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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.

Senators Ask TSA for Status on Shutdown Back Pay

FedSmith.com author Ian SmithBy Ian SmithMar 14, 2019 6:56 PM | Updated: Mar 25, 2019 4:09 PM Categories Pay & Benefits Leave a comment

A group of Senators are asking when some TSA employees can expect to receive back pay they are owed from the recent shutdown.

The President’s Budget and the Civil Service

By Jeff NealMar 14, 2019 11:39 AM Categories Pay & Benefits Leave a comment

The White House budget proposal contains suggestions federal employees will mostly not like. The author summarizes them and what they mean in the bigger picture.

Bad News: Tax Refunds Are Up This Year

FedSmith.com author Ian SmithBy Ian SmithMar 13, 2019 10:48 AM Categories Pay & Benefits Leave a comment

Recent IRS data show that the amount of the average tax refund has risen over last year, but is this really something to get excited about?

Another Pay Freeze Proposed for 2020

FedSmith.com author Ian SmithBy Ian SmithMar 11, 2019 2:20 PM | Updated: Mar 22, 2019 1:09 PM Categories Pay & Benefits Leave a comment

The White House has proposed a pay freeze for federal employees for the second year in a row.

Benefits Cuts Resurface in 2020 Budget Proposal

FedSmith.com author Ian SmithBy Ian SmithMar 11, 2019 1:31 PM | Updated: Mar 22, 2019 1:09 PM Categories Pay & Benefits Leave a comment

Although not directly mentioned, some of the same cuts to federal employees’ benefits appeared in the 2020 budget proposal.

Your Federal Benefits: What Should Your Primary Survivor Do When You Die?

By Ehren ClovisMar 7, 2019 3:28 PM | Updated: Jul 28, 2020 5:38 PM Categories Pay & Benefits Leave a comment

There are important actions your primary survivor needs to take regarding your federal benefits in the event of your death.

The Debt Ceiling and the G Fund: Here We Go Again

FedSmith.com author Ralph R. SmithBy Ralph R. SmithMar 6, 2019 3:44 PM | Updated: Mar 16, 2019 5:49 PM Categories Pay & Benefits Leave a comment

The government is using two federal employee retirement accounts to avoid hitting the debt ceiling as the country’s debt continues its steady growth.

2 TSP Funds Up 11% and 17% So Far in 2019

FedSmith.com author Ralph R. SmithBy Ralph R. SmithMar 1, 2019 11:09 AM | Updated: Mar 12, 2019 4:53 PM Categories Pay & Benefits Leave a comment

Which TSP funds have returns of more than 11% and 17% so far in 2019?

Senators Ask for Timeframe on Pay Raise

FedSmith.com author Ian SmithBy Ian SmithMar 1, 2019 7:33 AM | Updated: Mar 11, 2019 2:15 PM Categories Pay & Benefits Leave a comment

A group of Senators from states in which many federal employees reside have asked OMB for a timeframe on when the pay raise can be expected.

OPM Provides FAQs on IRS Health Insurance Forms

FedSmith.com author Ian SmithBy Ian SmithFeb 28, 2019 3:18 PM | Updated: Mar 10, 2019 9:33 AM Categories Pay & Benefits Leave a comment

OPM has provided some frequently asked questions regarding government health insurance requirements under FEHB for tax year 2018.

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Daily TSP Performance

May 1, 2026

Fund Last % YTD
G Fund $19.8657 +0.01% +1.42%
F Fund $20.9401 +0.12% +0.28%
C Fund $116.0963 +0.29% +6.01%
S Fund $109.4965 +0.40% +9.05%
I Fund $61.5532 -0.18% +10.92%
L Income $30.1996 +0.05% +3.27%
L 2030 $61.0590 +0.09% +5.10%
L 2035 $18.7105 +0.11% +5.83%
L 2040 $71.9984 +0.11% +6.21%
L 2045 $19.9834 +0.12% +6.54%
L 2050 $44.4091 +0.13% +6.88%
L 2055 $23.1647 +0.14% +8.10%
L 2060 $23.1620 +0.14% +8.10%
L 2065 $23.1591 +0.14% +8.10%
L 2070 $13.7260 +0.14% +8.10%
L 2075 $11.9897 +0.14% +8.10%
Get detailed TSP data at TSPDataCenter.com

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