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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.

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
Scale tipped towards one side due to having three bags of money on it versus only one bag on the higher side

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
View of a worried businessman from behind as he looks at charts showing financial losses on a computer screen

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

TSP Investors Are Rapidly Doubling I Fund Exposure—Driven by 2025’s Breakout Returns

FedSmith.com author Ralph R. SmithBy Ralph R. SmithMar 25, 2026 8:15 AM Categories Pay & Benefits Leave a comment
Globe surrounded by a ring of stacked $100 bills

TSP investors flock to the I Fund after its strong 2025 showing, doubling allocations in a year—boosting diversification but risking return-chasing.

The FEGLI Coverage Cliff Few Federal Employees See Coming

FedSmith.com author Francis Xavier (FX) BergmeisterBy Francis Xavier (FX) BergmeisterMar 18, 2026 1:48 PM Categories Pay & Benefits Leave a comment
Words 'life insurance' printed at the top of a sheet of paper on a clipboard with a pen sitting on top of it; clipboard is lying on a desk next to a book and stack of cash

FEGLI doubles coverage for employees under 35, then phases out by 45. Early planning avoids coverage gaps and rising premiums later.

FEGLI Explained: How to Avoid Overspending on Federal Life Insurance

FedSmith.com author Dallen HawsBy Dallen HawsMar 3, 2026 8:05 AM Categories Pay & Benefits Leave a comment

FEGLI life insurance can become costly as you age, especially Option B. Audit your coverage, assess your needs, and consider alternatives to save money.

Why the TSP’s I Fund Is Outperforming—and How Long the Advantage May Last

FedSmith.com author Ralph R. SmithBy Ralph R. SmithFeb 28, 2026 10:26 AM | Updated: Mar 10, 2026 6:58 PM Categories Pay & Benefits Leave a comment
World map overlaid by rising investment performance lines and bar charts and foreign currency symbols

The TSP’s I Fund is still outperforming U.S. stock funds. The trend has momentum, but it is not guaranteed to last. Here’s what is driving the I Fund’s performance.

FEGLI Option C Refund for Life Insurance with No Eligible Family Member

FedSmith.com author Benjamin DergeBy Benjamin DergeFeb 26, 2026 1:41 PM Categories Pay & Benefits Leave a comment
Life insurance policy application and currency on a table

Federal employees may get a refund of FEGLI Option C premiums if no eligible family members were covered while premiums were deducted.

Decade-Long Executive Pay Freeze Continues to Impact Federal Workforce

FedSmith.com author Ralph R. SmithBy Ralph R. SmithFeb 23, 2026 8:05 AM Categories Pay & Benefits Leave a comment
One dollar bill frozen in a block of cracked ice depicting a pay freeze/no raise

Federal leaders face another year of pay caps, as a long-running pay freeze continues to shape salaries and create ripple effects across top government roles.

New Legislation Seeks to Prohibit TSP Investment in Adversary Nations

FedSmith.com author Ian SmithBy Ian SmithFeb 18, 2026 8:35 AM | Updated: Feb 19, 2026 9:16 AM Categories Pay & Benefits Leave a comment
Currency note with the face of a $100 bill next to the Chinese yuan with a torn edge between the two overlaid on top of a world map

A new bill would ban TSP investments in countries like China to ensure federal employees’ and retirees’ savings don’t support countries posing U.S. security risks.

Federal Employees Could See 4.1% Pay Raise in 2027 Under New Bill

FedSmith.com author Ian SmithBy Ian SmithFeb 11, 2026 11:18 AM | Updated: Feb 12, 2026 4:33 PM Categories Pay & Benefits Leave a comment
stack of cash on a white background

The 2027 federal pay raise debate has begun. New legislation proposes a 4.1% raise for the federal workforce next year.

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Daily TSP Performance

April 2, 2026

Fund Last % YTD
G Fund $19.7963 +0.01% +1.06%
F Fund $20.9356 +0.20% +0.26%
C Fund $105.6450 +0.12% -3.53%
S Fund $100.3576 +0.53% -0.05%
I Fund $57.2704 -0.76% +3.20%
L Income $29.4145 -0.02% +0.59%
L 2030 $58.1283 -0.06% +0.05%
L 2035 $17.6610 -0.08% -0.10%
L 2040 $67.6388 -0.08% -0.22%
L 2045 $18.6971 -0.09% -0.31%
L 2050 $41.3811 -0.10% -0.41%
L 2055 $21.2798 -0.14% -0.70%
L 2060 $21.2773 -0.14% -0.70%
L 2065 $21.2747 -0.14% -0.70%
L 2070 $12.6091 -0.14% -0.70%
L 2075 $11.0141 -0.14% -0.70%
Get detailed TSP data at TSPDataCenter.com

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