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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.

Legislation Introduced to ‘SCRAP’ Certain Lifetime Congressional Benefits

FedSmith.com author Ian SmithBy Ian SmithFeb 13, 2018 11:34 AM Categories Pay & Benefits Leave a comment

Two Congressmen want to see some of the lifetime benefits given to lawmakers taken away and have introduced a bill to do just that.

The Rumor was True: FY 2019 Budget Proposes Pay Freeze

FedSmith.com author Ian SmithBy Ian SmithFeb 12, 2018 5:18 PM | Updated: Feb 17, 2018 5:20 PM Categories Pay & Benefits Leave a comment

Rumors that surfaced last year about a pay freeze in the White House’s budget proposal turned out to be true.

Substantial Cuts to Federal Employee Benefits Proposed in FY 2019 Budget

FedSmith.com author Ian SmithBy Ian SmithFeb 12, 2018 2:11 PM | Updated: Feb 17, 2018 5:20 PM Categories Pay & Benefits, Retirement Leave a comment

As anticipated, the FY 2019 budget proposal from the White House outlines proposed benefits changes for federal employees. Here is a summary.

A Shrinking Annuity Payment for Some Former Feds

FedSmith.com author Ralph R. SmithBy Ralph R. SmithFeb 11, 2018 4:49 PM | Updated: Feb 16, 2018 9:26 AM Categories Pay & Benefits, Retirement Leave a comment

OPM asked its IG not to publish a report about a decision the agency made that raised annuity payments for some retired federal employees. Here’s what happened.

Changes for Federal Employees Coming to the Workplace

FedSmith.com author Ralph R. SmithBy Ralph R. SmithFeb 9, 2018 1:09 PM Categories Pay & Benefits Leave a comment

The Trump administration’s new budget proposal is reportedly going to propose changes to performance rating systems and within-grade increases for federal employees. Here is a list of other possible proposals as well.

Legislation Introduced to Guarantee Back Pay to Federal Employees in Event of a Shutdown

FedSmith.com author Ian SmithBy Ian SmithFeb 8, 2018 9:47 AM Categories Pay & Benefits Leave a comment

With the possibility of yet another partial government shutdown looming, legislation has again been introduced to ensure federal employees would be paid for any lost time.

IRS: TSP Annual Contribution Limit Not Affected by New Tax Law

FedSmith.com author Ian SmithBy Ian SmithFeb 7, 2018 10:19 AM | Updated: Jul 9, 2018 1:55 PM Categories Pay & Benefits, Retirement Leave a comment

The IRS said in a recent announcement that the new tax cut law will not change the 2018 annual contribution limit for the TSP.

Medicare General Enrollment Period ends March 31

By Michael WaldFeb 5, 2018 2:22 PM | Updated: Feb 10, 2018 8:28 PM Categories Pay & Benefits, Retirement Leave a comment

Medicare’s General Enrollment Period is underway. Many federal retirees opt to take both FEHB and Medicare Part B.

Should Feds Worry About Another Shutdown?

By Jeff NealFeb 4, 2018 3:20 PM | Updated: Feb 10, 2018 8:28 PM Categories Pay & Benefits Leave a comment

As Congress races towards another funding deadline, the author addresses the potential risks to federal employees.

Starting Off on a High Note: Which TSP Funds Had the Largest Gains in January?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithFeb 1, 2018 10:58 AM | Updated: Feb 8, 2018 4:08 PM Categories Pay & Benefits Leave a comment

TSP investors were very successful in January 2018 as stock prices continued to go up. See which funds had the best record last month.

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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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