; survivor rights The provisions for spousal protections and court orders under section 8435 and 8467 of title 5, United States Code, respectively, shall apply in the same manner to governance of the Fund and to accounts of participants and former participants as such sections are applied with respect the Thrift Savings Plan and its accounts. The Executive Director shall issue regulations that establish spousal protections and survivor rights with respect to participants and former participants that are as equivalent as practically possible to those provided for under the Thrift Savings Plan pursuant to chapter 84 of title 5, United States Code. II The American Worker Retirement Plan Investment Management System 201. The American Worker Retirement Investment Board (a) Establishment There is established in the executive branch of the Government the American Worker Retirement Investment Board. (b) Composition The Board shall be composed of— (1) 3 members appointed by the President, of whom 1 shall be designated by the President as Chair; (2) 1 member appointed by the President after taking into consideration the recommendation made by the majority leader of the Senate in consultation with the minority leader of the Senate; and (3) 1 member appointed by the President after taking into consideration the recommendation made by the Speaker of the House of Representatives in consultation with the minority leader of the House of Representatives. (c) Senate confirmation Appointments under subsection (b) shall be made with the advice and consent of the Senate. (d) Qualifications (1) In general Members of the Board shall have substantial experience, training, and expertise in the management of financial investments and pension benefit plans. (2) Disqualification No member of the Board may be an officer or employee of the Federal Government. (e) Terms