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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.

Average FEHB Premiums Are Up; Historic Annual Increases from 2016-2025

FedSmith.com author Ralph R. SmithBy Ralph R. SmithOct 2, 2024 8:35 AM | Updated: Nov 10, 2024 12:27 PM Categories Pay & Benefits Leave a comment
Stacks of cash growing in size from left to right against a white background

FEHB premiums go up every year. Additions may be creating a Cadillac health plan rather than a balance of services and expense.

Spectacular TSP Returns: One Fund Up More than 36% Over 12-Months

FedSmith.com author Ralph R. SmithBy Ralph R. SmithOct 1, 2024 9:33 AM | Updated: Oct 5, 2024 12:51 PM Categories Pay & Benefits Leave a comment
Bull market - bull with his head tilted slight down and horns protruding against a line graph in the background

TSP returns during the bull market have been excellent. TSP investors have gradually shifted to the C Fund from the G Fund as the market has gone up.

TSP Hardship Withdrawals: A Lifeline or a Trap?

FedSmith.com author David FeiBy David FeiSep 30, 2024 7:45 AM | Updated: Nov 6, 2024 11:20 AM Categories Pay & Benefits Leave a comment
A senior adult man sitting at a table or desk stacked with papers and envelopes looking down with his hands on his head

How do TSP hardship withdrawals work, and what are the pros and cons of this feature of the TSP?

2025 PSHB Premiums Announced

FedSmith.com author Ian SmithBy Ian SmithSep 26, 2024 8:25 AM Categories Pay & Benefits, Retirement Leave a comment
The concept of health insurance and medical welfare. Circle wood and red heart with icon.

The premiums for the inaugural 2025 Postal Service Health Benefits (PSHB) Program are now available.

2025 FEHB Premiums to Increase By 13.5%

FedSmith.com author Ian SmithBy Ian SmithSep 25, 2024 4:08 PM | Updated: Nov 30, 2024 11:45 AM Categories Pay & Benefits Leave a comment
Health insurance paperwork with a stethoscope, calculator, pen and spread of cash

The Office of Personnel Management has released the 2025 FEHB and FEDVIP premiums.

Unusual TSP Returns This September and Surge in Purchasing TSP Annuities: What is Going On?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithSep 24, 2024 11:28 AM | Updated: Jan 14, 2025 8:29 AM Categories Pay & Benefits Leave a comment
White piggy bank labeled 'TSP' sitting on top of a book on a desk next to cash and a calculator

There has been a surge in TSP investors purchasing annuities. Here is a brief explanation. September is historically a negative month for stocks, but so far 2024 has been an exception.

How Pay and Benefits for Federal Employees Work During a Government Shutdown

FedSmith.com author Ian SmithBy Ian SmithSep 22, 2024 2:45 PM Categories Pay & Benefits Leave a comment
Picture of the Capitol building in Washington, DC with a yellow banner draped over it that reads 'shutdown'

How are federal employees’ pay and benefits handled in the event of a government shutdown?

Federal Employees Rate Their Benefits

FedSmith.com author Ian SmithBy Ian SmithSep 20, 2024 8:15 AM Categories Pay & Benefits Leave a comment
Laptop computer with an indifferent, sad, and happy smiley emojis in the screen depicting employee job satisfaction ratings

The 2023 Federal Benefits Survey results show how federal employees rate and use their benefits.

How Do TSP Loans Work?

FedSmith.com author Brennan RhuleBy Brennan RhuleSep 19, 2024 9:07 AM Categories Pay & Benefits Leave a comment
Block letters spelling the word 'loan' sitting on top of a calculator next to a jar of money

How do TSP loans work for federal employees?

What Happens When the Fed Cuts Interest Rates?

FedSmith.com author Charles DzamaBy Charles DzamaSep 18, 2024 1:55 PM Categories Pay & Benefits Leave a comment

When the Federal Reserve cuts interest rates, it can impact the TSP.

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Daily TSP Performance

April 1, 2026

Fund Last % YTD
G Fund $19.7939 +0.01% +1.05%
F Fund $20.8929 +0.01% +0.05%
C Fund $105.5194 +0.72% -3.65%
S Fund $99.8332 +0.66% -0.57%
I Fund $57.7086 +2.11% +3.99%
L Income $29.4203 +0.35% +0.61%
L 2030 $58.1639 +0.68% +0.11%
L 2035 $17.6744 +0.80% -0.03%
L 2040 $67.6954 +0.87% -0.13%
L 2045 $18.7140 +0.93% -0.22%
L 2050 $41.4218 +0.99% -0.31%
L 2055 $21.3088 +1.19% -0.56%
L 2060 $21.3063 +1.19% -0.56%
L 2065 $21.3037 +1.19% -0.56%
L 2070 $12.6263 +1.19% -0.56%
L 2075 $11.0291 +1.19% -0.56%
Get detailed TSP data at TSPDataCenter.com

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