Use DOL oversight of FRTIB to prohibit TSP investment in China

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Printed page 609 18. Department of Labor and Related Agencies

“DOL should exercise its oversight of the FRTIB to prohibit investments in China.”

What has happened

Jul 28, 2026 Not started
The Department of Labor has not used its oversight of the Federal Retirement Thrift Investment Board to prohibit Thrift Savings Plan investment in China. The plan's international index already excludes China, but that happened before the evidence window and was the Board's own decision: the I Fund's benchmark moved from MSCI EAFE to MSCI ACWI IMI ex USA ex China ex Hong Kong on 2024-08-01. China exposure remains available through the mutual fund window, which is still open with $0.9 billion in it, and no DOL instrument prohibits anything.
- FRTIB, Investment Program Review, June 2026 (I Fund benchmark: "MSCI EAFE through July 31, 2024; MSCI ACWI IMI ex USA ex China ex Hong Kong thereafter"; mutual fund window balance $0.9 billion)
  Primary Executive branch Jul 28, 2026

What was searched, and what didn’t count as evidence

Not pre_satisfied: the ask names a DOL prohibition, and the part of the plan that can still hold Chinese securities — the mutual fund window — is untouched. What was already true before the window is one component’s benchmark, which is recorded in the note rather than claimed as satisfaction of the ask.
Negative search: chapter log, Cluster negative search — the China-investment asks (#1673, #1678, #1679).
The Department’s fiduciary oversight of the Board runs through EBSA’s annual TSP Fiduciary Oversight Program, whose FY2025 and FY2026 reports were presented to the Board in April 2025 and April 2026; neither is a prohibition.