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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.

Shutdown Announcement from the TSP

FedSmith.com author Ian SmithBy Ian SmithJan 9, 2019 12:50 PM Categories Pay & Benefits Leave a comment

The TSP made an announcement regarding suspension of loan payments and the ongoing shutdown.

Bill Would Withhold Lawmakers’ Paychecks During Shutdowns

FedSmith.com author Ian SmithBy Ian SmithJan 8, 2019 11:22 AM | Updated: Jan 14, 2019 11:00 AM Categories Pay & Benefits Leave a comment

Members of Congress currently continue to get paid during government shutdowns, but a new bill would change that if it were to become law.

The Vice President is Poised to Get a Raise This Year

FedSmith.com author Ian SmithBy Ian SmithJan 4, 2019 2:26 PM | Updated: Oct 7, 2020 5:44 AM Categories Pay & Benefits Leave a comment

Congress allowed a provision to expire that would give an automatic pay raise to the vice president and certain political officials, but OPM says to keep the pay freeze for now.

Legislation Reintroduced to Provide Back Pay for Shutdown

FedSmith.com author Ian SmithBy Ian SmithJan 3, 2019 7:27 PM | Updated: Jan 11, 2019 4:03 PM Categories Pay & Benefits Leave a comment

Legislation has been introduced in the new Congress to guarantee back pay to federal employees furloughed by the ongoing shutdown.

New Law Allows Agencies to Pay Interest for Mistakes on Military Service Deposits

FedSmith.com author Ian SmithBy Ian SmithJan 3, 2019 2:37 PM | Updated: Jan 10, 2019 3:29 PM Categories Pay & Benefits Leave a comment

A new law would authorize agencies to pay interest to federal employees on mistakes made in calculating military service deposits.

Some K-9 Handlers Earned More Than the Vice President in 2017

FedSmith.com author Ian SmithBy Ian SmithJan 3, 2019 10:32 AM | Updated: Jan 10, 2019 3:29 PM Categories Pay & Benefits Leave a comment

Thanks to racking up overtime, some federal employees at the Federal Protective Service had salaries upwards of $200k in 2017. Are they legitimate?

House Democrats’ Bill to Reopen Government Includes Pay Raise

FedSmith.com author Ian SmithBy Ian SmithJan 2, 2019 2:47 PM | Updated: Jan 10, 2019 9:49 AM Categories Pay & Benefits Leave a comment

House Democrats have unveiled legislation to end the partial government shutdown that includes a pay raise for federal employees.

How Much Did TSP Funds Drop in 2018?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJan 2, 2019 11:18 AM | Updated: Feb 27, 2020 1:06 PM Categories Pay & Benefits Leave a comment

TSP stock funds were all down in 2018 but bond funds are up. Here is a summary of how TSP funds finished out the year.

Can You Get Unemployment Benefits During the Shutdown?

FedSmith.com author Ian SmithBy Ian SmithJan 2, 2019 8:42 AM | Updated: Feb 21, 2020 2:06 PM Categories Pay & Benefits Leave a comment

Can furloughed federal employees get unemployment benefits during the shutdown? OPM has provided important information about the options.

AFGE Sues Government Over the Shutdown

FedSmith.com author Ian SmithBy Ian SmithDec 31, 2018 6:24 PM Categories Pay & Benefits, Court Cases Leave a comment

AFGE has sued the federal government over the partial shutdown for requiring some federal employees to work without pay.

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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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