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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.

The Politics of Federal Pay Rates

FedSmith.com author Ralph R. SmithBy Ralph R. SmithNov 1, 2012 8:29 AM Categories Pay & Benefits Leave a comment

Are federal employees paid too much, too little or about the right amount? The gap is growing larger between those that argue feds are over or underpaid.

AFGE on 2013 COLA: It Could Have Been Worse

FedSmith.com author Ian SmithBy Ian SmithOct 16, 2012 11:27 AM Categories Federal Workforce News, Pay & Benefits, Retirement Leave a comment

AFGE president J. David Cox Sr. released a statement today on the announcement of the 1.7% COLA that will be given to federal retirees and Social Security recipients in which he said, “It could have been much worse.”

Your 2013 COLA: 1.7%

FedSmith.com author John GrobeBy John GrobeOct 16, 2012 9:39 AM Categories Federal Workforce News, Pay & Benefits, Retirement Leave a comment

Social Security has announced benefit changes for 2013. The cost-of-living adjustment that Social Security recipients will receive starting in January will be 1.7%.

Rasmussen: 58% Think Federal Employees Earn More Than Private Sector Workers

FedSmith.com author Ian SmithBy Ian SmithOct 10, 2012 8:54 PM Categories Federal Workforce News, Pay & Benefits Leave a comment

A Rasmussen survey released this week found that 58% of American adults surveyed believe that federal employees earn more money than private sector workers, and 64% said they believe private sector employees work harder than government employees. What’s your opinion? Share your feedback in our survey.

The Five Year Requirement Under FEHB

FedSmith.com author John GrobeBy John GrobeOct 3, 2012 7:30 PM Categories Pay & Benefits Leave a comment

The author examines the “five-year requirement” under the Federal Employees Health Benefit and how it applies to your Federal Employees Group Life Insurance.

Pay Freeze to Continue Through March

FedSmith.com author Ralph R. SmithBy Ralph R. SmithSep 29, 2012 5:22 PM Categories Federal Workforce News, Human Resources, Pay & Benefits Leave a comment

The president has signed another continuing appropriations resolution to fund the government for another few months. It means that the existing pay freeze for federal employees will continue.

FEHBP Rates to Increase Average of 3.4% in 2013

FedSmith.com author Ian SmithBy Ian SmithSep 20, 2012 2:14 PM Categories Pay & Benefits Leave a comment

OPM has announced that the average premium for those covered under the Federal Employees Health Benefits (FEHB) Program will increase by 3.4% in 2013. The increase is lower than last year’s increase of 3.8%.

Extended Pay Freeze One Step Closer to Reality

FedSmith.com author Ian SmithBy Ian SmithSep 13, 2012 9:02 PM Categories Federal Workforce News, Pay & Benefits Leave a comment

The House of Representatives approved a $1.047 trillion stopgap spending bill on Thursday to avert a government shutdown. In accordance with a recent directive from President Obama, this means federal employees will have an extended pay freeze if it passes Congress.

GOP Platform Proposes Cutting Federal Workforce, Pay Adjustments

FedSmith.com author Ian SmithBy Ian SmithAug 28, 2012 8:46 PM Categories Pay & Benefits Leave a comment

The Republican Party platform that was adopted Tuesday at the Republican National Convention in Tampa would cut the size of the federal workforce and adjust federal pay and benefits to “reflect those of the private sector.”

Prepare for Tax Changes in 2013

FedSmith.com author Carol SchmidlinBy Carol SchmidlinAug 24, 2012 6:34 AM Categories Pay & Benefits Leave a comment

Will the Bush era tax cuts be extended by Congress? Nobody knows, but regardless of what Congress does, the authors offer steps one can consider taking before year end to improve your personal finances.

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Daily TSP Performance

April 1, 2026

Fund Last % YTD
G Fund $19.7939 +0.01% +1.05%
F Fund $20.8929 +0.01% +0.05%
C Fund $105.5194 +0.72% -3.65%
S Fund $99.8332 +0.66% -0.57%
I Fund $57.7086 +2.11% +3.99%
L Income $29.4203 +0.35% +0.61%
L 2030 $58.1639 +0.68% +0.11%
L 2035 $17.6744 +0.80% -0.03%
L 2040 $67.6954 +0.87% -0.13%
L 2045 $18.7140 +0.93% -0.22%
L 2050 $41.4218 +0.99% -0.31%
L 2055 $21.3088 +1.19% -0.56%
L 2060 $21.3063 +1.19% -0.56%
L 2065 $21.3037 +1.19% -0.56%
L 2070 $12.6263 +1.19% -0.56%
L 2075 $11.0291 +1.19% -0.56%
Get detailed TSP data at TSPDataCenter.com

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