pub. L. 103-89, set out as a note under section 3372 of this title.

                  Section Referred to in Other Sections

    This section is referred to in section 8471 of this title.
