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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.

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.

Should Federal Employees Invest in Gold?

FedSmith.com author Anthony BucciBy Anthony BucciFeb 9, 2026 8:18 AM Categories Pay & Benefits Leave a comment
Stack of gold bars against a white background

Gold’s performance has been making headlines recently, but does that make it a good investment for federal employees?

OPM Reinterprets Automatic Back Pay for Furloughed Federal Employees After a Government Shutdown

FedSmith.com author Ian SmithBy Ian SmithFeb 4, 2026 11:33 AM Categories Pay & Benefits Leave a comment
Person's hand drawing dollar signs on a chalkboard around a large question mark

OPM updated its shutdown guidance, putting guaranteed back pay after a government shutdown in doubt for furloughed federal employees.

New Bill Would Guarantee Pay for Federal Employees and Contractors in Government Shutdowns

FedSmith.com author Ian SmithBy Ian SmithFeb 3, 2026 11:04 AM Categories Pay & Benefits Leave a comment
Close up of a person's hands holding hundred dollar bills in a fan shape

Another bill has been introduced to pay federal employees and prevent layoffs during any government shutdowns in FY 2026.

2026 TSP Performance Starts Strong: All TSP Funds Show Positive Return in January

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJan 31, 2026 2:01 PM Categories Pay & Benefits Leave a comment
Vertical stacks of coins growing in size next to a glass jar with a green plant growing out of the top labeled 'investment'

After the first month of 2026, one TSP fund continues to lead. Here’s a 10-year perspective to offer a broader view of TSP performance.

OPM Expands 2026 Special 3.8% Pay Raise to More Federal Law Enforcement Positions

FedSmith.com author Ian SmithBy Ian SmithJan 30, 2026 7:35 AM Categories Pay & Benefits Leave a comment
Two stacks of cash on the ends of an evenly balanced balance beam; the stack on the left is smaller than the one on the right

More federal employees in law enforcement positions will be eligible to get a higher pay raise in 2026.

Two Paychecks, Two TSP Matches?

FedSmith.com author Francis Xavier (FX) BergmeisterBy Francis Xavier (FX) BergmeisterJan 29, 2026 12:43 PM Categories Pay & Benefits Leave a comment

Federal employees who are Reservists and Guardsmen can receive both military and civilian TSP matches.

Bill Would Give Some Federal Employees a 35% Pay Raise

FedSmith.com author Ian SmithBy Ian SmithJan 21, 2026 4:54 PM Categories Pay & Benefits Leave a comment
5 vertical stacks of coins on a wooden surface growing in height as they go from left to right with the word 'salary' written on a small chalkboard sign behind the stacks

Some federal employees would see a massive pay raise if a recently introduced bill were to become law.

A Half-Century of Federal Pay Raises: Examining Patterns Across Administrations

FedSmith.com author Ian SmithBy Ian SmithJan 21, 2026 6:20 AM Categories Pay & Benefits Leave a comment
Spread of four $100 bills with a question mark pictured overlaid on top of them expressing doubt or uncertainty about a pay raise

How have pay raises for federal employees fared since 1970?

TSP Millionaires Hit New Record—Nearly 195,000 and Counting

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJan 13, 2026 1:07 PM Categories Pay & Benefits, Retirement Leave a comment
Word 'millionaire' displayed in the center of a tablet on a desk next to a calculator and file folders

The number of TSP millionaires hit a new record in December 2025, proof that disciplined investing over time pays off.

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Daily TSP Performance

February 13, 2026

Fund Last % YTD
G Fund $19.6894 +0.01% +0.52%
F Fund $21.1707 +0.24% +1.38%
C Fund $109.5106 +0.06% 0.00%
S Fund $103.8681 +1.04% +3.45%
I Fund $60.8406 +0.23% +9.64%
L Income $29.6704 +0.09% +1.46%
L 2030 $59.5027 +0.16% +2.42%
L 2035 $18.1589 +0.18% +2.71%
L 2040 $69.7545 +0.20% +2.90%
L 2045 $19.3316 +0.21% +3.07%
L 2050 $42.8927 +0.22% +3.23%
L 2055 $22.2278 +0.25% +3.73%
L 2060 $22.2254 +0.25% +3.73%
L 2065 $22.2229 +0.25% +3.73%
L 2070 $13.1713 +0.25% +3.73%
L 2075 $11.5052 +0.25% +3.73%
Get detailed TSP data at TSPDataCenter.com

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