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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.

Senate Deal to End Shutdown Includes Retroactive Pay

FedSmith.com author Ian SmithBy Ian SmithOct 16, 2013 5:02 PM Categories Federal Workforce News, Pay & Benefits Leave a comment

The agreement reached in the Senate today to end the shutdown includes retroactive pay for federal workers who were furloughed.

OPM Issues New ‘Guidance for Shutdown Furloughs’

By Bob GilsonOct 13, 2013 9:51 PM Categories Pay & Benefits Leave a comment

OPM has updated its Furlough Guidance website with new information on furloughs.

What’s Happened to the Retroactive Pay Legislation?

FedSmith.com author Ian SmithBy Ian SmithOct 9, 2013 3:44 PM Categories Pay & Benefits Leave a comment

The House of Representatives unanimously passed legislation over the weekend to provide retroactive pay to federal workers, but news about the bill has been quiet since it was sent to the Senate.

House Passes Bill to Pay ‘Essential’ Employees on Time

FedSmith.com author Ian SmithBy Ian SmithOct 9, 2013 3:21 PM Categories Federal Workforce News, Pay & Benefits Leave a comment

The House unanimously passed a bill to ensure that federal employees who have to work during the shutdown are paid on time.

Calculating Back Pay

By Robert F. BensonOct 6, 2013 2:27 PM Categories Pay & Benefits Leave a comment

Back pay for federal employees must be calculated in accordance with the requirements of the Back Pay Act. The author offers some details about how this process works.

House Passes Retroactive Pay Legislation

FedSmith.com author Ian SmithBy Ian SmithOct 5, 2013 11:12 AM Categories Federal Workforce News, Pay & Benefits Leave a comment

The House voted today to grant retroactive pay to federal employees who are furloughed as a result of the recent government shutdown.

House Vote Scheduled on Giving Retroactive Pay to Federal Employees

FedSmith.com author Ian SmithBy Ian SmithOct 3, 2013 11:25 PM Categories Federal Workforce News, Pay & Benefits Leave a comment

The House has scheduled a vote on the proposed legislation to give furloughed federal employees retroactive pay for the missed work days from the shutdown.

A Financial ‘Wake Up Call’ for Federal Workers

FedSmith.com author Ian SmithBy Ian SmithOct 3, 2013 11:03 PM Categories Pay & Benefits Leave a comment

The recent government shutdown has left many federal employees feeling scared, stressed and wondering how they will pay their bills. One financial advisor has some advice that he hopes can help.

Retroactive Pay for Federal Workforce Gaining Traction in House

FedSmith.com author Ian SmithBy Ian SmithOct 3, 2013 12:28 PM Categories Federal Workforce News, Pay & Benefits Leave a comment

An increasing number of lawmakers in the House are on board with the idea of giving retroactive pay to federal employees who are furloughed by the shutdown.

Bill Introduced in Senate to Provide Retroactive Pay for Shutdown Furloughs

FedSmith.com author Ian SmithBy Ian SmithOct 2, 2013 4:56 PM Categories Federal Workforce News, Pay & Benefits Leave a comment

Following on the heels of similar legislation introduced in the House, the Senate has now introduced a bill that would provide retroactive pay to federal employees who are furloughed by the shutdown.

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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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