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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.

Pay Raise Likely to Hit in Early Spring

FedSmith.com author Ian SmithBy Ian SmithFeb 27, 2019 6:03 PM | Updated: Mar 9, 2019 7:36 AM Categories Pay & Benefits Leave a comment

When can federal employees expect to see the 2019 pay raise, and what is causing the delay?

When Will the Pay Raise Be Implemented?

FedSmith.com author Ian SmithBy Ian SmithFeb 26, 2019 7:37 AM | Updated: Mar 7, 2019 5:54 PM Categories Pay & Benefits Leave a comment

One federal employee union has started asking the same question that FedSmith readers have been asking for days: When is the pay raise coming?

Study Offers Financial Lessons to be Learned from the Government Shutdown

FedSmith.com author Ian SmithBy Ian SmithFeb 25, 2019 1:44 PM Categories Pay & Benefits Leave a comment

A recent survey offers financial lessons that not only federal employees, but all Americans can take away from the recent government shutdown.

Pay Agent: Pay Disparity Gap Lacks Credibility

FedSmith.com author Ralph R. SmithBy Ralph R. SmithFeb 24, 2019 11:29 AM | Updated: Mar 5, 2019 7:19 AM Categories Pay & Benefits Leave a comment

The President’s Pay Agent report for 2019 has been released outlining approval of new and expanded locality pay areas.

Bill Proposes to Fix Credit Reports for Federal Employees

FedSmith.com author Ian SmithBy Ian SmithFeb 20, 2019 10:58 AM | Updated: Mar 1, 2019 12:24 PM Categories Pay & Benefits Leave a comment

A new bill would force credit bureaus to remove negative information on federal employees’ credit reports that resulted from the recent government shutdown.

How Will the Pay Raise Impact Locality Pay?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithFeb 18, 2019 7:26 AM | Updated: Feb 28, 2019 8:47 AM Categories Pay & Benefits Leave a comment

How will the 2019 pay raise impact locality pay, and what does the Pay Agent have to say about new locality pay areas?

It’s Official: Federal Employees Are Getting a Raise in 2019

FedSmith.com author Ian SmithBy Ian SmithFeb 15, 2019 3:05 PM | Updated: Dec 16, 2020 7:40 AM Categories Pay & Benefits Leave a comment

Thanks to the spending bill that just became law, federal employees will have a pay raise in 2019, overriding the pay freeze that was previously in place.

The Best Credit Unions for Federal Employees

By Jason KayFeb 15, 2019 2:52 PM | Updated: Dec 9, 2020 9:18 AM Categories Pay & Benefits Leave a comment

If you have ever considered joining a credit union, these are some that offer membership and benefits for federal employees and military.

Study Says Federal Employees Weren’t Prepared for the Shutdown

FedSmith.com author Ian SmithBy Ian SmithFeb 14, 2019 12:41 PM | Updated: Dec 16, 2020 7:04 AM Categories Pay & Benefits Leave a comment

A recent study looked at the ways and extent to which federal employees’ lives were disrupted by the recent shutdown.

1.9% Retroactive Pay Raise Now Likely

FedSmith.com author Ralph R. SmithBy Ralph R. SmithFeb 14, 2019 7:27 AM | Updated: Dec 16, 2020 7:40 AM Categories Pay & Benefits Leave a comment

A raise of 1.9% appears more likely than seemed possible a few weeks ago. Here is the latest.

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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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