Rule2024-05614
Technical Correction
Primary source
Metadata and text below are from the Federal Register, a public-domain U.S. government work. Always verify the official published version before relying on it for any legal matter.
Published
March 18, 2024
Effective
March 18, 2024
Issuing agencies
Federal Retirement Thrift Investment Board
Abstract
The Federal Retirement Thrift Investment Board (FRTIB) is making technical revisions to its regulations after a reorganization of the Office of Participant Services and Office of Communications and Education into a new Office of Participant Experience. This action makes no substantive regulatory changes.
Full Text
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<title>Federal Register, Volume 89 Issue 53 (Monday, March 18, 2024)</title>
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[Federal Register Volume 89, Number 53 (Monday, March 18, 2024)]
[Rules and Regulations]
[Page 19225]
From the Federal Register Online via the Government Publishing Office [<a href="http://www.gpo.gov">www.gpo.gov</a>]
[FR Doc No: 2024-05614]
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Rules and Regulations
Federal Register
________________________________________________________________________
This section of the FEDERAL REGISTER contains regulatory documents
having general applicability and legal effect, most of which are keyed
to and codified in the Code of Federal Regulations, which is published
under 50 titles pursuant to 44 U.S.C. 1510.
The Code of Federal Regulations is sold by the Superintendent of Documents.
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Federal Register / Vol. 89, No. 53 / Monday, March 18, 2024 / Rules
and Regulations
[[Page 19225]]
FEDERAL RETIREMENT THRIFT INVESTMENT BOARD
5 CFR Part 1631
Technical Correction
AGENCY: Federal Retirement Thrift Investment Board.
ACTION: Correcting amendment.
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SUMMARY: The Federal Retirement Thrift Investment Board (FRTIB) is
making technical revisions to its regulations after a reorganization of
the Office of Participant Services and Office of Communications and
Education into a new Office of Participant Experience. This action
makes no substantive regulatory changes.
DATES: Effective March 18, 2024.
FOR FURTHER INFORMATION CONTACT: Magali Matarazzi at (202) 864-7006.
SUPPLEMENTARY INFORMATION: The FRTIB administers the Thrift Savings
Plan (TSP), which was established by the Federal Employees' Retirement
System Act of 1986 (FERSA), Public Law 99-335, 100 Stat. 514. The TSP
provisions of FERSA are codified, as amended, largely at 5 U.S.C. 8351
and 8401-79. The TSP is a tax-deferred retirement savings plan for
Federal civilian employees and members of the uniformed services. The
TSP is similar to cash or deferred arrangements established for
private-sector employees under section 401(k) of the Internal Revenue
Code (26 U.S.C. 401(k)).
Office Name Change
The FRTIB has reorganized the Office of Participant Services and
Office of Communications and Education into a new Office of Participant
Experience. This amendment to 5 CFR 1631.3 revises references to former
offices of the FRTIB to reflect their new name.
Administrative Procedures Act
The FRTIB is promulgating these corrections without advance notice
or an opportunity for comment because the FRTIB for good cause finds
that notice and public comment are unnecessary, impracticable, or
contrary to the public interest under the ``good cause'' exemption of
the Administrative Procedure Act (``APA''). 5 U.S.C. 553(b)(B). The
FRTIB finds that notice and comment are unnecessary here because these
corrections are merely typographical and technical; they effect no
substantive changes to any rule. For the same reason, these corrections
fall within the ``good cause'' exception to the delayed effective date
provisions of the APA and the Congressional Review Act. 5 U.S.C.
553(d)(3) and 808(2). Accordingly, these corrections are effective upon
publication in the Federal Register.
Regulatory Flexibility Act
This regulation will not have a significant economic impact on a
substantial number of small entities. This regulation will affect
Federal employees, members of the uniformed services who participate in
the TSP, and beneficiary participants.
Paperwork Reduction Act
This regulation does not require additional reporting under the
criteria of the Paperwork Reduction Act.
Unfunded Mandates Reform Act of 1995
Pursuant to the Unfunded Mandates Reform Act of 1995, 2 U.S.C. 602,
632, 653, and 1501-1571, the effects of this regulation on State,
local, and tribal governments and the private sector have been
assessed. This regulation will not compel the expenditure in any one
year of $100 million or more by State, local, and tribal governments,
in the aggregate, or by the private sector. Therefore, a statement
under 2 U.S.C. 1532 is not required.
Submission to Congress and the General Accounting Office
Pursuant to 5 U.S.C. 801(a)(1)(A), the FRTIB submitted a report
containing this rule and other required information to the U.S. Senate,
the U.S. House of Representatives, and the Comptroller General of the
United States before publication of this rule in the Federal Register.
This rule is not a major rule as defined at 5 U.S.C. 804(2).
List of Subjects in 5 CFR Part 1631
Availability of records.
Ravindra Deo,
Executive Director, Federal Retirement Thrift Investment Board.
For the reasons stated in the preamble, the FRTIB amends 5 CFR
Chapter VI as follows:
PART 1631--AVAILABILITY OF RECORDS
Subpart A--Production or Disclosure of Records Under the Freedom of
Information Act, 5 U.S.C. 552
0
1. The authority citation for subpart A of part 1631 continues to read
as follows:
Authority: 5 U.S.C. 552.
0
2. Amend Sec. 1631.3 by revising paragraphs (a)(1) through (a)(10) and
removing paragraph (a)(11) to read as follows:
Sec. 1631.3 Organization and functions.
(a) * * *
(1) The five part-time members who serve on the Board;
(2) The Office of the Executive Director;
(3) The Office of Participant Experience;
(4) The Office of General Counsel;
(5) The Office of Investments;
(6) The Office of Planning and Risk;
(7) The Office of External Affairs;
(8) The Office of Chief Financial Officer;
(9) The Office of Resource Management; and
(10) The Office of Technology Services.
* * * * *
[FR Doc. 2024-05614 Filed 3-15-24; 8:45 am]
BILLING CODE 6760-01-P
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