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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.

Pon Hints at Major Changes Coming to Federal Compensation System

FedSmith.com author Ralph R. SmithBy Ralph R. SmithMay 10, 2018 12:51 PM | Updated: May 21, 2018 7:11 AM Categories Pay & Benefits Leave a comment

At a town hall discussion held this week, OPM director Jeff Pon hinted that there may be major changes in store for federal employee compensation.

Congressman ‘Strongly Opposes’ OPM’s Proposed Benefits Cuts

FedSmith.com author Ian SmithBy Ian SmithMay 10, 2018 10:25 AM | Updated: May 17, 2018 11:53 AM Categories Pay & Benefits Leave a comment

One Congressman is unhappy with OPM’s proposals to reduce federal employees’ benefits and has expressed his dissent in a letter to the agency.

Trump Calls for Adoption of President’s Management Agenda for PSRW

FedSmith.com author Ian SmithBy Ian SmithMay 9, 2018 9:15 AM | Updated: May 14, 2018 4:05 PM Categories Pay & Benefits Leave a comment

In his Public Service Recognition Week proclamation, President Trump stressed the importance of implementing the President’s Management Agenda.

OPM Proposes Changes to Bring Federal Benefits Closer to Private Sector

FedSmith.com author Ralph R. SmithBy Ralph R. SmithMay 7, 2018 4:59 PM | Updated: Jun 24, 2018 9:46 AM Categories Pay & Benefits Leave a comment

Major changes to federal employee benefits would save about $143,509,000,000 over ten years according to new legislative proposals from OPM director Jeff Pon.

How To Keep Your FEHB (Health Insurance) When You Retire

By Kelly MonroeMay 6, 2018 1:14 PM | Updated: May 13, 2018 9:29 AM Categories Pay & Benefits, Retirement Leave a comment

In order to carry FEHB coverage into retirement, you must meet these requirements. The author also addresses some questions federal employees are likely to have.

Your 2019 COLA and Federal Employee Pay Raise

FedSmith.com author Ralph R. SmithBy Ralph R. SmithMay 3, 2018 2:50 PM | Updated: May 13, 2018 9:29 AM Categories Pay & Benefits Leave a comment

Will federal retirees receive a COLA in 2019? How will this impact any federal employee pay raise?

Best Discounts for Government Employees on Everything From Travel to Electronics

By Polia MarinovaMay 3, 2018 12:31 PM Categories Pay & Benefits Leave a comment

These are some discounts that are available for federal employees and military members on things such as travel, cars and electronics.

Choosing the Correct Survivor Annuity Option

FedSmith.com author Brad BobbBy Brad BobbMay 2, 2018 1:53 PM | Updated: Aug 22, 2018 8:00 AM Categories Pay & Benefits, Retirement Leave a comment

There are three survivor annuity options for FERS employees. The author explains the differences and whether life insurance can serve as a replacement.

Best TSP Fund For Month, YTD and Past 12 Months?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithMay 1, 2018 11:32 AM Categories Pay & Benefits Leave a comment

Which TSP fund has the best returns for April, the year-to-date and the past 12 months?

OPM Standardizes FEHB Plan Options

FedSmith.com author Ian SmithBy Ian SmithApr 30, 2018 1:02 PM | Updated: May 7, 2018 10:56 AM Categories Pay & Benefits Leave a comment

OPM has issued a new rule which it says will increase the number of FEHB plan options and potentially help lower costs.

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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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