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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.

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

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?

Becoming a TSP Millionaire Isn’t as Hard as You Think; It’s Much Harder

FedSmith.com author Anthony BucciBy Anthony BucciFeb 15, 2024 9:04 AM Categories Pay & Benefits Leave a comment

How can federal employees become TSP millionaires? The process is simple to understand but hard to do.

4 Ways to Optimize Your Savings and Investments in 2024

FedSmith.com author Thiago GliegerBy Thiago GliegerFeb 9, 2024 8:44 AM Categories Pay & Benefits Leave a comment

These are some ways federal employees can plan for financial success for the coming year.

First Month’s 2024 TSP Returns: Mixed Results

FedSmith.com author Ralph R. SmithBy Ralph R. SmithFeb 1, 2024 9:24 AM Categories Pay & Benefits Leave a comment

How do the monthly TSP returns look to start 2024? Despite a big drop on the last day, most TSP Funds showed a positive return in January.

Can Transferred TSP Funds “Just Disappear?”

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJan 31, 2024 11:15 AM Categories Pay & Benefits Leave a comment

Publicity about problems with the TSP may have unnerved some TSP investors. Here is how “lost” TSP money is handled.

2025 Federal Pay Raise Bidding Opens at 7.4%

FedSmith.com author Ian SmithBy Ian SmithJan 30, 2024 6:41 PM Categories Pay & Benefits Leave a comment

Legislation has been introduced to set the 2025 federal pay raise for federal employees at 7.4%.

OPM Banning Use of Salary History to Promote Pay Equity for Federal Employees

FedSmith.com author Ian SmithBy Ian SmithJan 30, 2024 7:05 AM | Updated: Jun 9, 2025 1:04 PM Categories Pay & Benefits Leave a comment

OPM is placing restrictions on the use of salary history to ensure equitable pay outcomes for newly hired federal employees.

FEGLI vs. Private Life Insurance: Now and in Retirement

By Austin CostelloJan 29, 2024 2:12 PM Categories Pay & Benefits Leave a comment

Is FEGLI the best life insurance for you? These are some considerations for federal employees weighing the decision.

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