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Pay & Benefits

Get the latest federal employee pay news, including updates on federal pay raises, GS pay scale changes, locality pay, and federal compensation policy. Stay informed on TSP news, TSP fund performance, contribution limits, and investment updates. This category also covers FEHB premiums, FEGLI rates, FEDVIP dental and vision benefits, and major OPM policy changes, federal workforce legislation, and other developments that impact federal employee pay, benefits, and take‑home compensation.

Smile TSP Investors! TSP Returns Rocket Up in April

FedSmith.com author Ralph R. SmithBy Ralph R. SmithMay 1, 2026 8:40 AM Categories Pay & Benefits Leave a comment

TSP performance saw a surge in April 2026, with stock funds posting rare double-digit gains amid market relief and strong earnings, but risks still loom.

How Does the TSP Grow? Multi-Billion Dollar Yearly Rollovers Are Significant

FedSmith.com author Ralph R. SmithBy Ralph R. SmithApr 28, 2026 12:24 PM Categories Pay & Benefits Leave a comment

The TSP draws billions in annual rollovers, with most using a rollover concierge service as federal employees consolidate 401(k) and IRA assets.

Your 2027 Federal Pay Raise: What is the Likely Outcome?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithApr 24, 2026 10:15 AM | Updated: Apr 28, 2026 11:47 AM Categories Pay & Benefits Leave a comment

Trump’s 2027 budget omits a 2027 federal pay raise. FedSmith shows economics outweigh politics over 56 years, suggesting a small pay raise is likely, not a freeze.

OPM Faces Backlash Over Federal Employee Health Information Proposal

FedSmith.com author Ian SmithBy Ian SmithApr 23, 2026 12:20 PM | Updated: Apr 28, 2026 11:47 AM Categories Pay & Benefits Leave a comment

Comments submitted on OPM’s proposed rule to collect federal employee health data indicate concerns about privacy risks or potential misuse.

House Democrats Sound Alarm Over OPM Health Data Collection Plan

FedSmith.com author Ian SmithBy Ian SmithApr 21, 2026 2:43 PM Categories Pay & Benefits Leave a comment

House Democrats warn OPM’s new health data plan could endanger privacy and spark legal concerns, urging the agency to pause and explain its proposal.

184,532 TSP Millionaires Prove the Power of Consistent Saving

FedSmith.com author Ralph R. SmithBy Ralph R. SmithApr 18, 2026 2:49 PM Categories Pay & Benefits Leave a comment

Despite a Q1 dip, nearly 185K TSP millionaires prove the TSP is still a powerful long-term savings program for federal employees.

Why Are So Few Federal Employees Using the TSP Mutual Fund Window?

FedSmith.com author Francis Xavier (FX) BergmeisterBy Francis Xavier (FX) BergmeisterApr 13, 2026 7:47 AM Categories Pay & Benefits Leave a comment

Years after launching, the TSP mutual fund window has attracted fewer than 10,000 participants. Here’s why most federal employees are sticking with core funds.

OPM Wants Your Health Data: A New Push to Control FEHB Costs

FedSmith.com author Ralph R. SmithBy Ralph R. SmithApr 9, 2026 8:05 AM Categories Pay & Benefits, Human Resources Leave a comment

OPM has proposed collecting detailed health claims data from FEHB and PSHB insurers, aiming for cost control but raising privacy and care oversight concerns.

7% for the Military, 0% for Civilians? The 2027 Pay Raise Proposal Federal Employees Won’t Like

FedSmith.com author Ralph R. SmithBy Ralph R. SmithApr 3, 2026 4:23 PM Categories Pay & Benefits Leave a comment

The Trump administration has proposed a 7% military raise but no 2027 federal employee pay raise. What is this likely to ultimately mean for federal employees?

TSP Returns Slide in Early 2026 as Global Turmoil Reshapes Markets

FedSmith.com author Ralph R. SmithBy Ralph R. SmithApr 1, 2026 8:25 AM Categories Pay & Benefits Leave a comment

TSP returns plunged in March 2026, erasing early gains. Most funds ended negative, with only the G Fund staying positive amid market volatility.

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Daily TSP Performance

May 1, 2026

Fund Last % YTD
G Fund $19.8657 +0.01% +1.42%
F Fund $20.9401 +0.12% +0.28%
C Fund $116.0963 +0.29% +6.01%
S Fund $109.4965 +0.40% +9.05%
I Fund $61.5532 -0.18% +10.92%
L Income $30.1996 +0.05% +3.27%
L 2030 $61.0590 +0.09% +5.10%
L 2035 $18.7105 +0.11% +5.83%
L 2040 $71.9984 +0.11% +6.21%
L 2045 $19.9834 +0.12% +6.54%
L 2050 $44.4091 +0.13% +6.88%
L 2055 $23.1647 +0.14% +8.10%
L 2060 $23.1620 +0.14% +8.10%
L 2065 $23.1591 +0.14% +8.10%
L 2070 $13.7260 +0.14% +8.10%
L 2075 $11.9897 +0.14% +8.10%
Get detailed TSP data at TSPDataCenter.com

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