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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.

Here’s How You’ll Get Paid for the Extra Christmas Holiday

FedSmith.com author Ian SmithBy Ian SmithDec 7, 2014 6:31 PM Categories Pay & Benefits Leave a comment

The Office of Personnel Management has issued guidance for agency heads about how to go about giving federal workers the extra paid holiday at Christmas that was recently granted via executive order by President Obama.

Merry Christmas to Federal Employees: Extra Paid Holiday Announced for Dec. 26

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDec 6, 2014 10:16 AM Categories Pay & Benefits Leave a comment

President Obama has issued an executive order giving federal employees an extra paid holiday on Friday, December 26.

4-Day Holiday Weekend for Federal Employees at Christmas

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDec 5, 2014 9:00 PM Categories Pay & Benefits Leave a comment

President Obama has issued an executive order giving federal employees an extra holiday this year on Friday, December 26.

What Happens to Your Pay and Benefits During a Shutdown

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDec 4, 2014 3:56 PM Categories Pay & Benefits Leave a comment

A government shutdown does not appear likely to occur. But, as current legislation funding the government expires on December 11, and no new funding legislation has been passed, a shutdown is still possible. What will be the impact on federal pay and benefits if this should occur?

Self Plus One Health Insurance: Will Your Insurance Costs Go Up or Down?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDec 3, 2014 12:14 PM Categories Pay & Benefits Leave a comment

The self plus one option under the federal health insurance program will be available during the open season in 2015. It will likely benefit many in the program but some federal employees are likely to have higher premiums in 2016 as a result of the change.

All TSP Funds Up in November

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDec 2, 2014 7:48 AM Categories Pay & Benefits Leave a comment

With the exception of the I fund, all TSP funds are showing a positive return at the end of November.

Worried About Cuts to Your Federal Benefits? Don’t Panic!

FedSmith.com author John GrobeBy John GrobeNov 30, 2014 1:43 PM Categories Pay & Benefits, Retirement Leave a comment

In response to a recent CBO report that recommends various cuts to federal employee benefits, the author advises federal workers not to panic about these recommendations and explains why he thinks they are unlikely to materialize.

Report Recommends Federal Workforce Cuts for Deficit Reduction

FedSmith.com author Ian SmithBy Ian SmithNov 25, 2014 9:06 AM | Updated: Aug 25, 2016 4:27 PM Categories Pay & Benefits Leave a comment

The Congressional Budget Office has issued a new report outlining ways to reduce the growing federal deficit. Some of the cost saving suggestions in the report would have a direct impact on federal employees and their benefits if they were to be enacted.

Is There a Cadillac Tax in Your Future?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithNov 23, 2014 12:09 PM Categories Pay & Benefits Leave a comment

Is there a “Cadillac” tax on your federal employee health benefits in the future? The tax goes into effect in 2018. Here are the details and how federal employees could be affected.

Petition for Extra Day Off at Christmas Fails to Get Minimum Required Signatures

FedSmith.com author Ian SmithBy Ian SmithNov 19, 2014 8:11 PM Categories Pay & Benefits Leave a comment

The recent petition that was asking for an extra day of leave for federal employees at Christmas has failed to get the minimum number of required signatures to trigger a response from the White House.

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Daily TSP Performance

May 4, 2026

Fund Last % YTD
G Fund $19.8731 +0.04% +1.46%
F Fund $20.8728 -0.32% -0.04%
C Fund $115.6318 -0.40% +5.59%
S Fund $109.1196 -0.34% +8.68%
I Fund $61.3781 -0.28% +10.61%
L Income $30.1723 -0.09% +3.18%
L 2030 $60.9371 -0.20% +4.89%
L 2035 $18.6651 -0.24% +5.58%
L 2040 $71.8065 -0.27% +5.93%
L 2045 $19.9260 -0.29% +6.24%
L 2050 $44.2732 -0.31% +6.55%
L 2055 $23.0836 -0.35% +7.72%
L 2060 $23.0808 -0.35% +7.72%
L 2065 $23.0779 -0.35% +7.72%
L 2070 $13.6778 -0.35% +7.72%
L 2075 $11.9476 -0.35% +7.72%
Get detailed TSP data at TSPDataCenter.com

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