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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.

1.9 Percent Raise for Federal Employees Moving Forward

FedSmith.com author Ralph R. SmithBy Ralph R. SmithNov 22, 2017 8:03 AM Categories Pay & Benefits Leave a comment

Congress is again punting on taking a role in determining the 2018 federal employee pay raise. Here is the latest on the raise issue.

TSP Modernization Act is Now Law

FedSmith.com author Ian SmithBy Ian SmithNov 20, 2017 4:46 PM | Updated: Dec 1, 2017 6:23 PM Categories Pay & Benefits Leave a comment

The TSP Modernization Act, a bill allowing federal employees to make multiple age-based or post-separation withdrawals from the TSP, has now become law.

Determining Your Medicare Part B Premium Cost Has Gotten More Complicated

By Michael WaldNov 19, 2017 1:39 PM | Updated: Nov 27, 2017 3:56 PM Categories Pay & Benefits, Retirement Leave a comment

The 2018 Medicare Part B premiums have been released, but the formula for figuring them out has become more complex.

Bill Would Require Agencies to Pay Accrued Interest Resulting from Veterans’ Pension Payment Errors

FedSmith.com author Ian SmithBy Ian SmithNov 17, 2017 5:20 PM | Updated: Nov 27, 2017 3:56 PM Categories Pay & Benefits Leave a comment

Recently introduced legislation would protect veterans from having to pay back interest resulting from agency mistakes in the calculation of certain benefits.

Hatch Drops Catch-Up Contributions Amendment from Senate Tax Bill

FedSmith.com author Ian SmithBy Ian SmithNov 16, 2017 6:17 PM Categories Pay & Benefits Leave a comment

An amendment to the Senate’s tax reform bill that had the potential to impact federal employees who invest in the TSP has been taken off the table.

More Tuition Discounts Available for Federal Employees

FedSmith.com author Ian SmithBy Ian SmithNov 16, 2017 6:35 AM Categories Pay & Benefits Leave a comment

OPM has announced the addition of four new academic institutions to its tuition discount program for federal employees.

Who is the Highest Paid ‘Federal Employee’ in America?

FedSmith.com author Ian SmithBy Ian SmithNov 15, 2017 4:22 PM | Updated: Nov 24, 2017 7:00 PM Categories Pay & Benefits Leave a comment

Who is the highest paid “federal employee” in the country, and what is his annual salary?

A Refresher on Holiday Pay

By Wayne ColemanNov 14, 2017 2:33 PM | Updated: Nov 21, 2017 12:10 PM Categories Pay & Benefits Leave a comment

With the holiday season approaching, some federal employees may be wondering how this can affect their paychecks. Here is a quick refresher.

Are You Ready for Open Season?

FedSmith.com author Ian SmithBy Ian SmithNov 13, 2017 2:43 PM | Updated: Nov 21, 2017 12:10 PM Categories Pay & Benefits Leave a comment

The 2017 federal benefits Open Season is now underway. Here is some information that can help you in evaluating your benefits decisions.

Give Yourself a Raise with a FEGLI Option B Alternative

By Kristopher T. SmithNov 13, 2017 12:11 PM | Updated: Nov 20, 2017 8:52 AM Categories Pay & Benefits Leave a comment

Is FEGLI Option B always the best deal? The author says that unannounced rate increases can mean it may not be the most affordable option over time.

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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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