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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.

CMU to Offer 15% Discount on Tuition for Federal Employees

FedSmith.com author Ian SmithBy Ian SmithMay 25, 2016 2:24 PM Categories Pay & Benefits Leave a comment

OPM and Central Michigan University have announced an agreement to give federal workers and their families discounts on tuition.

Search Options For Locating Individual Federal Employee Salaries

FedSmith.com author Ralph R. SmithBy Ralph R. SmithMay 24, 2016 2:57 PM Categories Pay & Benefits Leave a comment

The latest available federal employee salary data are now available for searching on FedsDataCenter.com. Here is a guide on how to use this database.

Fear Not: New FLSA Rules Aren’t Applicable to Federal Employees

By Wayne ColemanMay 23, 2016 4:17 PM | Updated: Aug 21, 2016 8:54 PM Categories Human Resources, Pay & Benefits Leave a comment

The author reminds federal workers that the new rules regarding salary based coverage under the Fair Labor Standards Act do not apply to them. However, he explains what the new rules are and what they could mean for the federal workforce.

Legislation Would Bring Enhanced Retirement Benefits to Nearly 30k Federal Employees

FedSmith.com author Ian SmithBy Ian SmithMay 20, 2016 4:11 PM Categories Pay & Benefits Leave a comment

Two Senators have introduced legislation that would provide enhanced retirement benefits to nearly 30,000 federal employees in law enforcement.

2017 Pay: Will No Congressional Pay Raise Impact Federal Employees?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithMay 19, 2016 1:53 PM Categories Pay & Benefits Leave a comment

Congress has not had a pay raise since 2009 and is unlikely to have one in 2017. Should Congress receive a pay raise? Will this impact any federal employee pay raise in 2017? Take the survey within the article and express your opinion.

FSAFEDS Program Getting a New Administrator

FedSmith.com author Ian SmithBy Ian SmithMay 19, 2016 1:40 PM | Updated: Aug 25, 2016 4:23 PM Categories Federal Workforce News, Pay & Benefits Leave a comment

The Office of Personnel Management has announced that a new administrator will take over for FSAFEDS in September.

Fraud in FECA at OPM?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithMay 17, 2016 7:44 AM | Updated: Aug 12, 2016 2:58 PM Categories Human Resources, Pay & Benefits Leave a comment

The Inspector General at OPM was concerned about fraud and abuse in the Federal Employee’s Compensation Program at the agency and recommends changes.

Congressman Wants to Take Away Federal Employees’ Free Yoga Classes

FedSmith.com author Ian SmithBy Ian SmithMay 16, 2016 8:31 PM | Updated: Aug 21, 2016 8:21 PM Categories Pay & Benefits Leave a comment

As part of his Shrink our Spending initiative, Congressman Matt Salmon (R-AZ) is introducing legislation that would take away grants for free yoga classes for federal employees.

Reforming Retiree Health Insurance May Start with Mandatory Medicare, But May Not End There

By Michael WaldMay 16, 2016 3:27 PM Categories Pay & Benefits, Retirement Leave a comment

A House Committee hearing last week looked at reforming the health benefits for postal employees in an effort to deal with the Postal Service’s massive and ongoing financial losses. Could moving postal workers to Medicare ultimately force other federal employees onto this system as well?

Ensuring Your Spouse Remains Covered Under FEHB After Your Death

FedSmith.com author John GrobeBy John GrobeMay 12, 2016 2:48 PM | Updated: Mar 14, 2018 9:54 AM Categories Pay & Benefits Leave a comment

Do you want to ensure that you spouse remains covered by FEHB after your death? Then you want to elect some level of survivor benefit for your spouse at the time you retire. The author describes some considerations for choosing a survivor benefit.

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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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