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Reinstated Reporting Shows Official Time Costs Rose 54% Over Five Years

FedSmith.com author Ian SmithBy Ian SmithFeb 6, 2026 8:29 AM Categories Human Resources Leave a comment
vertical stacks of coins growing in size from left to right with wooden blocks with percentage signs on top of them

OPM has resumed publishing official time reports, and the new data show that costs have risen sharply over a five-year period.

Retirement Surge Pushes OPM Retirement Backlog Over 54k in January

FedSmith.com author Ian SmithBy Ian SmithFeb 5, 2026 4:40 PM Categories Federal Employee Retirement Leave a comment
Businessman touching an icon with various other icons overlaid on the image

The OPM retirement backlog topped 54,000 in January, but digital processing is improving efficiency.

Schedule F and Draining the Swamp: ~50,000 Federal Jobs May Lose Civil-Service Appeal Rights

FedSmith.com author Ralph R. SmithBy Ralph R. SmithFeb 5, 2026 10:40 AM Categories Human Resources Leave a comment
close up of a businessman holding a card that reads 'new rules'

OPM issued a final Schedule F rule, stripping civil-service appeals from ~50K federal employees to ease firing and reduce efforts to derail policy initiatives.

New Federal Report Shows RTO Backfires on Federal Talent

FedSmith.com author Gleb TsipurskyBy Gleb TsipurskyFeb 5, 2026 9:07 AM Categories Human Resources Leave a comment

A recent GAO report found that limiting telework at SSA led to recruiting challenges.

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 Federal Employee Pay News 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.

Affair Costs CBP Area Port Director His Job

FedSmith.com author Susan McGuire SmithBy Susan McGuire SmithFeb 4, 2026 8:20 AM Categories Court Cases Leave a comment
Judge's gavel on a desk with a law book

A CBP Port Director removed based on an affair with a subordinate officer appealed to the court to try to win his job back.

Government Shutdown Officially Over

FedSmith.com author Ian SmithBy Ian SmithFeb 3, 2026 3:30 PM Categories Current Events

The partial government shutdown that began last weekend officially ended on Tuesday.

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 Federal Employee Pay News 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.

Why “Safe” Withdrawal Rates Depend on the Type of Account You’re Spending From

By Nigel ValdezFeb 3, 2026 8:25 AM Categories Federal Employee Retirement Leave a comment
Stack of cash in front of a small black sign with white writing that reads 'retirement' against a wooden background

Safe retirement withdrawal rates depend on the account type, as tax drag reduces sustainability for taxable and traditional IRA accounts.

“Official Time” in Agencies: What Does It Cost, and Why Is It a Political Football?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithFeb 2, 2026 1:23 PM Categories Human Resources Leave a comment
Old style alarm clock on a pile of cash

Hundreds of millions fund government union activity, and politics underlies official time and its use. 2026 is no exception.

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Daily TSP Performance

February 6, 2026

Fund Last % YTD
G Fund $19.6733 +0.01% +0.44%
F Fund $20.9849 -0.01% +0.49%
C Fund $111.0064 +1.97% +1.36%
S Fund $104.7706 +3.57% +4.35%
I Fund $59.6342 +1.96% +7.46%
L Income $29.6473 +0.60% +1.38%
L 2030 $59.4887 +1.24% +2.39%
L 2035 $18.1568 +1.43% +2.70%
L 2040 $69.7519 +1.56% +2.90%
L 2045 $19.3324 +1.66% +3.07%
L 2050 $42.8995 +1.77% +3.24%
L 2055 $22.2509 +2.15% +3.83%
L 2060 $22.2484 +2.15% +3.83%
L 2065 $22.2458 +2.15% +3.83%
L 2070 $13.1848 +2.15% +3.83%
L 2075 $11.5170 +2.15% +3.83%
Get detailed TSP data at TSPDataCenter.com

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