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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.

Why Your TSP Employer Match is Worth More Than You Think

By Tyler WeerdenApr 4, 2024 1:51 PM | Updated: Jul 24, 2024 4:02 PM Categories Pay & Benefits Leave a comment

Federal employees who aren’t taking advantage of the full TSP match are missing out on free money.

Bill Imposing Telework Requirements: “Americans have been on hold while bureaucrats phone it in.”

FedSmith.com author Ralph R. SmithBy Ralph R. SmithApr 4, 2024 7:46 AM | Updated: May 8, 2024 11:32 AM Categories Pay & Benefits Leave a comment
Man reclining on a sofa while working on a laptop with a dog lying next to him

A bill would impose restrictions on telework by federal employees. It would also require evaluating the impact of telework on delivery and response times of services.

Tax Strategies When Taking TSP Withdrawals

FedSmith.com author Dallen HawsBy Dallen HawsApr 2, 2024 9:16 AM | Updated: Apr 3, 2024 5:24 PM Categories Pay & Benefits Leave a comment

Tax planning is important when withdrawing money from your TSP account, otherwise you may be paying more in taxes than you have to.

An Update on Weight Loss Drug Coverage from FEHB Plans

FedSmith.com author Kevin MossBy Kevin MossApr 1, 2024 12:24 PM Categories Pay & Benefits Leave a comment

How FEHB plans cover weight loss drugs for federal employees varies widely.

22 Record Highs in 3 Months: TSP Returns 10%+ for One TSP Stock Fund

FedSmith.com author Ralph R. SmithBy Ralph R. SmithMar 30, 2024 8:20 AM Categories Pay & Benefits Leave a comment
Silhouette of a bull overlaid on a table of stock market prices against a blue background

So far, 2024 has been a great year for TSP returns. All TSP Funds, with one exception, are showing a positive return in 2024.

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
Scissors cutting a $100 bill

The 2025 Republican Study Committee budget proposal would make various reforms to federal employee pay and benefits.

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Daily TSP Performance

April 28, 2026

Fund Last % YTD
G Fund $19.8585 +0.01% +1.38%
F Fund $20.9730 -0.12% +0.44%
C Fund $114.6232 -0.49% +4.67%
S Fund $107.6536 -1.08% +7.22%
I Fund $60.9283 -0.60% +9.80%
L Income $30.0904 -0.17% +2.90%
L 2030 $60.6350 -0.34% +4.37%
L 2035 $18.5574 -0.40% +4.97%
L 2040 $71.3603 -0.44% +5.27%
L 2045 $19.7945 -0.47% +5.54%
L 2050 $43.9628 -0.50% +5.80%
L 2055 $22.8818 -0.60% +6.78%
L 2060 $22.8790 -0.60% +6.78%
L 2065 $22.8762 -0.60% +6.78%
L 2070 $13.5583 -0.60% +6.78%
L 2075 $11.8432 -0.60% +6.78%
Get detailed TSP data at TSPDataCenter.com

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