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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.

Average Federal Employee Pay and the Shutdown

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJan 23, 2019 3:10 PM Categories Pay & Benefits Leave a comment

PayPal is offering an interest-free cash advance to federal employees of $500. The announcement is based on a false assumption about federal pay.

Another Bill Would Allow Access to TSP Funds During Shutdown

FedSmith.com author Ian SmithBy Ian SmithJan 23, 2019 1:44 PM Categories Pay & Benefits Leave a comment

Another bill has been introduced to allow federal employees to access the TSP without penalty during the shutdown.

Shutdown, No Pay and Ethics for Federal Employees

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJan 22, 2019 1:53 PM | Updated: Oct 7, 2020 9:07 AM Categories Pay & Benefits Leave a comment

The partial government shutdown continues. What are feds doing to cope with the disruption? Is crowdfunding consistent with federal ethics rules?

Financial Considerations When Leaving for a Private Sector Job

By Micah PorterJan 21, 2019 9:12 AM | Updated: Jul 28, 2020 5:32 PM Categories Pay & Benefits Leave a comment

Thinking of leaving your job as a federal employee? These are some important financial considerations to keep in mind when moving to the private sector.

Bill Would Authorize Interest Free Loans During the Shutdown

FedSmith.com author Ian SmithBy Ian SmithJan 18, 2019 10:56 AM | Updated: Jan 26, 2019 7:19 AM Categories Pay & Benefits Leave a comment

A new legislative proposal would require the Treasury Department to make interest free loans available to federal employees during the shutdown.

Bill Would Let Federal Employees Withdraw From Their Retirement Funds During Shutdown

FedSmith.com author Ian SmithBy Ian SmithJan 17, 2019 8:42 AM | Updated: Jan 26, 2019 7:19 AM Categories Pay & Benefits Leave a comment

Recently introduced legislation would let federal employees and contractors withdraw from retirement accounts without penalty during the shutdown.

President Trump Signs Back Pay Bill

FedSmith.com author Ian SmithBy Ian SmithJan 16, 2019 1:30 PM | Updated: Jan 26, 2019 7:19 AM Categories Pay & Benefits Leave a comment

President Trump has signed legislation into law that guarantees back pay to federal employees.

Bill Introduced to Formally Block Automatic Pay Raises for Senior Officials

FedSmith.com author Ian SmithBy Ian SmithJan 15, 2019 11:20 AM | Updated: Jan 24, 2019 1:34 PM Categories Pay & Benefits Leave a comment

Legislation has been introduced to formalize the continuation of a pay freeze on the vice president and other senior officials during the shutdown.

Will FEHB Coverage Continue During a Shutdown?

FedSmith.com author Ian SmithBy Ian SmithJan 14, 2019 2:17 PM | Updated: Jan 24, 2019 1:34 PM Categories Pay & Benefits, Q&A Leave a comment

Does FEHB coverage ever cease under a partial government shutdown?

Bill Would Let Federal Employees Tap Their TSP Funds During Shutdown

FedSmith.com author Ian SmithBy Ian SmithJan 14, 2019 11:22 AM | Updated: Jan 23, 2019 12:08 PM Categories Pay & Benefits Leave a comment

Recently introduced legislation would allow excepted federal employees to withdraw from the TSP with no penalties to have money during shutdowns.

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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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