I 
114TH CONGRESS 
1ST SESSION H. R. 2432 
To amend title 5, United States Code, to provide for a gender equality- 
focused investment option under the Thrift Savings Plan. 
IN THE HOUSE OF REPRESENTATIVES 
MAY 19, 2015 
Mr. BEYER (for himself and Mr. NOLAN) introduced the following bill; which 
was referred to the Committee on Oversight and Government Reform 
A BILL 
To amend title 5, United States Code, to provide for a 
gender equality-focused investment option under the 
Thrift Savings Plan. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Federal Employee 
Gender Diversity Investment Act’’. 
SEC. 2. FINDINGS. 
Congress finds the following: 
(1) A proven track record of taking advantage 
of the talents, ideas, and contributions of women is 
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an excellent indicator of companies that are primed 
for long-term growth and sustainability. 
(2) A report reviewing 2,360 global companies 
found that those with women directors outperformed 
those without in return on equity. 
(3) Companies with greater numbers of women 
in senior management outperformed those without 
women directors in return on equity and scored 
higher when being evaluated on organization, leader-
ship, accountability and innovation. 
(4) Investing in women and girls is one of the 
most important strategies for alleviating poverty and 
promoting sustainable development around the 
globe. 
SEC. 3. GENDER EQUALITY-FOCUSED STOCK INDEX FUND. 
(a) DEFINITION.—Section 8438(a) of title 5, United 
States Code, is amended— 
(1) by redesignating paragraphs (2) through 
(10) as paragraphs (3) through (11), respectively; 
(2) by inserting after paragraph (1) the fol-
lowing: 
‘‘(2) the term ‘Gender Equality-Focused Stock 
Index Fund’ means the fund established under sub-
section (b)(1)(G);’’; and 
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(3) in paragraph (10), as redesignated by para-
graph (1) of this subsection, by striking ‘‘paragraph 
(8)(D)’’ each place it appears and inserting ‘‘para-
graph (9)(D)’’. 
(b) ESTABLISHMENT.— 
(1) IN GENERAL.—Section 8438(b)(1) of title 
5, United States Code, is amended— 
(A) in subparagraph (E), by striking 
‘‘and’’ at the end; 
(B) in subparagraph (F), by striking the 
period at the end and inserting ‘‘; and’’; and 
(C) by adding at the end the following: 
‘‘(G) a Gender Equality-Focused Stock Index 
Fund as provided under paragraph (6).’’. 
(2) FUND REQUIREMENTS.—Section 8438(b) of 
title 5, United States Code, is amended by adding 
at the end the following: 
‘‘(6)(A)(i) The Board shall select a minimum of one 
index which is a commonly recognized, passively managed 
index comprised of stocks (from the United States or 
international equity markets) that have been analyzed and 
selected based on criteria consistent with the purposes of 
this paragraph. 
‘‘(ii) The criteria under clause (i) shall at a minimum 
include— 
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‘‘(I) gender diversity in corporate board and 
senior management composition; 
‘‘(II) pay equity; 
‘‘(III) workplace relations and benefits; and 
‘‘(IV) international operations and human 
rights. 
‘‘(iii) The historical performance of each index se-
lected under this subparagraph shall be comparable to 
that of the other investment funds and options available 
under this subsection. 
‘‘(B) The Gender Equality-Focused Stock Index 
Fund shall be invested in a portfolio designed to replicate 
the performance of the index in subparagraph (A) (or, if 
more than one index is selected, the overall average per-
formance). The portfolio shall be designed such that, to 
the extent practicable, the percentage of the Gender 
Equality-Focused Stock Index Fund that is invested in 
each stock is the same as the percentage determined by 
dividing the aggregate market value of all shares of that 
stock by the aggregate market value of all shares of all 
stocks included in such index (or indexes).’’. 
Æ 
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