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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.

President Gives Fed Workers Holiday on December 24th

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDec 21, 2012 12:53 PM Categories Pay & Benefits Leave a comment

The president has issued an executive order granting Monday, December 24th as a paid day off.

House Passes Bill Increasing Retirement Contributions by 5%

FedSmith.com author Ian SmithBy Ian SmithDec 20, 2012 5:56 PM Categories Federal Workforce News, Pay & Benefits, Retirement Leave a comment

The House narrowly passed the Spending Reduction Act, a bill that would raise federal employees’ retirement contributions by 5% over five years, beginning in 2013.

Diversity in the Workforce: Petition Filed Asking President Not to Give Feds Holiday on Dec. 24th

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDec 19, 2012 9:34 AM Categories Pay & Benefits Leave a comment

A reader who strongly believes federal employees should not have a paid holiday on December 24th has filed a petition asking the president not to make Christmas Eve an extra holiday this year.

Using an HSA: Tax Deduction Now, Tax-Free Money Later for Medical Expenses

FedSmith.com author Micah ShilanskiBy Micah ShilanskiDec 18, 2012 11:13 PM Categories Pay & Benefits Leave a comment

HSAs are special accounts designed to give you a tax deduction for qualified medical expenses.

Christmas Eve Holiday Petition Now Exceeds Required 25,000 Signatures

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDec 17, 2012 11:05 AM Categories Pay & Benefits Leave a comment

More than 25,000 people have now signed a petition asking President Obama to give Federal employees an extra paid holiday on December 24th.

Christmas Eve and the Federal Employee

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDec 13, 2012 8:20 AM Categories Pay & Benefits Leave a comment

What is the status of the petition filed with the White House to give federal employees an extra holiday on December 24th?

Is Your Agency the “Best Place to Work?”

FedSmith.com author Ian SmithBy Ian SmithDec 13, 2012 12:01 AM Categories Pay & Benefits Leave a comment

The 2012 Best Places to Work in the Federal Government rankings from the Partnership for Public Service indicate a decline in job satisfaction among federal employees in areas such as pay, rewards and advancement.

Do You Want Christmas Eve Off This Year?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDec 2, 2012 5:15 PM Categories Pay & Benefits Leave a comment

Should December 24, 2012 be an extra paid holiday for federal employees? Sign the petition if you think this is a good idea.

The Federal Pay Labyrinth

By Howard RisherNov 30, 2012 9:11 AM Categories Federal Workforce News, Pay & Benefits Leave a comment

The author says that the idea of locality pay works well on paper, but in practice it has become convoluted after its planners began worrying about congressional support and the locality areas were expanded in size.

Federal Workers Alliance: No More Workforce Cuts

FedSmith.com author Ian SmithBy Ian SmithNov 27, 2012 9:31 PM Categories Pay & Benefits Leave a comment

The Federal Workers Alliance recently sent a letter to House and Senate leaders asking that federal employees be excluded from further cuts as Congress embarks on its sequestration and fiscal cliff negotiations.

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Daily TSP Performance

March 31, 2026

Fund Last % YTD
G Fund $19.7918 +0.01% +1.04%
F Fund $20.8902 +0.21% +0.04%
C Fund $104.7643 +2.92% -4.34%
S Fund $99.1781 +3.44% -1.22%
I Fund $56.5148 +2.28% +1.84%
L Income $29.3186 +0.78% +0.26%
L 2030 $57.7723 +1.59% -0.56%
L 2035 $17.5340 +1.83% -0.82%
L 2040 $67.1123 +2.00% -0.99%
L 2045 $18.5420 +2.13% -1.14%
L 2050 $41.0174 +2.27% -1.29%
L 2055 $21.0590 +2.74% -1.73%
L 2060 $21.0565 +2.74% -1.73%
L 2065 $21.0539 +2.74% -1.73%
L 2070 $12.4783 +2.74% -1.73%
L 2075 $10.8998 +2.74% -1.73%
Get detailed TSP data at TSPDataCenter.com

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