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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.

Lessons for Federal Employees From Warren Buffett

FedSmith.com author Anthony BucciBy Anthony BucciMar 6, 2024 9:10 AM Categories Pay & Benefits Leave a comment
Vector illustration of Warren Buffett

Federal employees can learn some important lessons from Warren Buffett to apply to their retirement investing.

Best TSP Returns to Start a Year Since 2019: C Fund Hits Record High

FedSmith.com author Ralph R. SmithBy Ralph R. SmithMar 1, 2024 9:51 AM Categories Pay & Benefits Leave a comment
Bull market - bull with his head tilted slight down and horns protruding against a line graph in the background

The TSP returns for the start of a year are the best since 2019 and the C Fund hit a new record high. All TSP funds were up in February with one exception.

Comparing FEGLI Option B with Term Life Insurance: Which is Right for You?

FedSmith.com author David FeiBy David FeiFeb 29, 2024 8:27 AM | Updated: Apr 21, 2024 4:20 PM Categories Pay & Benefits Leave a comment
Close up of a businessman's hand holding a clipboard that reads 'FEGLI - Federal Employees Group Life Insurance'

Which is better for federal employees: FEGLI or term life insurance? These are some important considerations.

Federal Employee Retention Pay and a Promotion

FedSmith.com author Ralph R. SmithBy Ralph R. SmithFeb 28, 2024 1:44 PM | Updated: Jul 18, 2024 10:17 AM Categories Pay & Benefits, Q&A Leave a comment
$100 dollar bill locked by a small padlock with the key sitting off to the side

What is retention pay? When is it terminated? What if an employee on retention pay receives a promotion?

Stay Calm and Carry On in Your TSP

FedSmith.com author Anthony BucciBy Anthony BucciFeb 28, 2024 8:05 AM Categories Pay & Benefits Leave a comment
Businessman with his hands clasped behind his head appearing worried as he looks at a financial chart showing declining stock market returns

You may be your own worst enemy when it comes to investing in the TSP.

Try, Try Again: One Lawmaker’s Quest to Offer Federal Employees Short-Term Disability Insurance

FedSmith.com author Ian SmithBy Ian SmithFeb 26, 2024 1:55 PM Categories Pay & Benefits Leave a comment

Legislation has been reintroduced to give federal employees an option to purchase short-term disability insurance.

Federal Employees: Select Your Beneficiaries OR They Will Be Chosen For You

FedSmith.com author Brennan RhuleBy Brennan RhuleFeb 21, 2024 7:40 AM | Updated: Apr 8, 2024 10:18 AM Categories Pay & Benefits Leave a comment
'beneficiary' written on a notepad next to a calculator and paper clips on a desk work area

Federal employees who have not defined or updated beneficiaries could find that their benefits are not paid out as they intended.

Winners and Losers in Locality Pay Value for Federal Employees

FedSmith.com author Ralph R. SmithBy Ralph R. SmithFeb 20, 2024 6:33 AM | Updated: Jan 13, 2025 6:40 PM 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

Locality pay now covers most federal employees. How much difference does a locality pay area make in salary levels?

How to Invest Your TSP During All-Time High Markets

FedSmith.com author Thiago GliegerBy Thiago GliegerFeb 16, 2024 9:25 AM Categories Pay & Benefits Leave a comment

The S&P 500 recently hit another all-time high. What does this mean for your investment strategy?

Warren Buffet’s TSP Advice

FedSmith.com author Dallen HawsBy Dallen HawsFeb 15, 2024 1:45 PM Categories Pay & Benefits Leave a comment

Can Warren Buffet’s investment strategy be applied to the TSP?

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Daily TSP Performance

April 29, 2026

Fund Last % YTD
G Fund $19.8609 +0.01% +1.39%
F Fund $20.8926 -0.38% +0.05%
C Fund $114.5779 -0.04% +4.63%
S Fund $107.0642 -0.55% +6.63%
I Fund $60.5894 -0.56% +9.19%
L Income $30.0628 -0.09% +2.80%
L 2030 $60.5286 -0.18% +4.18%
L 2035 $18.5187 -0.21% +4.75%
L 2040 $71.1974 -0.23% +5.03%
L 2045 $19.7461 -0.24% +5.28%
L 2050 $43.8490 -0.26% +5.53%
L 2055 $22.8166 -0.28% +6.47%
L 2060 $22.8138 -0.28% +6.47%
L 2065 $22.8109 -0.29% +6.47%
L 2070 $13.5196 -0.29% +6.47%
L 2075 $11.8094 -0.29% +6.47%
Get detailed TSP data at TSPDataCenter.com

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