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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.

Despite Rising 2022 Inflation, FY 2023 Per Diem Rates See Little Change

FedSmith.com author Ian SmithBy Ian SmithAugust 18, 2022 1:25 PM Categories Federal Employee Pay News Leave a comment

GSA has released the FY 2023 per diem rates.

Federal Salary Council Adopts “Pro-labor Recommendations” to Raise Pay for Upwards of 30,000 Federal Employees

FedSmith.com author Ralph R. SmithBy Ralph R. SmithAugust 15, 2022 7:12 AM Categories Federal Employee Pay News Leave a comment

The Federal Salary Council is recommending changes to raise pay for “tens of thousands” of federal employees.

TSP Investments in China: No TSP for the CCP?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithAugust 11, 2022 11:53 AM Categories Federal Employee Pay News Leave a comment

Chinese investments through the TSP mutual fund window are creating political controversy and national security concerns.

FSC Says Federal Employee Pay Disparity Now at 22.47%

FedSmith.com author Ian SmithBy Ian SmithAugust 9, 2022 4:06 PM Categories Federal Employee Pay News Leave a comment

The Federal Salary Council said that federal employees are underpaid by an average of over 20%. Does this mean you should expect a pay raise of this size?

Number of TSP Millionaires Going Down: 36% Drop From Highest Point

FedSmith.com author Ralph R. SmithBy Ralph R. SmithAugust 8, 2022 1:30 PM Categories Federal Employee Pay News Leave a comment

The number of TSP millionaires continues to drop in the midst of the highest inflation rates in 40 years. Here is the latest number as of the end of June 2022.

Average Federal Salary by Year, Gender, and Race: 2017 – 2021

FedSmith.com author Ralph R. SmithBy Ralph R. SmithUpdated: August 9, 2022 12:43 PM Categories Federal Employee Pay News Leave a comment

How much has the average federal salary increased in recent years? Which race or gender had the highest average salary in 2021?

How to Use the G Fund in Bear Markets

FedSmith.com author Thiago GliegerBy Thiago GliegerAugust 5, 2022 9:42 AM Categories Federal Employee Pay News Leave a comment

Federal employees frequently move into the G Fund in their TSP accounts during bear markets. Do you really know how to use this unique TSP fund?

July is Best Month for TSP Performance Since Trump Administration: One Fund Up 10.32%

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJuly 31, 2022 11:22 AM Categories Federal Employee Pay News Leave a comment

TSP performance in July was a bright spot in a dismal year for TSP fund returns. One TSP Fund was up 10.32% for the month but is still down for the year.

4.6% 2023 Pay Raise Moves Along and Senate Action on Pay Freeze

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJuly 29, 2022 10:59 AM Categories Federal Employee Pay News Leave a comment

The 2023 pay raise is moving and still at 4.6%. Action is also taking place in the Senate on removing the long pay freeze for some senior officials.

Lawmakers Want GAO Investigation of TSP Over Website Problems

FedSmith.com author Ian SmithBy Ian SmithJuly 27, 2022 1:21 PM Categories Federal Employee Pay News Leave a comment

A group of House Democrats have requested a GAO investigation into problems stemming from the rollout of the new TSP website.

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Daily TSP Performance

March 27, 2023

Fund Last % YTD
G Fund $17.3946 +0.03% +0.92%
F Fund $18.6854 -0.96% +2.63%
C Fund $61.2737 +0.16% +4.02%
S Fund $62.6866 +0.91% +1.88%
I Fund $35.6894 +0.76% +5.15%
L Income $23.2750 +0.08% +1.86%
L 2025 $11.6896 +0.14% +2.33%
L 2030 $40.2627 +0.24% +3.04%
L 2035 $11.9693 +0.25% +3.24%
L 2040 $44.8614 +0.28% +3.43%
L 2045 $12.1759 +0.30% +3.59%
L 2050 $26.4597 +0.32% +3.74%
L 2055 $12.7729 +0.47% +4.16%
L 2060 $12.7717 +0.47% +4.16%
L 2065 $12.7702 +0.47% +4.16%
Get detailed TSP data at TSPDataCenter.com

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