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Current Events

Current news and events impacting the federal workforce, both current federal employees and federal retirees.

House Committee Demands Answers on Ineligible FEHB Participants

FedSmith.com author Ian SmithBy Ian SmithUpdated: January 24, 2023 2:25 PM Categories Current Events Leave a comment

A recent report highlighting billions in potential waste in the FEHB program caught the attention of the House Oversight Committee.

Bill Would Make Rosa Parks Day a New Paid Holiday for Federal Employees

FedSmith.com author Ian SmithBy Ian SmithJanuary 20, 2023 10:27 AM Categories Current Events Leave a comment

Legislation has been reintroduced to establish a new federal holiday known as Rosa Parks Day.

Bill Would Prohibit Federal Employees From Censoring Free Speech

FedSmith.com author Ian SmithBy Ian SmithJanuary 19, 2023 9:22 AM Categories Current Events Leave a comment
Word 'censored' displayed on a laptop computer screen sitting on a desk next to a smartphone and coffee cup

Recently introduced legislation would prohibit federal employees from censoring free speech or pressuring social media companies to censor speech.

DoD Officially Drops COVID Vaccine Mandate for Military

FedSmith.com author Ian SmithBy Ian SmithJanuary 11, 2023 9:05 AM Categories Current Events Leave a comment
Close up of a row of bottles of COVID-19 vaccines

The Pentagon has formally rescinded the military COVID vaccination requirement as part of the 2023 NDAA.

The Holman Rule: Striking Fear in the Federal Bureaucracy

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJanuary 10, 2023 10:34 AM Categories Current Events Leave a comment
Portrait of Congressman William Holman (D-IN)

The Holman Rule allows cutting specific government programs or even specific federal employees. Here is how it has been used and why it has resurfaced.

Omnibus Spending Bill: Hidden Requirements Impacting Federal Employees

FedSmith.com author Ralph R. SmithBy Ralph R. SmithUpdated: January 10, 2023 3:25 PM Categories Current Events Leave a comment
US flag waving with an image of a $100 bill blended into it

The 2023 Omnibus Spending Bill that passed is more than 4000 pages long. Embedded are numerous requirements federal agencies must follow. Here are a few of them.

Federal Employees Are Now Banned From Using TikTok

FedSmith.com author Ian SmithBy Ian SmithUpdated: January 3, 2023 12:12 PM Categories Current Events Leave a comment
Smartphone on a wireless charge displaying the TikTok logo on its screen

A provision inside of the 2023 omnibus spending bill will prohibit federal employees from using TikTok on government issued devices.

Dr. Anthony Fauci Retiring With Large Annuity, Still Facing Criticism Over Performance at NIAID

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJanuary 2, 2023 10:54 AM Categories Current Events Leave a comment

Dr. Anthony Fauci previously announced his retirement by the end of December. He will retire with a substantial net worth, a large retirement package, and facing more criticism over his tenure as a federal employee.

2022 in Review: 2023 Federal Pay Raise, Federal Employee Vaccine Mandate and More

FedSmith.com author Ian SmithBy Ian SmithDecember 30, 2022 10:12 AM Categories Current Events Leave a comment

Historic inflation, COLA, pay raise and problems related to the TSP website: a recap of 2022 for federal employees.

IRS Increases Business Mileage Rate for 2023

FedSmith.com author Ian SmithBy Ian SmithUpdated: December 30, 2022 3:17 PM Categories Current Events Leave a comment

The IRS has increased the vehicle mileage rate for 2023 by 3 cents over the 2022 figure.

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Daily TSP Rates

January 27, 2023

Fund Last % YTD
G Fund $17.2859 +0.01% +0.29%
F Fund $18.7842 -0.05% +3.17%
C Fund $62.5031 +0.25% +6.11%
S Fund $67.6445 +0.83% +9.94%
I Fund $36.8512 -0.16% +8.57%
L Income $23.3499 +0.05% +2.18%
L 2025 $11.7887 +0.07% +3.20%
L 2030 $40.9362 +0.11% +4.76%
L 2035 $12.1983 +0.12% +5.21%
L 2040 $45.8251 +0.13% +5.65%
L 2045 $12.4635 +0.14% +6.04%
L 2050 $27.1382 +0.15% +6.40%
L 2055 $13.1782 +0.19% +7.46%
L 2060 $13.1770 +0.19% +7.46%
L 2065 $13.1756 +0.19% +7.47%
Get detailed TSP data at TSPDataCenter.com

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