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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.

Practical Advice in Choosing the Right Health Plan

FedSmith.com author Ann WertsBy Ann WertsNov 24, 2009 6:53 AM Categories Pay & Benefits Leave a comment

Do you want a traditional, consumer-driven or high-deductible health plan? Much of this decision is driven by how healthy you and your family are. Your health will be a guiding factor in choosing the best coverage for you.

Which Health Plan is the Best One for You?

FedSmith.com author Ann WertsBy Ann WertsNov 20, 2009 8:03 AM Categories Pay & Benefits Leave a comment

Which health plan is the best one for you? Making the best choice depends on your personal interests and situation. Here are guidelines you can follow in making the best choice.

Made Your Decision About Long Term Care Insurance? Hold That Thought…

FedSmith.com author Ralph R. SmithBy Ralph R. SmithNov 16, 2009 7:09 AM Categories Pay & Benefits Leave a comment

If you made a decision on FLTCIP based on recent info, you need to reconsider until you receive and evaluate the correct information.

Congressional Movement on Federal Benefits

FedSmith.com author Ralph R. SmithBy Ralph R. SmithOct 8, 2009 8:23 AM Categories Pay & Benefits Leave a comment

A number of readers have been asking about the status of bills that would change the federal benefits program. A new conference report has rolled several of these proposed benefits changes into one bill. Here is a summary of the these changes in the conference report.

‘All hope abandon ye who enter here’

By Steve OppermannOct 4, 2009 3:33 PM Categories Pay & Benefits Leave a comment

This retired federal human resources expert says that the quote in the title of the article from Dante Alighieri, the great 14th century Italian poet who penned the “Divine Comedy,” should apply to federal workers who apply for worker’s compensation.

Good Politics? President Declares 2% Federal Employee Pay Raise for 2010

FedSmith.com author Ralph R. SmithBy Ralph R. SmithSep 1, 2009 8:46 AM Categories Pay & Benefits Leave a comment

President Obama has quietly sent out a letter to the House and Senate noting that for the federal workforce “an across-the board increase of 2.0 percent shall go into effect on the first day of the first applicable pay period beginning on or after January 1, 2010.”

Federal Pay Gap With Private Sector Growing

FedSmith.com author Ralph R. SmithBy Ralph R. SmithAug 25, 2009 9:13 AM Categories Pay & Benefits Leave a comment

According to the Bureau of Economic Analysis (an organization within the Department of Commerce), the average federal employee now makes $79,197, not including benefits. And, when benefits are added in, the average federal employee compensation averaged $119,982 based on 2008 figures.

Calculating Your 2010 Pay Rate: How Much Will You See in Your Paycheck?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithAug 9, 2009 6:35 PM Categories Pay & Benefits Leave a comment

What will your 2010 pay rate be in actual dollars and cents? That depends in large part on the final action by Congress and the President.

Your 2010 Pay Raise: 2%, 2.9% or 3.4%?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJul 9, 2009 8:38 AM Categories Pay & Benefits Leave a comment

Will the 2010 average federal pay raise be 2%, 2.9% or 3.4%? All three figures are being used in Congress by different committees. Here is an update on the status of the 2010 pay increase.

Forget the Sacrifice: Bumping Up the 2010 Pay Raise

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJun 30, 2009 8:09 AM Categories Pay & Benefits Leave a comment

A considerably higher pay raise has been authorized for the military which may bump up the 2010 pay raise for federal employees.

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Daily TSP Performance

May 4, 2026

Fund Last % YTD
G Fund $19.8731 +0.04% +1.46%
F Fund $20.8728 -0.32% -0.04%
C Fund $115.6318 -0.40% +5.59%
S Fund $109.1196 -0.34% +8.68%
I Fund $61.3781 -0.28% +10.61%
L Income $30.1723 -0.09% +3.18%
L 2030 $60.9371 -0.20% +4.89%
L 2035 $18.6651 -0.24% +5.58%
L 2040 $71.8065 -0.27% +5.93%
L 2045 $19.9260 -0.29% +6.24%
L 2050 $44.2732 -0.31% +6.55%
L 2055 $23.0836 -0.35% +7.72%
L 2060 $23.0808 -0.35% +7.72%
L 2065 $23.0779 -0.35% +7.72%
L 2070 $13.6778 -0.35% +7.72%
L 2075 $11.9476 -0.35% +7.72%
Get detailed TSP data at TSPDataCenter.com

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