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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 Would Expand Salaries for Newer Federal Employees

FedSmith.com author Ian SmithBy Ian SmithJul 18, 2017 7:39 PM | Updated: Jul 25, 2017 11:53 AM Categories Pay & Benefits Leave a comment

Legislation has been introduced to cut the mandatory amount some federal employees contribute to their retirement programs by 3.6%.

What Happens to Your Benefits If You Leave Before You Are Eligible for Retirement?

FedSmith.com author John GrobeBy John GrobeJul 18, 2017 3:11 PM | Updated: Jul 25, 2017 11:53 AM Categories Pay & Benefits Leave a comment

What happens to your federal benefits if you leave before you are eligible to retire? Here is a summary.

Legislation Would Make Retired Federal Employee Pensions Public Information

FedSmith.com author Ian SmithBy Ian SmithJul 15, 2017 4:20 PM | Updated: Jul 21, 2017 8:02 PM Categories Pay & Benefits Leave a comment

Legislation introduced in the House would make retired federal employees’ pensions public information.

Will Working Longer Increase My Social Security Benefits?

FedSmith.com author John GrobeBy John GrobeJul 12, 2017 5:22 PM | Updated: Jul 21, 2017 8:02 PM Categories Pay & Benefits, Q&A Leave a comment

Will working longer increase Social Security benefits? Here are some key points for federal retirees.

Changes Coming to the TSP

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJul 11, 2017 3:24 PM | Updated: Jul 17, 2017 9:13 PM Categories Pay & Benefits Leave a comment

Two significant changes are being considered for the Thrift Savings Plan. Here is a summary.

Retirement Benefits When Leaving Federal Service

FedSmith.com author John GrobeBy John GrobeJul 11, 2017 10:44 AM | Updated: Jul 17, 2017 9:13 PM Categories Pay & Benefits, Retirement Leave a comment

What retirement benefits will you have available when you decide to retire from federal service? This is what you can expect.

Money, Manpower, Morale, and Motivation

FedSmith.com author Robbie KunreutherBy Robbie KunreutherJul 5, 2017 3:37 PM | Updated: Jun 29, 2019 4:47 PM Categories Pay & Benefits Leave a comment

Is pay for performance a viable option for the federal workforce? There are efforts to replace the General Schedule, but the author is skeptical it can work.

Stay or Leave: Pros and Cons of Federal vs. Private Sector Employment

FedSmith.com author John GrobeBy John GrobeJul 4, 2017 12:14 PM Categories Pay & Benefits, Retirement Leave a comment

Should you stay in your federal job or leave for the private sector? The author looks at benefits and considerations of both areas of employment.

Federal Employee Investing: Best TSP Fund in 2017

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJul 3, 2017 12:20 PM Categories Pay & Benefits Leave a comment

Which TSP fund has had the highest return for the first six months of 2017? The S fund is on top of all other funds for June.

July 4th and Federal Employees

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJun 30, 2017 5:15 AM Categories Pay & Benefits Leave a comment

July 4th is when we celebrate Independence Day. Here is how we arrived at celebrating July 4th as a national holiday and how federal employees are paid.

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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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