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Federal Employee Pay News

Federal employee pay news: If it impacts pay and benefits for federal employees, you’ll find it here. Topics include TSP, FEHB, or 2023 federal pay raise, 2023 GS locality pay, 2023 GS pay scale, OPM and GS pay news.

The TSP’s G Fund: What You Need to Know

FedSmith.com author Ralph R. SmithBy Ralph R. SmithUpdated: August 29, 2023 4:36 PM Categories Federal Employee Pay News, Q&A Leave a comment

How is the G Fund interest rate calculated? If inflation takes off, will money invested in the G fund earn a higher interest rate?

IRS Announces “Administrative Transition Period” for Catch-Up Contributions to TSP and Similar Plans

FedSmith.com author Ralph R. SmithBy Ralph R. SmithAugust 28, 2023 6:06 AM Categories Federal Employee Retirement, Federal Employee Pay News Leave a comment
Magnifying glass centered over a dollar sign against a blue background

The IRS has revised a policy on catch-up contributions that will impact TSP contributions for many federal employees.

FEHB + Medicare = Better Medical Bill Management

FedSmith.com author Francis Xavier (FX) BergmeisterBy Francis Xavier (FX) BergmeisterAugust 24, 2023 12:04 PM Categories Federal Employee Pay News Leave a comment

When paired with Medicare, the right FEHB plan can help federal employees prevent unwanted medical bills.

TSP Returns, Latest on Government Shutdown, and 10-Year L Fund Returns

FedSmith.com author Ralph R. SmithBy Ralph R. SmithAugust 22, 2023 11:38 AM Categories Federal Employee Pay News Leave a comment

TSP returns so far in August 2023, government shutdown news and TSP L Fund returns over 10 years.

Is “DIY Diversification” Worth the Hassle?

By Lisa WhitleyAugust 18, 2023 11:28 AM Categories Federal Employee Pay News Leave a comment
Pink piggy bank wearing glasses sitting on a desk next to a calculator with a bunch of questions marks drawn on a chalkboard in the background

Should federal employees use the L Funds or assemble their own mix of the core TSP funds?

GSA Releases FY 2024 Per Diem Rates

FedSmith.com author Ian SmithBy Ian SmithAugust 18, 2023 6:21 AM Categories Federal Employee Pay News Leave a comment

GSA has released the per diem rates for fiscal year 2024.

Alternative Pay Plan Coming—and Why Government Shutdown is an Annual Event

FedSmith.com author Ralph R. SmithBy Ralph R. SmithAugust 17, 2023 12:09 PM Categories Federal Employee Pay News Leave a comment
Image of a snail crawling across several stacks of coins against a white background that get gradually larger in size depicting a slow moving pay raise process

What is the next step before the “big reveal” of the federal employee pay raise? Why are we facing another government shutdown?

Are There Chinese Investments in the TSP?

FedSmith.com author Ian SmithBy Ian SmithUpdated: August 18, 2023 2:18 PM Categories Federal Employee Pay News Leave a comment
Rolled up currency bills in rows with a focus on the US dollar and Chinese yuan in the middle depicting global finance/international stocks

Do federal employees have to worry about their investments in the TSP supporting Chinese companies?

Annual Federal Pay Raises During Inflation: Carter vs. Biden & Latest Inflation Data

FedSmith.com author Ralph R. SmithBy Ralph R. SmithAugust 10, 2023 10:50 AM Categories Federal Employee Pay News, Federal Employee Retirement Leave a comment
Impact of inflation on everyday items as of July 2023: Food, electricity, shelter, new cars and transportation services

The rate of inflation is decreasing. Are you feeling better yet?

Flexible Spending Account (FSA) Resources for Federal Employees

FedSmith.com author Francis Xavier (FX) BergmeisterBy Francis Xavier (FX) BergmeisterAugust 10, 2023 6:40 AM Categories Federal Employee Pay News Leave a comment

Federal employees can visit the Federal Flexible Spending Account Program (FSAFEDS) website when their healthcare needs change.

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Daily TSP Performance

September 20, 2023

Fund Last % YTD
G Fund $17.7283 +0.01% +2.86%
F Fund $18.2480 -0.05% +0.22%
C Fund $68.3417 -0.93% +16.02%
S Fund $67.9077 -0.73% +10.36%
I Fund $37.4073 -0.12% +10.21%
L Income $24.0645 -0.15% +5.31%
L 2025 $12.1946 -0.22% +6.75%
L 2030 $42.6033 -0.37% +9.03%
L 2035 $12.7074 -0.41% +9.61%
L 2040 $47.7969 -0.45% +10.20%
L 2045 $13.0106 -0.48% +10.69%
L 2050 $28.3637 -0.51% +11.21%
L 2055 $13.8803 -0.61% +13.19%
L 2060 $13.8786 -0.61% +13.19%
L 2065 $13.8765 -0.61% +13.18%
Get detailed TSP data at TSPDataCenter.com

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