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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.

OPM Explains the Need for the FSAFEDS Blackout

FedSmith.com author Ian SmithBy Ian SmithJul 25, 2016 9:43 AM | Updated: Aug 25, 2016 4:23 PM Categories Federal Workforce News, Pay & Benefits Leave a comment

The Office of Personnel Management explained in a recent blog post why the upcoming temporary blackout for the FSAFEDS program is necessary.

Republican Platform Calls for Cutting Federal Workers’ Pay and Benefits

FedSmith.com author Ian SmithBy Ian SmithJul 20, 2016 12:47 PM | Updated: Apr 26, 2018 11:46 AM Categories Pay & Benefits Leave a comment

How would a Republican administration potentially impact federal workers? Here is a summary of the 2016 Republican platform insofar as it would affect federal employees.

FLTCIP Enrollees Facing an Average 83% Rate Hike for Long Term Care Insurance

By Michael WaldJul 18, 2016 4:21 PM Categories Pay & Benefits Leave a comment

Enrollees in the Federal Long Term Care Insurance Program are going to be facing a steep premium increase later this fall. OPM is providing those affected with information about their choices to deal with the cost increase.

OPM Reminds FLTCIP Participants About Upcoming Rate Increase

FedSmith.com author Ian SmithBy Ian SmithJul 18, 2016 10:24 AM | Updated: Aug 25, 2016 4:23 PM Categories Federal Workforce News, Pay & Benefits Leave a comment

Current enrollees in the Federal Long Term Care Insurance Program (FLTCIP) will see a premium increase this fall. OPM has distributed a letter to enrollees with information on what options they have to deal with this change.

Worst Case Scenario: Proposed Cuts to Federal Pay and Benefits

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJul 16, 2016 12:32 PM Categories Pay & Benefits, Human Resources Leave a comment

A “Comprehensive Policy Agenda for a New Administration in 2017” proposes changes for the federal workforce that would save about $330 billion by 2026. The proposals envision cuts to federal pay and benefits in a number of ways from changes to retirement, the federal leave program, and removing federal workers. Here is a summary.

Bill Would Offer Some Federal Employees Higher Rates of Pay

FedSmith.com author Ian SmithBy Ian SmithJul 14, 2016 12:49 PM | Updated: Aug 21, 2016 9:22 PM Categories Pay & Benefits Leave a comment

A bill introduced in the Senate this week would offer incentives to expand federal hiring in remote areas in which federal agencies are facing challenges to hire employees to fill job vacancies.

Federal Retirees Need To Tighten Belts While Current Employees Expect To See Pay Increases

By Michael WaldJul 13, 2016 9:33 PM Categories Pay & Benefits, Retirement Leave a comment

A series of actions are leading probable declines in the take home pay of federal retirees in 2017. Current federal employees, however, are on pace to see their largest pay increase since 2010.

Bill Passes House to Block Performance Awards for Many Senior Execs

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJul 11, 2016 1:23 PM Categories Pay & Benefits Leave a comment

An appropriations bill passed by the House contains an amendment that would ban performance bonus payments for many senior executives.

2017 Pay Raise Silently Advances, But House Bill Would Block Some Bonuses

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJul 10, 2016 2:13 PM Categories Pay & Benefits Leave a comment

A major funding bill has passed the House for 2017. By not addressing a federal pay raise for most federal employees, the likelihood increases for implementing the largest federal pay raise since 2010, but the bill would also block bonuses for many in the Senior Executive Service.

Struggling With Your Commute Because of the Metro Repairs? This Bill May Help

FedSmith.com author Ian SmithBy Ian SmithJul 8, 2016 8:16 PM | Updated: Jan 29, 2017 11:54 AM Categories Pay & Benefits Leave a comment

Federal workers struggling with their commutes in the Washington, DC area due to Metro’s SafeTrack repairs could get some reprieve from a bill that has been introduced in the House of Representatives.

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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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