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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.

2006 Pay Raise Moves Forward in Congress

FedSmith.com author Ralph R. SmithBy Ralph R. SmithNov 21, 2005 7:28 AM Categories Pay & Benefits Leave a comment

The 3.1% pay raise for federal employees is now virtually assured based on Congressional action late last week.

Federal Pay and Charity: Readers React to Pay Raise Controversy

By FedSmith.comNov 9, 2005 8:05 AM Categories Pay & Benefits Leave a comment

Will the controvery surrounding the 2006 pay raise for active federal employees have an impact on CFC donations this year? Here are the results of a recent survey.

Are You Taking Advantage of All Your Federal Benefits?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithNov 8, 2005 8:07 AM Categories Pay & Benefits Leave a comment

Flexible spending accounts are open to many federal employees but it is a benefit often overlooked or misunderstood. Here is a quick summary of the program.

No Pay Freeze in Deficit Reduction Package Passed in Senate

FedSmith.com author Ralph R. SmithBy Ralph R. SmithNov 7, 2005 8:01 AM Categories Pay & Benefits Leave a comment

The Senate has passed a deficit reduction package that does not include a pay freeze for federal employees for 2006.

Just When You Thought It Was Safe! New Move in Senate to Freeze Feds’ 2006 Raise

FedSmith.com author Ralph R. SmithBy Ralph R. SmithOct 27, 2005 8:13 AM Categories Pay & Benefits Leave a comment

A “Fiscal Watch Team” has been formed in the Senate to cut back on government spending. One target: The 2006 pay raise for federal employees.

Should Congressional Pay Raise Action Impact Your 2006 Raise?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithOct 20, 2005 7:20 AM Categories Pay & Benefits Leave a comment

Should Congress forego a pay raise this year? If that happens, should the pay raise for federal employees be impacted as well in order to cut government spending?

Federal Pay and Benefits: Tough Choices in Tough Times

FedSmith.com author Ralph R. SmithBy Ralph R. SmithOct 17, 2005 8:29 AM Categories Pay & Benefits Leave a comment

The mood in Congress is changing rapidly and lawmakers appear to be serious about finding new ways to cut government spending.

‘High Three’ to ‘High Five’

FedSmith.com author Ralph R. SmithBy Ralph R. SmithSep 22, 2005 7:24 AM Categories Pay & Benefits Leave a comment

Government spending to recover from Hurricane Katrina means spending cuts will probably be necessary in other government programs. One possibility is changing the formula for calculating federal employee pension benefits.

Federal Vision, Dental Program Start Delayed

FedSmith.com author Ralph R. SmithBy Ralph R. SmithSep 20, 2005 8:55 AM Categories Pay & Benefits Leave a comment

OPM has delayed the start of the dental and vision program for federal employees.

Federal Salaries: Myths, Misperceptions and Reality

FedSmith.com author Ralph R. SmithBy Ralph R. SmithSep 6, 2005 8:36 AM Categories Pay & Benefits Leave a comment

Readers questioned the data on federal employee salaries in a recent article. Here is more information on what goes into the data and why the information generates interest among readers.

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Daily TSP Performance

March 31, 2026

Fund Last % YTD
G Fund $19.7918 +0.01% +1.04%
F Fund $20.8902 +0.21% +0.04%
C Fund $104.7643 +2.92% -4.34%
S Fund $99.1781 +3.44% -1.22%
I Fund $56.5148 +2.28% +1.84%
L Income $29.3186 +0.78% +0.26%
L 2030 $57.7723 +1.59% -0.56%
L 2035 $17.5340 +1.83% -0.82%
L 2040 $67.1123 +2.00% -0.99%
L 2045 $18.5420 +2.13% -1.14%
L 2050 $41.0174 +2.27% -1.29%
L 2055 $21.0590 +2.74% -1.73%
L 2060 $21.0565 +2.74% -1.73%
L 2065 $21.0539 +2.74% -1.73%
L 2070 $12.4783 +2.74% -1.73%
L 2075 $10.8998 +2.74% -1.73%
Get detailed TSP data at TSPDataCenter.com

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