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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.

What Are the Worst Agencies to Work for in Government?

FedSmith.com author Ian SmithBy Ian SmithDec 8, 2015 8:55 PM Categories Pay & Benefits, Agency News Leave a comment

Which federal agencies are the least recommended by the federal employees who work for them? A new report provides the answer.

Is There an Extra Pay Period in 2016, and If So How Will It Affect My TSP Contributions?

FedSmith.com author John GrobeBy John GrobeDec 8, 2015 5:04 AM | Updated: Aug 12, 2016 2:58 PM Categories Pay & Benefits, Q&A Leave a comment

I’ve heard that 2016 will have 27 pay periods. Is that true? If it is true, how will it affect my TSP contributions?

Are Federal Executives Overpaid? SES Facts and Myths

By Jeff NealDec 7, 2015 1:39 PM | Updated: Aug 25, 2016 7:09 PM Categories Pay & Benefits Leave a comment

Are members of the Senior Executive Service overpaid? The author looks at a number of facts and myths surround the federal pay debate.

Why Are Self Plus One FEHB Savings So Insignificant?

By Walton FrancisDec 2, 2015 3:01 PM | Updated: Oct 11, 2017 2:31 PM Categories Pay & Benefits Leave a comment

Many readers are asking why the Self Plus One option is not more economical than the Self and Family health insurance option. What should an alert couple or single parent learn from a “witches’ brew of competing forces” affecting the cost of this new option?

President Releases Fed Employee Pay Plan and Locality Pay Rates for 2016

FedSmith.com author Ralph R. SmithBy Ralph R. SmithNov 30, 2015 6:14 PM Categories Pay & Benefits Leave a comment

What are the locality pay rates for 2016? President Obama has released his alternative pay plan that gives the percentages for every locality pay area in the country including the 13 new areas.

OPM Releases List of Areas Impacted by New Locality Pay and Changes to Existing Pay Areas

FedSmith.com author Ralph R. SmithBy Ralph R. SmithNov 30, 2015 1:40 PM Categories Federal Workforce News, Pay & Benefits Leave a comment

OPM has released 2016 locality pay area definitions including new locality pay areas and counties impacted by changes to existing locality pay areas.

2016 Federal Holidays

FedSmith.com author Ian SmithBy Ian SmithNov 30, 2015 5:50 AM | Updated: Aug 25, 2016 4:24 PM Categories Pay & Benefits Leave a comment

What paid holidays will federal employees get in 2016? Here is a list.

Federal Employees Petition for an Extra Holiday at Christmas

FedSmith.com author Ian SmithBy Ian SmithNov 29, 2015 9:23 AM Categories Pay & Benefits Leave a comment

Two petitions have been started on the White House’s “We the People” website asking the president to give federal employees an extra paid day off at Christmas.

Who is Eligible for Extra Leave Under the Wounded Warriors Federal Leave Act of 2015?

FedSmith.com author Ian SmithBy Ian SmithNov 24, 2015 8:51 PM | Updated: Sep 13, 2016 6:44 PM Categories Pay & Benefits Leave a comment

The Wounded Warriors Federal Leave Act of 2015 was signed into law on November 5. The Office of Personnel Management has released guidance detailing which federal employees will receive benefits from this new legislation and how it works.

Will Federal Employees Get Black Friday Off?

FedSmith.com author Ian SmithBy Ian SmithNov 24, 2015 2:17 PM Categories Pay & Benefits Leave a comment

A petition was started last week asking the White House to give federal employees an extra day off at Thanksgiving. How likely is this to happen?

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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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