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Title 5 — Government Organization and EmployeesRelease 119-73

§8471 Definitions

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 › § 8471

Last updated Apr 6, 2026|Official source

Summary

Defines key words used in this part of the law. Beneficiary means a person (not the account holder) who can receive payments from the Thrift Savings Fund. Council means the Employee Thrift Advisory Council. Participant means someone who has a Thrift Savings account. Person means an individual or many kinds of businesses or organizations (for example, partnerships, corporations, trusts, estates, associations, or labor organizations). Thrift Savings Fund means the fund that holds the thrift savings accounts.

Full Legal Text

Title 5, §8471

Government Organization and Employees — Source: USLM XML via OLRC

For the purposes of this subchapter—
(1)the term “beneficiary” means an individual (other than a participant) entitled to payment from the Thrift Savings Fund under subchapter III of this chapter;
(2)the term “Council” means the Employee Thrift Advisory Council established under section 8473 of this title;
(3)the term “participant” means an individual for whom an account has been established under section 8439 of this title;
(4)the term “person” means an individual, partnership, joint venture, corporation, mutual company, joint-stock company, trust, estate, unincorporated organization, association, or labor organization; and
(5)the term “Thrift Savings Fund” means the Thrift Savings Fund established under section 8437 of this title.

Legislative History

Notes & Related Subsidiaries

Statutory Notes and Related Subsidiaries

Effective Date

Subchapter VII effective June 6, 1986, see section 702(b)(1) of Pub. L. 99–335, set out as a note under section 8401 of this title.

Reference

Citations & Metadata

Citation

5 U.S.C. § 8471

Title 5 — Government Organization and Employees

Last Updated

Apr 6, 2026

Release point: 119-73