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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.

Most Expensive, Cheapest, and Biggest FEHB Premiums for Federal Employees

FedSmith.com author Ralph R. SmithBy Ralph R. SmithOct 6, 2016 3:04 PM | Updated: Nov 6, 2017 2:49 PM Categories Pay & Benefits Leave a comment

Which FEHB plans have the biggest monthly increases for an employee over last year? Which are the most expensive plans by employee monthly share? Which are the cheapest plans by employee monthly share? Here is a breakdown.

NARFE Calls FEHB Premiums Increase ‘Relatively Modest’

By Michael WaldSep 29, 2016 2:39 PM | Updated: Oct 4, 2016 10:32 AM Categories Pay & Benefits Leave a comment

The average premiums under the FEHB are going up 6.2% in 2017. NARFE President Richard G. Thissen called the increase in enrollee costs “relatively modest.”

Alternatives to Long-Term Care Insurance

FedSmith.com author Ann WertsBy Ann WertsSep 29, 2016 11:08 AM Categories Pay & Benefits Leave a comment

Federal employees under FLTCIP are facing a big hike in long-term care premiums. The author suggests they stay calm and explore other options.

6.2% Average Health Insurance Increase for Federal Employees

FedSmith.com author Ralph R. SmithBy Ralph R. SmithSep 28, 2016 2:03 PM Categories Pay & Benefits Leave a comment

The average rate increase for 2017 under the health insurance plan for federal employees (FEHB) will be 6.2% in 2017.

What Happens to Your Pay in the Event of a Shutdown?

FedSmith.com author Ian SmithBy Ian SmithSep 28, 2016 1:16 PM Categories Pay & Benefits Leave a comment

The possibility of a shutdown is again facing federal employees as the fiscal year draws to a close. What will happen to your pay if there is a partial government shutdown?

OPM Releases Back Pay Calculator

FedSmith.com author Ian SmithBy Ian SmithSep 26, 2016 1:57 PM | Updated: Sep 30, 2016 12:01 PM Categories Pay & Benefits Leave a comment

OPM has released a back pay calculator to help federal agencies calculate back pay awards and interest payments owed to federal employees who have faced unwarranted personnel actions against them.

Lawmakers Ask OPM to Extend FLTCIP Enrollment Deadline

FedSmith.com author Ian SmithBy Ian SmithSep 23, 2016 3:51 PM Categories Pay & Benefits Leave a comment

Three Congressmen sent a letter to OPM requesting that the enrollment deadline for the Federal Long Term Care Insurance Program (FLTCIP) be extended so federal employees have more time to weigh their options in light of the steep premium increases they are facing.

Average Total Federal Employee Compensation: $123,160

FedSmith.com author Ralph R. SmithBy Ralph R. SmithSep 21, 2016 2:23 PM | Updated: Sep 26, 2016 3:10 PM Categories Pay & Benefits Leave a comment

The total compensation differential between federal and private sector employees continues to grow larger after the end of a partial federal pay freeze.

Federal Employees and Retirees Face Hard Choices With Rising Premiums

By Michael WaldSep 18, 2016 2:31 PM | Updated: Sep 22, 2016 7:03 PM Categories Pay & Benefits, Retirement Leave a comment

Federal employees and retirees will face a series of difficult decisions over the next month as they think about funding their benefit contributions in the midst of rising costs.

Push Continues in Congress to Allow Federal Employees to Use Ride Sharing Services

FedSmith.com author Ian SmithBy Ian SmithSep 18, 2016 8:34 AM | Updated: Sep 22, 2016 7:02 PM Categories Pay & Benefits Leave a comment

Congress has introduced several bills recently that are designed to encourage federal employees to use ride sharing services such as Uber when traveling or commuting.

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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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