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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.

Are You One of the TSP Millionaires?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithMar 10, 2017 10:54 AM | Updated: May 20, 2017 7:55 AM Categories Pay & Benefits, Retirement Leave a comment

The number of TSP millionaires has exploded with the rising stock market. Here are the facts and figures on this aspect of the TSP.

Legislation Would Provide a COLA to Veterans

FedSmith.com author Ian SmithBy Ian SmithMar 6, 2017 10:37 AM | Updated: Nov 10, 2017 6:22 PM Categories Pay & Benefits Leave a comment

A pair of bills recently introduced in the House would provide an automatic cost of living adjustment for benefits provided to military veterans and their families.

TSP Funds Continue Upward Trend for Federal Employee Investors

FedSmith.com author Ralph R. SmithBy Ralph R. SmithMar 1, 2017 1:14 PM Categories Pay & Benefits Leave a comment

All TSP funds had positive returns in February and all funds have positive returns for the year-to-date.

Legislation Would Provide Enhanced Retirement Benefits for Nearly 30k Law Enforcement Officers

FedSmith.com author Ian SmithBy Ian SmithFeb 22, 2017 12:47 PM | Updated: Feb 27, 2017 7:20 AM Categories Pay & Benefits Leave a comment

Recently introduced legislation would provide enhanced retirement benefits for certain federal law enforcement officers.

Court Awards Back Pay to Federal Employees Over 2013 Government Shutdown

FedSmith.com author Susan McGuire SmithBy Susan McGuire SmithFeb 17, 2017 1:36 PM | Updated: Jan 11, 2019 7:53 AM Categories Court Cases, Pay & Benefits Leave a comment

The U.S. Court of Federal Claims has just handed down a payday bonanza for federal employees who signed up for the class action case demanding redress for lost pay during the 2013 government shutdown.

2017 FEHB Premiums for Self + 1

By Robert F. BensonFeb 16, 2017 6:44 PM | Updated: Feb 21, 2017 10:55 AM Categories Pay & Benefits Leave a comment

How much money, if any, can you save with the Self Plus One option under FEHB? The author provides some comparison data for 2017 between the Self, Self Plus One, and Family options.

Legislation Reintroduced to Give Federal Employees 6 Weeks of Paid Parental Leave

FedSmith.com author Ian SmithBy Ian SmithFeb 13, 2017 8:06 PM Categories Pay & Benefits Leave a comment

Legislation has been reintroduced in the new Congress to give federal employees six weeks of paid parental leave for the birth or adoption of a child.

‘Antiquated Assumptions’ About Federal Pay and Benefits

FedSmith.com author Ralph R. SmithBy Ralph R. SmithFeb 12, 2017 3:37 PM Categories Pay & Benefits Leave a comment

What changes are likely to occur to your pay and benefits? These are some proposed changes federal workers might see under a new administration based on what we know today.

Democratic Senators Pledge to Support Federal Workforce

FedSmith.com author Ian SmithBy Ian SmithFeb 11, 2017 8:35 PM | Updated: Feb 14, 2017 9:12 AM Categories Pay & Benefits Leave a comment

A resolution recently introduced in the Senate pledges to support the federal workforce with “five fights for federal employees.”

Be Aware of TSP Spousal Beneficiary Rules

FedSmith.com author Carol SchmidlinBy Carol SchmidlinFeb 7, 2017 12:30 PM | Updated: Feb 10, 2017 10:28 AM Categories Pay & Benefits, Retirement Leave a comment

A TSP participant can designate anyone as a beneficiary to a TSP account, however, only a spousal beneficiary can choose to leave the funds in TSP. The author says it’s important to understand all implications of a spousal beneficiary deciding to keep funds inside of the TSP.

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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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