U.S. Code » Title 5 » Part PART III— EMPLOYEES › Subpart Subpart G— Insurance and Annuities › Chapter CHAPTER 84— FEDERAL EMPLOYEES’ RETIREMENT SYSTEM › Subchapter SUBCHAPTER VII— FEDERAL RETIREMENT THRIFT INVESTMENT MANAGEMENT SYSTEM

5 U.S.C. § 8475

Investment policies

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The Board shall develop investment policies under section 8472(f)(1) of this title which provide for—(1) prudent investments suitable for accumulating funds for payment of retirement income; and(2) low administrative costs.(Added Pub. L. 99–335, title I, § 101(a), June 6, 1986, 100 Stat. 581.)