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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.

No Pay Raise Until Congress Passes a Budget

FedSmith.com author Ian SmithBy Ian SmithAug 21, 2012 10:23 PM Categories Federal Workforce News, Pay & Benefits Leave a comment

President Obama said Tuesday in a letter to Congress that he will use his authority to give federal employees a 0.5% pay raise in 2013, but only if Congress passes a budget.

Bringing Federal Pay Into the 21st Century

FedSmith.com author Ian SmithBy Ian SmithAug 8, 2012 5:27 PM Categories Pay & Benefits Leave a comment

According to a series of recent interviews with 55 chief human capital officers, an outdated federal pay system is one of the primary challenges facing federal employment today.

C Fund Up 11% in 2012

FedSmith.com author Ralph R. SmithBy Ralph R. SmithAug 2, 2012 9:25 AM Categories Pay & Benefits Leave a comment

All of the TSP funds have a positive return for the year and most were up in July as well. The G fund hit an all-time low rate of return in June.

Socially Responsible Investing Through the TSP and Your Retirement Security

FedSmith.com author Ralph R. SmithBy Ralph R. SmithAug 2, 2012 7:11 AM Categories Pay & Benefits Leave a comment

Would a “socially responsible” investment option in the TSP improve your financial future?

Federal Employee Pay Likely to be Campaign Issue

FedSmith.com author Ian SmithBy Ian SmithJul 26, 2012 1:36 PM Categories Pay & Benefits Leave a comment

The political battle over federal pay and benefits continues to rage and may become an issue in the 2012 presidential election.

Average Federal Salary by Agency Size

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJul 26, 2012 7:16 AM Categories Pay & Benefits Leave a comment

How does your salary compare to your colleagues in large and small agencies? Which agency (that most people have never heard of) has an average of more than $165,000?

GAO: Federal Pay Studies Vary Widely

FedSmith.com author Ian SmithBy Ian SmithJul 23, 2012 7:43 PM Categories Pay & Benefits Leave a comment

According to a recent GAO report, several recent federal pay studies vary widely in their conclusions federal pay and benefits to the private sector.

How Well Are Government Employees Paid? Author Responds to Reader Comments

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJul 15, 2012 9:54 AM Categories Pay & Benefits Leave a comment

The article “How Well are Government Employees Paid” generated a large number of comments. Here, the author has responded to the most common themes submitted by readers.

How Well are Government Employees Paid?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJul 8, 2012 8:25 PM Categories Pay & Benefits Leave a comment

A pay expert writes that the federal pay system is ripe for change and the federal pay agent has lost credibility.

White House: Federal Employees Need a Pay Raise

FedSmith.com author Ian SmithBy Ian SmithJun 28, 2012 7:41 PM Categories Federal Workforce News, Pay & Benefits Leave a comment

In a statement issued by the Office of Management and Budget, the White House has indicated strong objection to the notion of federal workers going without a pay increase in 2013.

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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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