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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.

Some Federal Employees Must Re-Enroll in Identity Protection Program

FedSmith.com author Ralph R. SmithBy Ralph R. SmithNov 1, 2016 11:04 AM Categories Human Resources, Pay & Benefits Leave a comment

The theft of personal data of current and retired federal employees continues to impact those who were affected. A number of people will be required to re-enroll in the program to receive monitoring services. Here is an explanation.

Federal Employees Underpaid by 34.07%

FedSmith.com author Ralph R. SmithBy Ralph R. SmithOct 31, 2016 11:26 AM | Updated: Nov 7, 2016 6:40 AM Categories Pay & Benefits Leave a comment

The Federal Salary Council says the federal workers are, on average, underpaid by 34.07% relative to the private sector. When will salary figures for 2017 be released?

Adding Birmingham and San Antonio to Locality Pay Areas

FedSmith.com author Ralph R. SmithBy Ralph R. SmithOct 28, 2016 7:58 PM | Updated: Nov 7, 2016 6:40 AM Categories Pay & Benefits Leave a comment

The Federal Salary Council has proposed adding San Antonio and Birmingham to the list of locality pay areas for 2018.

Report Suggests Next Administration Make Radical Changes to the Federal Workforce

FedSmith.com author Ian SmithBy Ian SmithOct 27, 2016 4:34 PM Categories Pay & Benefits, Leadership Leave a comment

A new report says that the incoming presidential administration should consider making some radical changes to the federal workforce in order to improve government performance.

What Happens If You Are Accidentally Overpaid?

By Jeff NealOct 26, 2016 12:15 PM Categories Pay & Benefits Leave a comment

Recent news that nearly 10,000 soldiers were asked by the Pentagon to repay bonus overpayments may have other federal employees wondering what happens if they find themselves in a similar situation. The author provides some details on how agencies usually handle overpayments.

Changes to the FEHB: Will You Be Impacted? (Part II)

FedSmith.com author Ralph R. SmithBy Ralph R. SmithOct 25, 2016 4:29 PM Categories Pay & Benefits Leave a comment

There are changes to the 2017 FEHB that will impact some individual insurance plans. Here is the second of a two part article outlining the changes.

Changes to the 2017 FEHB: Will You Be Impacted?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithOct 20, 2016 4:18 PM | Updated: Oct 25, 2016 5:16 PM Categories Pay & Benefits Leave a comment

There are numerous changes to the FEHB for 2017. Check to see if any of these changes will impact your choice of a health insurance plan for next year.

Simultaneous Membership in Medicare and FEHB

By Robert F. BensonOct 20, 2016 11:48 AM Categories Pay & Benefits Leave a comment

The author says that money is being wasted by the government to encourage retired federal employees to have both Medicare and FEHB coverage, something that he says isn’t necessary.

Social Security Taxes Set to Rise for Some Employees in 2017

FedSmith.com author Brenton SmithBy Brenton SmithOct 19, 2016 1:27 PM Categories Pay & Benefits Leave a comment

The Social Security Administration has announced that the maximum amount of earnings subject to the Social Security tax will climb 7.3% in 2017.

2016 FEVS Results Show Federal Employees’ Overall Satisfaction With Their Paychecks

FedSmith.com author Ian SmithBy Ian SmithOct 9, 2016 5:40 PM | Updated: Oct 13, 2017 8:55 AM Categories Pay & Benefits Leave a comment

OPM has released the full 2016 FEVS results. While the data cover many aspects of federal employment, one topic they address is federal employees’ overall satisfaction with pay.

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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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