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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.

New TSP Fund Leader in May

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJun 1, 2018 1:07 PM | Updated: Jun 11, 2018 7:03 AM Categories Pay & Benefits Leave a comment

Which TSP fund had the best returns in May?

TSP Provides Update on Implementing TSP Modernization Act

FedSmith.com author Ian SmithBy Ian SmithMay 31, 2018 2:49 PM Categories Pay & Benefits Leave a comment

The TSP has provided new information on the implementation of the TSP Modernization Act.

FEDVIP Coming Soon for Military Families

FedSmith.com author Ian SmithBy Ian SmithMay 29, 2018 10:52 AM | Updated: Jun 6, 2018 12:47 PM Categories Pay & Benefits Leave a comment

OPM is reminding military families that they will need to participate in the federal benefits open season this year for FEDVIP dental and vision coverage.

CBO Says Increased Retirement Contributions Would Save $109 Billion

FedSmith.com author Ian SmithBy Ian SmithMay 27, 2018 6:20 PM | Updated: Jun 5, 2018 10:20 AM Categories Pay & Benefits Leave a comment

A CBO report says that increasing federal employees’ share of retirement contributions would lead to significant savings.

Will My Federal Retirement Benefits Be a Meaningful Source of Income for Me?

FedSmith.com author John GrobeBy John GrobeMay 22, 2018 3:28 PM Categories Pay & Benefits, Q&A Leave a comment

I entered federal service late in my working life (at age 52). Will my federal retirement benefits be a meaningful source of income for me?

TSP Should Remain the Investment of Choice for Federal Employees and Retirees

By Michael WaldMay 21, 2018 2:29 PM | Updated: Aug 23, 2019 1:02 PM Categories Pay & Benefits Leave a comment

While costs for mutual funds and exchange-traded funds continue to decrease, the TSP remains an investment bargain for Federal employees and retirees.

Will Proposed Compensation Changes Help or Hurt Federal Hiring?

By Jeff NealMay 20, 2018 11:23 AM Categories Pay & Benefits Leave a comment

The author offers an analysis of the recent proposals to reduce retirement benefits as they relate to pay and recruiting.

House Committee Hearing Addresses Proposed Benefits Cuts

FedSmith.com author Ian SmithBy Ian SmithMay 17, 2018 11:42 AM | Updated: Jun 29, 2019 4:26 PM Categories Pay & Benefits Leave a comment

A hearing held by a House Committee yesterday addressed recent proposals to cut federal employees’ retirement benefits.

Legislation Reintroduced to Provide Free Lifetime ID Theft Protection for OPM Data Breaches

FedSmith.com author Ian SmithBy Ian SmithMay 15, 2018 10:29 AM | Updated: Aug 9, 2018 6:20 PM Categories Pay & Benefits Leave a comment

Legislation that would provide free lifetime identity theft protection to victims of OPM’s data breaches has been reintroduced in the House.

The Cost of the Proposed Benefits Cuts

FedSmith.com author John GrobeBy John GrobeMay 14, 2018 12:28 PM | Updated: May 21, 2018 7:12 AM Categories Pay & Benefits Leave a comment

The author says that recent proposals will end up reducing federal employees’ benefits by more than the value of the TSP’s F, S and I Funds combined.

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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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