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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.

CBO Estimates Costs of Veterans’ Pension Legislation

FedSmith.com author Ian SmithBy Ian SmithSep 24, 2018 10:51 AM | Updated: Oct 2, 2018 11:35 AM Categories Pay & Benefits Leave a comment

CBO offered an analysis of what it would cost the government to pay for computational errors affecting veterans’ military service deposits and pensions.

Congress, Political Objectives, and Your TSP

FedSmith.com author Ralph R. SmithBy Ralph R. SmithSep 23, 2018 11:07 AM | Updated: Oct 13, 2018 12:32 PM Categories Pay & Benefits Leave a comment

Should the TSP be used as a way to achieve social and political objectives?

Changes Coming Soon to the L Funds

FedSmith.com author Ian SmithBy Ian SmithSep 21, 2018 12:55 PM | Updated: Sep 28, 2018 11:12 AM Categories Pay & Benefits Leave a comment

The TSP announced that changes will be coming soon to the L funds.

“Climate Choice” and Your TSP Investments

FedSmith.com author Ralph R. SmithBy Ralph R. SmithSep 13, 2018 3:11 PM | Updated: Jul 5, 2019 10:41 AM Categories Pay & Benefits Leave a comment

An Oregon Senator wants to give federal employees a new TSP investment option as a way of fighting climate change.

Federal Pay – Primum Non Nocere

By Jeff NealSep 13, 2018 12:14 PM Categories Pay & Benefits Leave a comment

When it comes to considering a pay raise for federal employees next year, the author says that he believes the best approach is to “first, do no harm.”

Growing Bipartisan Opposition to the Proposed Pay Freeze

FedSmith.com author Ian SmithBy Ian SmithSep 13, 2018 9:07 AM Categories Pay & Benefits Leave a comment

A growing number of lawmakers on both sides of the political aisle are urging President Trump to reconsider the proposed 2019 pay freeze.

New Law Will Give Some VA Federal Employees Additional Paid Leave

FedSmith.com author Ian SmithBy Ian SmithSep 11, 2018 3:26 PM | Updated: Sep 18, 2018 7:33 PM Categories Pay & Benefits Leave a comment

A new law will provide disabled veterans in medical positions at the VA with additional paid leave to seek medical treatment.

Lawmakers Express Opposition to the Pay Freeze

FedSmith.com author Ian SmithBy Ian SmithSep 11, 2018 12:14 PM Categories Pay & Benefits Leave a comment

Several lawmakers have expressed their opposition to the proposed 2019 pay freeze and are working to implement a pay raise instead.

How has the VA Improvement and Modernization Act Changed the Appeals Process?

By Cassandra CrosbySep 11, 2018 9:04 AM | Updated: Nov 12, 2019 9:56 AM Categories Pay & Benefits Leave a comment

How has the VA disability appeals process changed since reform legislation was passed in 2017?

Federal Employee Pay Raises and Inflation

FedSmith.com author Ralph R. SmithBy Ralph R. SmithSep 10, 2018 2:26 PM | Updated: Sep 16, 2018 10:36 AM Categories Pay & Benefits Leave a comment

How do annual federal employee pay increases compare with the annual inflation rate? Here is a chart showing 23 years of data.

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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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