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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.

What’s the Status of the New TSP Website Performance?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithFebruary 28, 2023 2:44 PM Categories Federal Employee Pay News Leave a comment

Readers have reported unhappy experiences with the new TSP website. Here is a summary of improvements that are on-going and planned for the near future.

Federal Employees Under Blue Cross Blue Shield Need to Know This

FedSmith.com author Dallen HawsBy Dallen HawsFebruary 24, 2023 11:25 AM Categories Federal Employee Pay News Leave a comment

Federal employees under both Medicare and FEHB could see much higher insurance costs if they pick the wrong plan.

Important Changes to Some TSP Forms

FedSmith.com author Francis Xavier (FX) BergmeisterBy Francis Xavier (FX) BergmeisterFebruary 13, 2023 7:29 AM Categories Federal Employee Pay News Leave a comment

Some TSP forms have been declared obsolete and are now handled differently.

Lawmakers Push to Give Federal Employees 12 Weeks of Paid Leave

FedSmith.com author Ian SmithBy Ian SmithFebruary 9, 2023 1:26 PM Categories Federal Employee Pay News Leave a comment

Legislation has been introduced to expand paid leave for federal employees.

How to Get FEHB to Pay for Medicare Premiums

FedSmith.com author Dallen HawsBy Dallen HawsFebruary 6, 2023 2:55 PM Categories Federal Employee Pay News Leave a comment

FEHB and Medicare often work together, and some FEHB plans help cover the cost of Medicare Part B premiums.

White House Wants to Give More Leave to Federal Employees

FedSmith.com author Ian SmithBy Ian SmithFebruary 2, 2023 5:06 PM Categories Federal Employee Pay News Leave a comment
A pen on a leave application document

President Biden wants to give more leave options to federal employees.

TSP Performance Positive in January: S Fund Up 10.82%

FedSmith.com author Ralph R. SmithBy Ralph R. SmithFebruary 1, 2023 9:03 AM Categories Federal Employee Pay News Leave a comment
Bar graph showing TSP performance for January 2023

TSP performance in January 2023 was flipped from January 2022. All TSP Funds are showing a positive return to start off the year.

Renewed Effort to Give Federal Employees a Holiday for Lunar New Year

FedSmith.com author Ian SmithBy Ian SmithJanuary 27, 2023 10:40 AM Categories Federal Employee Pay News Leave a comment
Chinese writing on a gold card on a table with a red backdrop surrounded by hard candy and streamers depicting a celebration of Lunar New Year

Legislation has been reintroduced to create another federal holiday for Lunar New Year.

2024 Federal Pay Raise: How About 8.7%?

FedSmith.com author Ian SmithBy Ian SmithUpdated: January 30, 2023 1:53 PM Categories Federal Employee Pay News Leave a comment
Illustration of bags and piles of money growing in size from left to right with a rising trend line arrow above them depicting growing savings/wealth for retirement

Legislation has been introduced to set the 2024 federal pay raise for federal employees at 8.7%.

What Federal Employees Should Know About Assignment of FEGLI Coverage

By Benjamin DergeJanuary 25, 2023 2:29 PM Categories Federal Employee Pay News

Assigning your FEGLI coverage to another party? This is when you might want to consider it and what you should know before committing.

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Daily TSP Performance

March 22, 2023

Fund Last % YTD
G Fund $17.3848 +0.01% +0.87%
F Fund $18.8031 +1.01% +3.27%
C Fund $60.6434 -1.64% +2.95%
S Fund $62.0341 -2.64% +0.82%
I Fund $35.6406 +0.10% +5.00%
L Income $23.2328 -0.22% +1.67%
L 2025 $11.6578 -0.38% +2.05%
L 2030 $40.0957 -0.64% +2.61%
L 2035 $11.9157 -0.70% +2.78%
L 2040 $44.6439 -0.77% +2.93%
L 2045 $12.1132 -0.82% +3.06%
L 2050 $26.3143 -0.89% +3.17%
L 2055 $12.6820 -1.16% +3.42%
L 2060 $12.6808 -1.16% +3.42%
L 2065 $12.6794 -1.16% +3.42%
Get detailed TSP data at TSPDataCenter.com

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