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Content Last Revised: 12/29/88 |
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Code of Federal Regulations Pertaining to EBSA |
| Labor |
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| Pension and Welfare Benefits Administration, Department of Labor |
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| Rules and Regulations for the Allocation of Fiduciary Responsibility |
5 U.S.C. 8477(e)(1)(E) provides that any fiduciary with respect to the Thrift Savings Fund of the Federal Employees Retirement System who allocates a fiduciary responsibility to another person pursuant to procedures prescribed by the Secretary of Labor shall not be liable for an act or omission of such person except in specified circumstances. This part sets forth the procedures which have been prescribed by the Secretary of Labor for the allocation of fiduciary responsibilities.