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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.

Why is Inauguration Day Treated Differently Than Other Holidays?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJan 16, 2017 12:30 PM Categories Pay & Benefits, Q&A Leave a comment

Can you explain why Inauguration Day is treated differently than other legal public holidays, for “in lieu of” purposes? Some of OPM’s guidance on the holiday is perplexing.

Salaries of Federal PR Employees Featured in Senator’s Annual ‘Wastebook’

FedSmith.com author Ian SmithBy Ian SmithJan 12, 2017 3:47 PM | Updated: Jan 17, 2017 2:12 PM Categories Agency News, Pay & Benefits Leave a comment

A new report from Senator Jeff Flake (R-AZ) details 50 examples of government programs that he feels are some of the most egregious examples of wasteful spending at the federal level. The salaries of a select group of federal employees made the list.

6 Possible Civil Service Changes in the 115th Congress

By Jeff NealJan 12, 2017 12:38 PM Categories Human Resources, Pay & Benefits Leave a comment

The author outlines six possible changes that federal employees could see under a new administration that would impact areas such as collective bargaining, pay and benefits, and the federal retirement system.

How Much of a Pay Raise Will FWS Employees Get in 2017?

By Wayne ColemanJan 10, 2017 4:42 PM Categories Pay & Benefits Leave a comment

The author discusses the process for providing pay increases to federal employees under the Federal Wage System (FWS) for 2017.

Planning to Resign on Inauguration Day? Here’s What Will Happen to Your Pay

FedSmith.com author Ian SmithBy Ian SmithJan 10, 2017 10:33 AM | Updated: Jan 15, 2017 5:34 PM Categories Pay & Benefits Leave a comment

Non-career appointees who resign from their positions on Inauguration Day have special considerations impacting their pay and benefits. Here is a summary from OPM.

Should Federal Employees Be ‘At Will’ Employees?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJan 9, 2017 5:32 PM | Updated: Jul 21, 2017 10:39 AM Categories Human Resources, Pay & Benefits Leave a comment

Should federal employees be “at will” employees? It is unlikely changes of this magnitude outlined in a recent bill will be implemented as there will be fierce opposition. Here is a summary.

Why Isn’t the President Giving Federal Retirees a Higher Raise?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJan 5, 2017 4:11 PM | Updated: Jan 10, 2017 7:50 AM Categories Pay & Benefits, Q&A Leave a comment

Why isn’t the president giving a higher pay raise to federal retirees? I am a federal retiree and seeing current federal employees get a higher raise than me I feel is unfair.

How To Quickly Reduce Federal Employee Salaries and Agency Programs

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJan 4, 2017 2:22 PM Categories Pay & Benefits Leave a comment

As the public was told in 2008, elections have consequences. The new administration will have different priorities than the Obama administration. One new Congressional rule will allow cutting the workforce or cutting federal employee salaries in specific agencies.

Pay Freeze Still in Effect for Some Federal Employees

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDec 29, 2016 2:52 PM | Updated: Jan 5, 2017 6:48 PM Categories Pay & Benefits Leave a comment

While limited in its applicability, there is still a pay freeze for some federal employees in senior positions.

The Best of 2016

FedSmith.com author Ian SmithBy Ian SmithDec 29, 2016 11:56 AM Categories Pay & Benefits, Retirement Leave a comment

The FedSmith.com authors posted many articles in 2016 to keep our readers informed. These are some of our (and your) favorites.

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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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