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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.

Pay Parity For Federal Employees and Military?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithMay 2, 2017 3:22 PM Categories Pay & Benefits Leave a comment

Will military and federal civilians receive the same pay raise in 2018? Here is how pay raises compare for the past 10 years.

TSP Funds Sprint Higher

FedSmith.com author Ralph R. SmithBy Ralph R. SmithMay 1, 2017 1:44 PM | Updated: May 6, 2017 9:51 AM Categories Pay & Benefits Leave a comment

The I fund had the biggest return for the TSP in April and so far in 2017. Also, current good news and potentially bad news in Congress for TSP investors.

What Happens to My Benefits If I Leave Federal Service and Then Return in the Future?

FedSmith.com author John GrobeBy John GrobeApr 29, 2017 1:06 PM | Updated: May 2, 2017 10:21 AM Categories Pay & Benefits, Q&A Leave a comment

I’m considering leaving federal service, however, I’m wondering what would happen to my benefits if I ended up coming back in the future?

How Much Will You Get in Severance Pay?

FedSmith.com author Ian SmithBy Ian SmithApr 27, 2017 1:05 PM | Updated: May 2, 2017 10:20 AM Categories Pay & Benefits Leave a comment

OPM has provided a worksheet to help employees calculate how much severance pay they may be entitled to if they are involuntarily separated from federal service.

Federal Employees: Overpaid or Underpaid?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithApr 26, 2017 10:23 AM Categories Pay & Benefits Leave a comment

Federal benefits are generally better than benefits offered in the private sector. This accounts for much of the disparity between federal and private sector compensation according to the CBO.

House Bill Would Guarantee Pay During a Shutdown

FedSmith.com author Ian SmithBy Ian SmithApr 25, 2017 4:24 PM Categories Pay & Benefits Leave a comment

Legislation introduced in the House would guarantee federal employees’ pay in the event of a government shutdown.

Full Social Security Retirement Benefits and a COLA Update

FedSmith.com author Ralph R. SmithBy Ralph R. SmithApr 20, 2017 7:58 AM | Updated: Apr 24, 2017 11:36 AM Categories Pay & Benefits, Retirement Leave a comment

Requirements for full Social Security retirement benefits are changing in 2018. Also, here is an update on the 2018 COLA.

OPM Renews BENEFEDS Contract

FedSmith.com author Ian SmithBy Ian SmithApr 13, 2017 12:06 PM Categories Pay & Benefits Leave a comment

OPM has renewed its contract with LTC Partners to have the company continue providing BENEFEDS services to federal employees.

White House Confirms Intent to Propose 1.9% Pay Raise in 2018

FedSmith.com author Ian SmithBy Ian SmithApr 12, 2017 5:25 PM Categories Pay & Benefits Leave a comment

There is now another indication that federal employees will receive an average raise of 1.9% in 2018.

Federal Employee Pay and a Government Closure

FedSmith.com author Ralph R. SmithBy Ralph R. SmithApr 11, 2017 11:22 AM | Updated: Jan 11, 2019 7:53 AM Categories Pay & Benefits Leave a comment

The government may shut down April 29th. A bill to ensure federal employees are paid has not been approved. Congress will only have a few days to approve funding after convening in late April.

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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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