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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.

FEEA Expects Surge of Applications from Furloughs

FedSmith.com author Ian SmithBy Ian SmithMar 5, 2013 5:21 PM Categories Pay & Benefits Leave a comment

With sequestration now in effect, the Federal Employee Education and Assistance Fund is bracing for an avalanche of requests about furlough assistance for federal families.

White House Holds Off Threatening Veto On House Pay Freeze Bill

FedSmith.com author Ian SmithBy Ian SmithMar 5, 2013 4:58 PM Categories Federal Workforce News, Pay & Benefits Leave a comment

The White House issued a statement on the House GOP plan to temporarily fund the government and extend the pay freeze on the federal workforce that stopped short of threatening a veto should it pass both the House and Senate.

House GOP Plan to Fund Government Would Extend Pay Freeze

FedSmith.com author Ian SmithBy Ian SmithMar 4, 2013 4:24 PM Categories Federal Workforce News, Pay & Benefits Leave a comment

House Republicans unveiled a plan Monday to fund day-to-day operations of the government through September.

Sequestration and Your TSP Account

FedSmith.com author Ian SmithBy Ian SmithMar 3, 2013 12:13 PM Categories Pay & Benefits, Retirement Leave a comment

The TSP has provided some information to participants on how sequestration may affect their accounts.

Will a Furlough Affect Leave Accrual and Retirement Annuity Benefits?

FedSmith.com author Ian SmithBy Ian SmithMar 1, 2013 10:43 AM Categories Pay & Benefits, Retirement Leave a comment

OPM has added additional guidance to its information on furloughs to cover leave accrual and retirement annuity benefits.

Norton to Donate Pay to Help Federal Employees

By FedSmith.comFeb 28, 2013 4:52 PM Categories Federal Workforce News, Pay & Benefits Leave a comment

Congresswoman Eleanor Holmes Norton (D-DC) has announced that she will donate a day’s pay for each day federal employees are furloughed this year if sequestration takes effect.

Ayotte Proposes Extending Pay Freeze to Avert Sequestration

FedSmith.com author Ian SmithBy Ian SmithFeb 28, 2013 4:47 PM Categories Federal Workforce News, Pay & Benefits Leave a comment

Senator Kelly Ayotte (R-NH) has proposed legislation that would extend the pay freeze increase current federal employees’ pension contributions as a means of avoiding sequestration cuts, however, the Senate has said it will not be put to a vote.

Sequestration Puts Hiring and Bonuses Under Scrutiny

FedSmith.com author Ian SmithBy Ian SmithFeb 28, 2013 10:05 AM Categories Pay & Benefits Leave a comment

OMB has told federal agencies to slow down new hiring and apply extra scrutiny to handing out bonuses as a precaution for sequestration cuts.

Administrative Guidance on Furloughs

FedSmith.com author Ian SmithBy Ian SmithFeb 21, 2013 9:14 AM Categories Pay & Benefits Leave a comment

OPM offers some administrative guidance federal employees can use in the event of a furlough.

House Votes to Extend Pay Freeze (Again)

FedSmith.com author Ian SmithBy Ian SmithFeb 15, 2013 11:33 AM Categories Federal Workforce News, Pay & Benefits Leave a comment

The House voted today to block the 0.5% pay increase for federal employees that is set to go into effect this spring.

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Daily TSP Performance

May 1, 2026

Fund Last % YTD
G Fund $19.8657 +0.01% +1.42%
F Fund $20.9401 +0.12% +0.28%
C Fund $116.0963 +0.29% +6.01%
S Fund $109.4965 +0.40% +9.05%
I Fund $61.5532 -0.18% +10.92%
L Income $30.1996 +0.05% +3.27%
L 2030 $61.0590 +0.09% +5.10%
L 2035 $18.7105 +0.11% +5.83%
L 2040 $71.9984 +0.11% +6.21%
L 2045 $19.9834 +0.12% +6.54%
L 2050 $44.4091 +0.13% +6.88%
L 2055 $23.1647 +0.14% +8.10%
L 2060 $23.1620 +0.14% +8.10%
L 2065 $23.1591 +0.14% +8.10%
L 2070 $13.7260 +0.14% +8.10%
L 2075 $11.9897 +0.14% +8.10%
Get detailed TSP data at TSPDataCenter.com

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