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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.

Night Differential and Change in Shift for FWS Employees

By Wayne ColemanDec 31, 2014 6:57 AM | Updated: Aug 12, 2016 2:58 PM Categories Pay & Benefits, Q&A Leave a comment

Housekeeping aides received night differential pay, but the payroll office disagreed with paying the differential. What are your thoughts?

Federal Employees, Obamacare and Avoiding A Tax Penalty

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDec 30, 2014 2:13 PM Categories Pay & Benefits Leave a comment

How will federal employees under the FEHB avoid paying an additional penalty to the IRS? Here is a quick summary.

Top Posts of 2014

FedSmith.com author Ian SmithBy Ian SmithDec 30, 2014 6:57 AM Categories Pay & Benefits Leave a comment

From a four day weekend at Christmas to the 2015 COLA, here are the posts you read the most in 2014.

The Best of 2014

FedSmith.com author Ian SmithBy Ian SmithDec 29, 2014 3:31 PM Categories Pay & Benefits, Retirement Leave a comment

What were the most popular articles on FedSmith.com in 2014? From the 2015 COLA to a 1% pay raise next year, here are the articles you read the most.

Will Wage Grade Employees Get a Pay Raise in 2015?

By Wayne ColemanDec 28, 2014 1:28 PM Categories Pay & Benefits Leave a comment

Will there be an annual adjustment to Federal Wage System (FWS) wage schedules this year?

You Are Getting a 1% Pay Raise in 2015 – What About Congress?

FedSmith.com author Ian SmithBy Ian SmithDec 23, 2014 2:50 PM Categories Federal Workforce News, Pay & Benefits Leave a comment

Federal employees will be getting a 1% pay raise in 2015. What about Congress and the vice president?

Locating Your Salary for 2015: Updated Pay Tables

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDec 20, 2014 1:21 PM Categories Pay & Benefits Leave a comment

How much will your annual salary be in 2015? The GS Pay Calculator has been updated to reflect the latest pay raise for each locality (including the “Rest of U.S.”) and for each GS grade and step in each area.

New Locality Pay Areas? Not in 2015

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDec 20, 2014 12:06 PM Categories Federal Workforce News, Pay & Benefits Leave a comment

Will new locality pay areas be established in 2015? Here is a quick summary of the situation from the perspective of the Federal Salary Council.

1% Pay Raise for 2015 Is Now Official

FedSmith.com author Ian SmithBy Ian SmithDec 20, 2014 12:20 AM Categories Pay & Benefits Leave a comment

President Obama signed an executive order on Friday officially setting the 1% pay raise for federal workers in 2015.

Bill Changing Default TSP Allocations Signed Into Law

FedSmith.com author Ian SmithBy Ian SmithDec 19, 2014 4:21 PM Categories Pay & Benefits Leave a comment

President Obama signed the Smart Savings Act into law this week to automatically enroll new federal employees into TSP L Funds.

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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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