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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.

New Limited Enrollment Period for Self Plus One In the FEHB

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJan 13, 2016 1:15 PM Categories Pay & Benefits Leave a comment

The Office of Personnel Management is providing a special enrollment period for federal employees who wish to change to the Self Plus One Option from the Self and Family option of the FEHB.

How to Get the Most Money From Your TSP Matching Contributions

FedSmith.com author John GrobeBy John GrobeJan 10, 2016 2:16 PM Categories Pay & Benefits Leave a comment

Are you a highly compensated FERS employee who contributes the maximum to the TSP each year? Don’t risk losing any of the government’s matching contributions by maxing out your TSP before the end of the year.

Top Posts of 2015

FedSmith.com author Ian SmithBy Ian SmithDec 30, 2015 6:24 AM | Updated: Dec 29, 2016 11:38 AM Categories Pay & Benefits Leave a comment

From an extra half day off on Christmas Eve to guidance on the new locality pay areas, here are the posts you read the most in 2015.

Do the New Locality Pay Areas Impact My Wage Grade Pay?

By Wayne ColemanDec 29, 2015 10:45 AM Categories Pay & Benefits, Q&A Leave a comment

If I work in Shawnee County KS, which is just outside Kansas City, and will be covered by the new GS Kansas City-Overland Park-Kansas City MO/KS locality pay area, will my WG-5 wage automatically increase to the same level as that paid to WG-5 employees whose duty station is Kansas City?

The Best of 2015

FedSmith.com author Ian SmithBy Ian SmithDec 28, 2015 3:47 PM Categories Pay & Benefits, Retirement Leave a comment

What were the most popular articles on FedSmith.com in 2015?

Will Federal Employees Get Extra Time Off on New Year’s Eve?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDec 28, 2015 12:18 PM | Updated: Aug 25, 2016 4:24 PM Categories Federal Workforce News, Pay & Benefits Leave a comment

Will federal employees get extra time off on New Year’s Eve? It is an unlikely scenario when one looks at historical precedent.

Federal Wage System Increases in 2016

By Wayne ColemanDec 26, 2015 7:17 PM Categories Pay & Benefits Leave a comment

Now that the 2016 pay raise for federal employees under the General Schedule has been finalized, what can federal workers under the Federal Wage System expect to see in terms of a pay raise?

What’s the Net Worth of Your Congressman?

FedSmith.com author Ian SmithBy Ian SmithDec 23, 2015 6:22 AM | Updated: Jan 15, 2017 3:27 PM Categories Pay & Benefits Leave a comment

What’s the net worth of your Senator or Congressman? Here’s how to find out.

Federal Pay Lagging Behind Private Sector

By Michael WaldDec 22, 2015 2:05 PM Categories Pay & Benefits Leave a comment

Recent data from the U.S. Bureau of Labor Statistics indicate that the federal workforce is lagging the private sector for both wages and employment.

Pay Freeze Continues for Vice President and Other Senior Officials

FedSmith.com author Ian SmithBy Ian SmithDec 22, 2015 10:02 AM | Updated: Jan 15, 2017 3:43 PM Categories Pay & Benefits Leave a comment

The vice president and certain political appointees will continue to have their pay levels frozen heading into 2016.

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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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