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Federal Employee Pay News

Federal employee pay news: If it impacts pay and benefits for federal employees, you’ll find it here. Topics include TSP, FEHB, or 2023 federal pay raise, 2023 GS locality pay, 2023 GS pay scale, OPM and GS pay news.

15% Increase in Number of TSP Millionaires to Start 2023

FedSmith.com author Ian SmithBy Ian SmithMay 25, 2023 4:39 PM Categories Federal Employee Pay News Leave a comment

A rising stock market has led to a significant increase in the number of TSP millionaires during the first quarter of 2023.

A New Era in Government? Debt Ceiling and the TSP

FedSmith.com author Ralph R. SmithBy Ralph R. SmithMay 23, 2023 1:21 PM Categories Federal Employee Pay News Leave a comment

TSP returns are positive as we near the end of May. What will happen if the debt ceiling is not raised?

TSP and Investing in Companies Supporting Chinese Communist Party

FedSmith.com author Ralph R. SmithBy Ralph R. SmithUpdated: May 25, 2023 9:12 AM Categories Federal Employee Pay News 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

Senator Marco Rubio has introduced legislation to restrict investing TSP money into companies with links to China due to national security concerns.

Senate Bill Would Slash Telework Benefits for Federal Employees

FedSmith.com author Ian SmithBy Ian SmithMay 15, 2023 2:18 PM Categories Federal Employee Pay News Leave a comment

Another bill has been introduced to cut telework benefits for federal employees.

Diversity, Equity, Inclusion, and Federal Employee Pay

FedSmith.com author Ralph R. SmithBy Ralph R. SmithUpdated: May 15, 2023 12:15 PM Categories Federal Employee Pay News Leave a comment

Which racial groups have the highest and lowest average salaries? OPM is seeking greater equity by eliminating consideration of prior salary history.

Invest Your TSP Like a Pro and Avoid These Common Mistakes

FedSmith.com author Thiago GliegerBy Thiago GliegerMay 4, 2023 7:43 AM Categories Federal Employee Pay News Leave a comment

Federal employees can boost their retirement savings by avoiding these common TSP investing mistakes.

April TSP Performance: One Stock Fund Up 2.8%; One Fund Down 2.18%

FedSmith.com author Ralph R. SmithBy Ralph R. SmithApril 29, 2023 4:11 PM Categories Federal Employee Pay News Leave a comment

You may be surprised at the positive TSP performance in 2023 driven in part by the least popular TSP stock fund.

Federal Employee Salary Gains: Recommended vs. Real Increases

FedSmith.com author Ralph R. SmithBy Ralph R. SmithApril 28, 2023 10:05 AM Categories Federal Employee Pay News 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

Federal employee salary levels are going up faster than the approved raise amount. Here are the actual federal employee salary increases in recent years.

Legislation Would Require FEHB Plans to Cover Infertility Treatments

FedSmith.com author Ian SmithBy Ian SmithApril 26, 2023 2:08 PM Categories Federal Employee Pay News Leave a comment

New legislation would require FEHB plans to cover in-vitro fertilization (IVF) and assisted reproductive technology (ART) services for federal employees.

TSP Participant Changes: L Funds Growing, C Fund Popularity Drops

FedSmith.com author Ralph R. SmithBy Ralph R. SmithApril 25, 2023 1:23 PM Categories Federal Employee Pay News Leave a comment

TSP participation is changing as the L Funds grow. The C Fund is no longer the most popular TSP Fund.

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Daily TSP Performance

May 26, 2023

Fund Last % YTD
G Fund $17.5004 +0.01% +1.54%
F Fund $18.4739 +0.07% +1.46%
C Fund $64.9565 +1.31% +10.27%
S Fund $64.4145 +1.47% +4.69%
I Fund $37.1748 +0.96% +9.52%
L Income $23.6452 +0.31% +3.48%
L 2025 $11.9441 +0.46% +4.56%
L 2030 $41.5215 +0.74% +6.26%
L 2035 $12.3715 +0.81% +6.71%
L 2040 $46.4774 +0.88% +7.15%
L 2045 $12.6391 +0.94% +7.53%
L 2050 $27.5228 +1.00% +7.91%
L 2055 $13.3960 +1.20% +9.24%
L 2060 $13.3945 +1.20% +9.24%
L 2065 $13.3928 +1.20% +9.24%
Get detailed TSP data at TSPDataCenter.com

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