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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.

Political Intrigue: Will Congress Derail 2017 Pay Raise? Will Government Shutdown?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDec 7, 2016 10:36 AM Categories Pay & Benefits Leave a comment

Will there be a government shutdown? Will Congress derail the annual federal pay raise? A continuing resolution is in process but funding expires on Friday.

Extending FEHB Coverage for Children of Same-Sex Domestic Partners

FedSmith.com author Ian SmithBy Ian SmithDec 7, 2016 6:23 AM | Updated: Mar 19, 2018 11:38 AM Categories Pay & Benefits Leave a comment

OPM has published an interim final rule to create a regulatory exception that allows children of same-sex domestic partners living overseas to maintain FEHB coverage for an extended period of time.

How Bad Are the Changes to FEHB Plan Benefits for 2017?

By Walton FrancisDec 5, 2016 2:37 PM Categories Pay & Benefits Leave a comment

The average premium increase for premiums under the FEHB will be 6.2% in 2017. There are also many changes to plans in the program. The author describes some of these changes and how to find them for your preferred health plan.

Are you Eligible for the New Disabled Veteran Leave Program?

FedSmith.com author Ian SmithBy Ian SmithDec 4, 2016 1:56 PM | Updated: Dec 9, 2016 7:57 AM Categories Pay & Benefits Leave a comment

The Wounded Warriors Federal Leave Act of 2015 recently took effect for certain newly hired federal employees. OPM has provided a fact sheet about who is eligible for this leave program and how to use it.

A Week Off for Some Federal Employees Using 3 Days of Annual Leave

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDec 4, 2016 8:43 AM | Updated: Jan 15, 2017 5:34 PM Categories Human Resources, Pay & Benefits Leave a comment

Some federal employees can take off for a week in January by using three days of annual leave. Here is how and why.

FLTCIP Premium Increase Will Keep Funds Solvent Says Insurance Company

FedSmith.com author Ian SmithBy Ian SmithNov 30, 2016 6:18 PM Categories Pay & Benefits Leave a comment

In testimony offered to Congress, John Hancock explained the need for the recent premium increases to the FLTCIP.

NARFE President Testifies on Federal Long Term Care Insurance Program Premium Increases

By Michael WaldNov 30, 2016 3:02 PM | Updated: Jun 26, 2017 1:12 PM Categories Pay & Benefits Leave a comment

Many federal employees are facing steep hikes in their long term care insurance premiums. The National Active and Retired Federal Employees Association provided suggestions at a Congressional hearing for ways to address the situation.

2017 Locality Pay Rates for Federal Employees: San Francisco and DC Areas On Top

FedSmith.com author Ralph R. SmithBy Ralph R. SmithNov 30, 2016 10:23 AM | Updated: Dec 5, 2016 11:23 AM Categories Pay & Benefits Leave a comment

The 2017 locality pay rates are out. The largest increases are in the San Francisco and DC areas. You can view the full list of new locality pay rates here.

Alternative Pay Plan Submitted for Federal Employees in 2017: 1.6% Average Raise

FedSmith.com author Ralph R. SmithBy Ralph R. SmithNov 29, 2016 8:26 PM Categories Pay & Benefits Leave a comment

President Obama has submitted an Alternative Pay Plan for 2017. The average federal pay raise would be 1.6%.

Connolly to Hold 2017 FEHB Open Season Workshop

FedSmith.com author Ian SmithBy Ian SmithNov 23, 2016 11:08 AM | Updated: Nov 14, 2017 9:52 AM Categories Pay & Benefits Leave a comment

Congressman Gerry Connolly (D-VA) is hosting his 8th annual FEHB open season workshop for the 2017 benefits year to help federal employees and retirees with their benefits planning decisions.

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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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