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Tuberville Demands Ban on Federal Pension Fund Investment in China Legislation would ban civil service pension investments from going to Chinese companies Getty Images Jack Beyrer • May 18, 2021 4:05 pm Sen. Tommy Tuberville (R., Ala.) introduced legislation to block billions in taxpayer funding from going to China. The senator aims to prevent the federal Thrift Savings Plan (TSP), a retirement fund for federal workers and the military, from investing in companies connected to the Chinese military and other Chinese Communist Party operations. In 2019, TSP fund managers announced plans to invest $54 billion in an index fund with...
