Are You Losing Free Money in Your TSP Account?
If you are not contributing at least 5% to your TSP account, you could be losing out on thousands of extra dollars.
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.
House Budget Committee Advances 2015 Budget Proposal
The House Budget Committee has approved the House Republican fiscal year 2015 budget.
Revise GS Pay System? High Resistance to Change in Civil Service
Changes recently proposed to the GS pay system represent a difficult organizational change. Change is always resisted, especially when it is seen as a threat to future earnings and careers. The manufacturers of those old Victrolas no doubt also resisted change but change did occur.
Changing Allocations for TSP Funds
The quarterly allocations for the TSP’s lifecycle funds are changing in April. Here is a summary of the changes in these funds.
Proposed Bill Would Give Federal Employees a 3.3% Raise
Federal workers would get a 3.3% pay increase under legislation proposed today by Rep. Gerry Connolly (D-VA).
TSP Considers Adding New Investments to Lifecycle Funds
Total assets in the TSP now exceed $400 billion. Also, consideration is being given to changing the investments for the lifecycle funds to include new types of assets such as emerging market stocks.
Changing the Automatic TSP Allocations for New Employees
A bill introduced this week would alter the automatic TSP investments for new federal employees. Here are the details.
Federal Pay Raises Through the Years
There are probably several reasons for the small pay raises of the past few years. Looking back, there are times when pay raises have been substantial. Why is today different?
FedSmith.com Users Think 4% Pay Raise is Fair
In a recent survey, we asked our users what size pay raise in 2015 would be fair. The majority of respondents said that they thought 4% would be appropriate.
Stock Funds Rebound in February: Will the Bull Market Continue?
The stock market decline in January did not carry through into February as stocks continued to go up. The F fund also went up–good news for investors in this fund which had a bad year in 2013.
