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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 Pay is the Right Pay But ONLY When It’s Regularly Scheduled

By Wayne ColemanOct 7, 2014 4:14 PM | Updated: Aug 12, 2016 2:58 PM Categories Federal Workforce News, Pay & Benefits Leave a comment

The author details what qualifies as night work for General Schedule employees, how much night pay will be, and any conditions that may impact whether you will receive night pay when assigned to a shift that includes night hours.

Will I Forfeit My Pension If I Accept a Job with USPS?

FedSmith.com author John GrobeBy John GrobeSep 24, 2014 6:37 AM Categories Pay & Benefits, Q&A Leave a comment

I am a retired air traffic controller with the FAA after 25 yrs of service. Will I forfeit my pension from the FAA if I accept a job with the USPS?

Temporary Funding Measure Passes Congress – No Change on Pay Raise

FedSmith.com author Ralph R. SmithBy Ralph R. SmithSep 18, 2014 7:44 AM Categories Pay & Benefits Leave a comment

Congress has passed a measure to fund the government through December 11 and to prevent a government shutdown.

1% Federal Pay Raise in 2015 Closer to Reality

FedSmith.com author Ralph R. SmithBy Ralph R. SmithSep 11, 2014 12:22 PM Categories Pay & Benefits Leave a comment

The likelihood of a 1% federal pay raise next year is one step closer to becoming a reality with the introduction of a continuing resolution to fund the federal government.

Comparing Average Salary to Highest Paid Salaries in Federal Jobs

FedSmith.com author Ralph R. SmithBy Ralph R. SmithSep 9, 2014 4:17 PM Categories Pay & Benefits Leave a comment

What are the average salaries for some federal jobs and how do they compare to the highest paid ones? While in the same category, the differences may surprise some. If you fall into one of these categories, see how you compare to the average and the highest paid individuals.

What’s the Rationale Behind the Best Dates to Retire in 2014?

By Ehren ClovisSep 9, 2014 6:22 AM | Updated: Aug 12, 2016 2:58 PM Categories Pay & Benefits, Q&A, Retirement Leave a comment

Could you explain the rationale for the best dates to retire? For example why is Dec 28 better than Dec 31 for 2014?

Pay for Performance – The Best Possible Solution?

By Wayne ColemanSep 3, 2014 3:14 PM Categories Human Resources, Pay & Benefits Leave a comment

The author recounts his experiences as a former position classification specialist as they relate to the debate over a fair pay system to use within the federal government. He offers some suggestions for approaches to take on the debate over replacing the General Schedule pay system.

C Fund Up More than 4% in August

FedSmith.com author Ralph R. SmithBy Ralph R. SmithSep 3, 2014 9:27 AM Categories Pay & Benefits Leave a comment

All of the TSP funds had a positive return in August except for the I fund.

OPM Needs to Modernize GS System

FedSmith.com author Ian SmithBy Ian SmithSep 2, 2014 4:57 PM | Updated: Aug 12, 2016 2:58 PM Categories Federal Workforce News, Human Resources, Pay & Benefits Leave a comment

The Government Accountability Office said in a new report that the Office of Personnel Management needs to work on ways to modernize the General Schedule system.

Obama Calls on Feds to Do Their ‘Fair Share’ With 1% Pay Raise for 2015

FedSmith.com author Ralph R. SmithBy Ralph R. SmithAug 30, 2014 10:17 AM Categories Pay & Benefits Leave a comment

President Obama has sent a letter to House Speaker John Boehner and Vice President Joe Biden for a 1 percent across-the-board pay increase for the federal workforce. Here is a copy of the letter describing the pay adjustments to take place in January 2015.

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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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