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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.

The G Fund and the Debt Ceiling

FedSmith.com author Ian SmithBy Ian SmithAug 16, 2017 3:47 PM | Updated: Aug 23, 2017 3:59 PM Categories Pay & Benefits Leave a comment

Congress is once again debating whether or not to raise the debt ceiling. Here is what this means for federal employees.

What Penalties Would I Face If I Retire at 62 With Less Than 20 Years of Service?

FedSmith.com author John GrobeBy John GrobeAug 16, 2017 10:48 AM | Updated: Aug 23, 2017 3:59 PM Categories Pay & Benefits, Q&A Leave a comment

What penalties would I face if I retire at 62 years old but have less than 20 years in service?

Federal Employee Pay Raise Process Moving Ahead

FedSmith.com author Ralph R. SmithBy Ralph R. SmithAug 13, 2017 1:48 PM | Updated: Aug 22, 2017 6:54 AM Categories Pay & Benefits Leave a comment

The 2018 federal employee pay raise is following the usual tortuous path. Probable result: an average pay raise of 1.9% in January.

Tips to Avoid These 9 Costly TSP Mistakes: Part 2

FedSmith.com author Carol SchmidlinBy Carol SchmidlinAug 9, 2017 3:29 PM | Updated: Jul 5, 2019 11:38 AM Categories Pay & Benefits Leave a comment

In the second of two articles, the author highlights some common costly mistakes federal employees are prone to making with their TSP accounts.

How Do You Take Away a Benefit That’s Already Been Paid For?

FedSmith.com author John GrobeBy John GrobeAug 7, 2017 2:47 PM | Updated: Feb 27, 2018 11:55 AM Categories Pay & Benefits Leave a comment

Recent proposals suggest cutting federal employees’ retirement benefits, however, the author says that lawmakers may not understand how these are funded.

Proposed Changes to the TSP

FedSmith.com author Ian SmithBy Ian SmithAug 7, 2017 10:44 AM | Updated: Aug 13, 2017 9:26 AM Categories Pay & Benefits Leave a comment

Legislation is advancing in Congress that would make changes to the TSP. Here is what this could mean for federal employees.

OPM Begins Providing Information on 2017 Open Season

FedSmith.com author Ian SmithBy Ian SmithAug 3, 2017 3:50 PM | Updated: Mar 19, 2018 11:37 AM Categories Pay & Benefits Leave a comment

OPM has begun providing federal employees information to help them prepare for the 2017 federal benefits open season.

Tips to Avoid These 9 Costly TSP Mistakes: Part 1

FedSmith.com author Carol SchmidlinBy Carol SchmidlinAug 2, 2017 3:58 PM | Updated: Aug 11, 2017 7:54 AM Categories Pay & Benefits Leave a comment

Are you making these mistakes with managing your TSP account? The author highlights some common problems and how to avoid them.

Lawmakers Express Concerns Over Proposals to Cut Federal Employees’ Benefits

FedSmith.com author Ian SmithBy Ian SmithAug 2, 2017 10:20 AM | Updated: Aug 8, 2017 11:54 AM Categories Pay & Benefits Leave a comment

Lawmakers in both the House and Senate recently sent letters expressing their concerns to proposals to cut federal employees’ benefits.

Best TSP Fund in 2017? Still the I Fund

FedSmith.com author Ralph R. SmithBy Ralph R. SmithAug 1, 2017 10:16 AM | Updated: Aug 6, 2017 5:22 PM Categories Pay & Benefits Leave a comment

All of the TSP funds had positive returns in July and also for the year to date.

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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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