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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.

Lawmakers Want Traveling Federal Employees to Use Uber

FedSmith.com author Ian SmithBy Ian SmithJul 6, 2016 3:29 PM Categories Pay & Benefits Leave a comment

Two Congressmen have introduced legislation to encourage the use of ride sharing services by federal employees while traveling on government business.

Top 10 Agencies With Highest Federal Employee Salaries and Individual Awards

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJul 5, 2016 3:22 PM | Updated: Oct 5, 2017 1:31 PM Categories Pay & Benefits Leave a comment

Which agencies are in the top 10 of highest average salaries? Which are in the bottom 10? What about bonuses? It will surprise some that there are federal employees who received a bonus of more than $100,000 last year.

Common Overtime Violations Federal Workers Can Experience

By Tim BeckerJun 30, 2016 2:47 PM Categories Pay & Benefits Leave a comment

It is not usual for employers to ask employees to stay over a few extra hours, but it is illegal to have employees work without giving them their due pay. The author outlines some ways federal employees can ensure they are not subjected to failing to be compensated for overtime work when they are legally entitled to it.

5 Reasons Your OWCP Workers’ Compensation Benefits May Be Terminated

By Bo HarrisJun 29, 2016 2:22 PM Categories Pay & Benefits Leave a comment

These are 5 common causes for termination of federal employees’ OWCP benefits.

Gender, Age and Salary in the Federal Workforce

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJun 27, 2016 3:07 PM Categories Human Resources, Pay & Benefits Leave a comment

How has the average federal employee changed in the past 5 years? Is there a difference in average salary for men and women? Is the workforce getting older or younger? Here is a summary.

Federal Employee Groups Renew Push for 5.3% Pay Raise

FedSmith.com author Ian SmithBy Ian SmithJun 27, 2016 7:31 AM Categories Pay & Benefits Leave a comment

A group is pushing for support for a 5.3% pay raise for federal employees in 2017.

Another Step Toward a 1.6% Raise in 2017

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJun 19, 2016 11:52 AM Categories Pay & Benefits Leave a comment

A 1.6% annual federal pay raise for 2017 is continuing to work its way through Congress. Here is the latest information.

Changes in Legislation Requiring Mandatory Medicare is an Improvement But Not the Solution Says NARFE

By Michael WaldJun 16, 2016 6:28 PM Categories Pay & Benefits, Retirement Leave a comment

The House version of a postal reform bill in Congress is better than the Senate version according to NARFE, although it thinks neither is ideal. What effect do these bills have on enrollment options in Medicare, and which federal retirees would be impacted?

TSP Envy: Congress Eyes A TSP for More Americans

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJun 15, 2016 4:20 PM Categories Pay & Benefits Leave a comment

The Thrift Savings Plan (TSP) has been a success for federal workers. Another bill in Congress would create a similar system for many other Americans.

Lawmaker Demands Information on Excessive Bonuses Paid to Federal Employees

FedSmith.com author Ian SmithBy Ian SmithJun 15, 2016 2:03 PM | Updated: Mar 23, 2017 7:56 PM Categories Pay & Benefits Leave a comment

Senator Claire McCaskill (D-MO) wants answers from OPM as to how a federal employee was paid bonuses that exceeded 20% of his base salary and how potentially widespread the issue is throughout the government.

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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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