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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.

Legislation Introduced to Pay Federal Employees During a Shutdown

FedSmith.com author Ian SmithBy Ian SmithSep 16, 2015 3:57 PM | Updated: Aug 25, 2016 9:47 PM Categories Pay & Benefits Leave a comment

Senator Ben Cardin (D-MD) has introduced legislation to ensure federal employees get paid in the event of a government shutdown.

Legislation Introduced to Give Federal Employees 6 Weeks of Paid Parental Leave

FedSmith.com author Ian SmithBy Ian SmithSep 15, 2015 5:15 PM | Updated: Feb 14, 2017 9:13 AM Categories Pay & Benefits Leave a comment

Senators Brian Schatz (D-HI) and Barbara Mikulski (D-MD) are introducing companion legislation to go with a a House bill introduced earlier this year that would give federal employees six weeks of paid parental leave the birth, adoption or foster placement of a child.

Labor Department Issues Rule Allowing Federal Contractors to Discuss Salaries

By Michael WaldSep 10, 2015 9:18 PM Categories Pay & Benefits Leave a comment

A new Department of Labor regulation allows federal contractors to discuss and inquire about their own pay or that of their co-workers without fear of being fired.

FedSmith.com Users Think a 3% Raise in 2016 Would Be Fair

FedSmith.com author Ian SmithBy Ian SmithSep 10, 2015 2:15 PM | Updated: Aug 12, 2016 2:58 PM Categories Federal Workforce News, Pay & Benefits Leave a comment

FedSmith.com users said in a recent survey that they think federal employees should be given a 3% pay raise in 2016.

What Happens to Your TSP Loan When You Leave Federal Service?

FedSmith.com author John GrobeBy John GrobeSep 7, 2015 10:38 AM Categories Pay & Benefits Leave a comment

It is not uncommon for an employee to separate from federal service with an outstanding TSP loan. What happens to your loan when you retire or otherwise separate from federal service?

Age-Appropriate Default Option for the TSP Starts This Weekend

By Michael WaldSep 3, 2015 3:52 PM Categories Pay & Benefits, Retirement Leave a comment

Starting September 5th, the Thrift Savings Plan will be providing new federal employees with a different default fund for automatic enrollment in their retirement savings plans.

A Fairer and More Economical Way to Calculate Social Security COLAs

By Robert WhiteSep 2, 2015 6:22 PM | Updated: Aug 18, 2016 11:32 AM Categories Pay & Benefits, Retirement Leave a comment

The author proposes an alternate way of calculating the cost of living allowances for Social Security based on the process of computing cost of living adjustments for federal retirees that he says would result in tremendous long term savings.

Federal Employee Groups Disgusted With President’s Proposed Pay Raise

FedSmith.com author Ian SmithBy Ian SmithSep 2, 2015 2:48 PM Categories Pay & Benefits Leave a comment

Federal employee groups have been expressing their displeasure this week with the president’s proposed pay raise for 2016.

Federal Employees Petition the White House for a ‘Meaningful Pay Raise’

FedSmith.com author Ian SmithBy Ian SmithSep 1, 2015 11:25 PM Categories Pay & Benefits Leave a comment

An online petition has been started which asks for a “meaningful pay raise” for federal employees.

President Directs 1% Federal Pay Raise for 2016

FedSmith.com author Ralph R. SmithBy Ralph R. SmithAug 28, 2015 6:48 PM Categories Pay & Benefits Leave a comment

President Obama has issued a letter directing an across-the-board pay raise of 1% for federal employees in 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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