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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.

A New Year and A New Benchmark Index for the TSP I Fund

FedSmith.com author David FeiBy David FeiMar 29, 2024 8:57 AM | Updated: Apr 21, 2024 4:22 PM Categories Pay & Benefits Leave a comment
Small globe pictured on top of a spread of international currency

What is the new benchmark index for the TSP’s I Fund all about?

2024 Off to Flying Start for TSP Returns: One Fund Up Almost 10%

FedSmith.com author Ralph R. SmithBy Ralph R. SmithMar 26, 2024 11:39 AM Categories Pay & Benefits Leave a comment
3D blue arrow with a dollar sign in the middle of it pointing up overlaid against a financial line graph depicting financial gains from a rising stock market

TSP returns are off to a strong start in 2024. One fund is up almost 10%.

10 Things You Should Know About Bull Markets

FedSmith.com author Thiago GliegerBy Thiago GliegerMar 26, 2024 8:05 AM Categories Pay & Benefits Leave a comment

These are some important facts about bull markets.

Salary Council: Add 15,000 Federal Employees to Higher Paying Locality Pay Areas

FedSmith.com author Ralph R. SmithBy Ralph R. SmithMar 25, 2024 7:32 AM | Updated: Oct 7, 2024 2:51 PM Categories Pay & Benefits Leave a comment
Close up of a person's hands holding hundred dollar bills in a fan shape

The rapid expansion of federal employee locality pay is continuing. Here is a proposed list adding about 15,000 more employees to locality pay areas in 2025.

2025 RSC Budget Would Make It Easier to Fire Federal Employees and Enact Pay Cuts

FedSmith.com author Ian SmithBy Ian SmithMar 22, 2024 9:24 AM Categories Pay & Benefits Leave a comment
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The 2025 Republican Study Committee budget proposal would make various reforms to federal employee pay and benefits.

SECURE Act 2.0 Changes to TSP Starting in January 2024 and into the Future

FedSmith.com author Brennan RhuleBy Brennan RhuleMar 20, 2024 8:47 AM | Updated: Apr 16, 2024 2:26 PM Categories Pay & Benefits Leave a comment

The SECURE Act 2.0 made changes to the TSP that are important for federal employees.

Plan and Invest Your TSP Like a Pro

FedSmith.com author Justin HoltzBy Justin HoltzMar 19, 2024 8:22 AM | Updated: Dec 20, 2024 11:49 AM Categories Pay & Benefits Leave a comment

These are four key areas federal employees must consider when managing their TSP accounts.

58 Federal Locality Pay Areas: 18.5% to 25.86% in 7 Years

FedSmith.com author Ralph R. SmithBy Ralph R. SmithMar 18, 2024 7:32 AM Categories Pay & Benefits Leave a comment
3D dollar sign pictured on green grass on a hill overlooking a city skyline with the sun setting in the background

What are salary differences between the 58 locality pay areas? One area increased $15,396 over 7 years while another gained $22,282 for GS12/Step5.

The Impact of Divorce on Federal Employee Benefits and Retirement

FedSmith.com author David FeiBy David FeiMar 15, 2024 9:17 AM | Updated: Apr 21, 2024 4:19 PM Categories Pay & Benefits Leave a comment

What happens to federal employee benefits in the event of a divorce?

Sort of Small Cap and Incomplete International: Going Inside TSP’s Most Misunderstood Funds

FedSmith.com author Jennifer MeyerBy Jennifer MeyerMar 14, 2024 2:21 PM Categories Pay & Benefits
Rolled up currency bills in rows with a focus on the US dollar and Chinese yuan in the middle depicting global finance/international stocks

The TSP’s I and S Funds may no be all that they appear to be on the surface.

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Daily TSP Performance

April 15, 2026

Fund Last % YTD
G Fund $19.8274 +0.01% +1.22%
F Fund $21.0267 -0.14% +0.69%
C Fund $112.7498 +0.81% +2.96%
S Fund $106.5255 +0.40% +6.09%
I Fund $61.4111 +0.10% +10.67%
L Income $30.0022 +0.14% +2.60%
L 2030 $60.3628 +0.28% +3.90%
L 2035 $18.4636 +0.33% +4.44%
L 2040 $70.9777 +0.36% +4.71%
L 2045 $19.6831 +0.38% +4.94%
L 2050 $43.7027 +0.41% +5.18%
L 2055 $22.7184 +0.50% +6.02%
L 2060 $22.7158 +0.50% +6.02%
L 2065 $22.7130 +0.50% +6.02%
L 2070 $13.4617 +0.50% +6.02%
L 2075 $11.7588 +0.50% +6.01%
Get detailed TSP data at TSPDataCenter.com

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