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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.

Federal Benefits Open Season Coming This Fall

FedSmith.com author Ian SmithBy Ian SmithSep 6, 2018 11:32 AM | Updated: Sep 14, 2018 12:20 PM Categories Pay & Benefits Leave a comment

The annual open season for selecting your 2019 federal benefits will take place this fall. This is some important initial information for you to know.

Which TSP Fund is on Top in 2018?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithSep 4, 2018 11:27 AM | Updated: Feb 27, 2020 1:06 PM Categories Pay & Benefits Leave a comment

Which TSP fund has a return of more than 23% in the last 12 months? Which fund has the lowest return? Here is a summary.

Trump to ‘Study’ Federal Workers’ Pay Over Labor Day Weekend

FedSmith.com author Ian SmithBy Ian SmithAug 31, 2018 8:07 PM | Updated: Jul 6, 2019 10:06 AM Categories Pay & Benefits Leave a comment

President Trump said in a speech today that he will “study” the issue of pay for federal workers over the weekend. What exactly does this mean?

White House: No Pay Raise for Federal Employees in 2019

FedSmith.com author Ian SmithBy Ian SmithAug 30, 2018 2:47 PM | Updated: Sep 9, 2018 8:27 AM Categories Pay & Benefits Leave a comment

The White House wants to move forward with its proposed pay freeze for federal employees in 2019.

Longest Bull Market in History: What Does This Mean for the TSP?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithAug 27, 2018 2:19 PM | Updated: Sep 6, 2018 5:41 PM Categories Pay & Benefits Leave a comment

We are in the midst of the longest bull market in history. What does this mean for TSP investors?

DOL Pay Freeze Dropped from Senate Spending Bill

FedSmith.com author Ian SmithBy Ian SmithAug 27, 2018 8:21 AM | Updated: Sep 4, 2018 11:27 AM Categories Pay & Benefits Leave a comment

A proposal to freeze pay for Labor Department employees was left out of a recently passed spending bill.

Removing a Family Member from the FEHB

FedSmith.com author Ralph R. SmithBy Ralph R. SmithAug 22, 2018 10:44 AM | Updated: Aug 30, 2018 9:57 AM Categories Pay & Benefits Leave a comment

When can a family member be removed from some FEHB plans? Here is OPM’s explanation.

Senator Proposes Pay Freeze for DOL Employees

FedSmith.com author Ian SmithBy Ian SmithAug 20, 2018 11:33 AM | Updated: Jun 30, 2019 5:12 PM Categories Pay & Benefits Leave a comment

One Senator recently proposed a freeze on pay raises for federal employees at the Labor Department.

IRS Encourages Taxpayers to Do a ‘Paycheck Checkup’

FedSmith.com author Ian SmithBy Ian SmithAug 17, 2018 2:54 PM | Updated: Aug 26, 2018 5:45 PM Categories Pay & Benefits Leave a comment

The IRS is advising taxpayers to verify their paycheck withholding amounts to ensure they don’t end up with a big refund next year.

The High-Five Average Salary

By Robert F. BensonAug 16, 2018 3:25 PM Categories Pay & Benefits Leave a comment

There has been discussion in Congress of switching annuity calculations to a high 5 average salary. What is the potential impact on a federal employee’s annuity?

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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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