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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.

House Committee Asks John Hancock Financial for Details on FLTCIP Premium Increases

FedSmith.com author Ian SmithBy Ian SmithAug 24, 2016 9:17 AM | Updated: Aug 29, 2016 2:38 PM Categories Pay & Benefits Leave a comment

A House Committee has sent a letter to the president of John Hancock Financial Services asking for more information about the “significant FLTCIP premium increases and their effect on federal workers.”

Two More Senators Join the Growing Outrage Over FLTCIP Premiums

FedSmith.com author Ian SmithBy Ian SmithAug 23, 2016 3:48 PM | Updated: Aug 26, 2016 10:06 PM Categories Pay & Benefits Leave a comment

Two more lawmakers are calling for action to address the sharp increase announced for federal employees who participate in the Federal Long Term Care Insurance Program.

Resources to Help You Prepare for Benefits Open Season

FedSmith.com author Ian SmithBy Ian SmithAug 23, 2016 9:28 AM | Updated: Mar 19, 2018 11:38 AM Categories Human Resources, Pay & Benefits Leave a comment

The Office of Personnel Management has released some documents to help federal workers prepare for the upcoming benefits open season this fall.

Life Insurance and the FEGLI Open Season

By Jason VisnerAug 22, 2016 3:11 PM | Updated: Nov 14, 2017 9:52 AM Categories Pay & Benefits Leave a comment

Should you take advantage of the upcoming FEGLI open season? The open season is an excellent reminder for everyone to re-evaluate their situation and make sure they are properly covered.

Raising Federal Employee Pay By Expanding Locality Pay Areas

FedSmith.com author Ralph R. SmithBy Ralph R. SmithAug 21, 2016 5:11 PM Categories Pay & Benefits Leave a comment

Is your geographic area among those recommended for locality pay? Locality pay rates are spreading which leads to higher pay without requiring Congressional action. Here are the locality pay areas for 2017 and some areas the Salary Council recommends adding to existing areas.

Congress Being Pressured to Hold Hearings on Hikes in Federal Long Term Care Insurance Premiums

By Michael WaldAug 18, 2016 6:49 PM Categories Pay & Benefits Leave a comment

A growing uproar over rising premiums for the Federal Long Term Care Insurance Program is putting increased pressure on Congress to take action.

Seven Ways to Find Personal Fulfillment and Career Satisfaction

By Jason KayAug 15, 2016 8:33 PM Categories Pay & Benefits, Leadership Leave a comment

You will be happier in life if you can find personal and career fulfillment, but this can sometimes be challenging. The author provides some tips for ways to look for a more fulfilling career in the government.

SES Bonus Caps Rising in 2017

FedSmith.com author Ian SmithBy Ian SmithAug 15, 2016 6:30 PM Categories Pay & Benefits Leave a comment

Federal employees in the Senior Executive Service will be happy to know that the cap on agencies’ allowed bonus spending is increasing next year.

New Federal Employee Locality Pay Areas for 2017?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithAug 15, 2016 6:20 PM Categories Pay & Benefits Leave a comment

The Federal Salary Council has recommended adding two new locality pay areas in Virginia and Vermont in 2017. What is the forecast for changes in locality pay for next year?

Traveling Feds to Get Small Increase for Hotel Reimbursements in 2017

FedSmith.com author Ian SmithBy Ian SmithAug 15, 2016 5:13 PM | Updated: Aug 25, 2016 4:22 PM Categories Pay & Benefits Leave a comment

Federal employees traveling for work will see a slight increase in reimbursement rates for hotel stays under the new FY 2017 per diem rates.

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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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