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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.

Executive Order Finalizing 2016 Pay Rates Issued

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDec 19, 2015 10:49 AM Categories Pay & Benefits Leave a comment

President Obama has issued an executive order setting 2016 pay rates for federal employees.

Last Minute Christmas Gifts for Federal Workers From the Spending Bill

FedSmith.com author Ian SmithBy Ian SmithDec 17, 2015 9:55 AM | Updated: Sep 13, 2016 6:49 PM Categories Pay & Benefits Leave a comment

Congress is giving federal employees some last minute Christmas gifts in the $1.1 trillion spending bill recently announced by lawmakers.

Spending Bill Deal Seals 2016 Federal Pay Raise

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDec 16, 2015 12:59 PM Categories Pay & Benefits Leave a comment

Congress has not taken action on the 2016 federal employee pay raise. What does this mean for your GS pay in 2016?

Differences of Opinion Over President’s Executive Order on SES

FedSmith.com author Ian SmithBy Ian SmithDec 15, 2015 5:58 PM Categories Pay & Benefits Leave a comment

President Obama issued an executive order today which the White House said will help to strengthen the Senior Executive Service, but the Senior Executives Association may not see it that way.

Premium Changes for FEGLI in 2016

FedSmith.com author John GrobeBy John GrobeDec 15, 2015 2:49 PM Categories Pay & Benefits Leave a comment

FEGLI has changed premiums for current enrollees effective the first full pay period of 2016. The author describes the changes in costs that federal employees can expect to see next year.

Four Hours of Extra Time for Christmas Eve: Generous or Average?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDec 14, 2015 11:22 AM Categories Pay & Benefits Leave a comment

Which president has been the most generous with time off at Christmas? How do the 4 hours of extra time off this year compare with what has been done in the past when Christmas Eve falls on a Thursday?

Guidance From OPM on Extra Half Day Off on Christmas Eve

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDec 11, 2015 5:22 PM Categories Pay & Benefits Leave a comment

Most federal employees will have time off on the afternoon before Christmas. There are exceptions. This OPM memo explains some of the exceptions and why some employees may still be charged or lose some leave on the day before Christmas.

President Tells Federal Workers They Can Go Home Early on Christmas Eve

FedSmith.com author Ian SmithBy Ian SmithDec 11, 2015 4:54 PM Categories Pay & Benefits Leave a comment

President Obama has issued an executive order granting federal workers an extra half day off on Christmas Eve.

Efforts Underway to Guarantee Back Pay for Federal Employees in the Event of a Shutdown

FedSmith.com author Ian SmithBy Ian SmithDec 10, 2015 10:59 PM Categories Pay & Benefits Leave a comment

Three Congressman are introducing legislation that would ensure that federal workers will be guaranteed backpay in the event of a government shutdown.

What Happens to Your Pay During a Shutdown?

FedSmith.com author Ian SmithBy Ian SmithDec 9, 2015 5:24 AM Categories Pay & Benefits Leave a comment

The possibility of a shutdown is again facing federal employees at the end of the week. What will happen to your pay if there is a partial government shutdown?

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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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