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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.

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
Stock Quotes as graphs and tables with magnifying glass focused on a graph showing stock market volatility and calculator in panoramic format

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
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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
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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
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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
Paper cutouts of a person under an umbrella next to the words 'life insurance'

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

Number of TSP Millionaires Hits Record High in 2023

FedSmith.com author Ian SmithBy Ian SmithJan 26, 2024 6:25 AM Categories Pay & Benefits Leave a comment
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The stock market rally in 2023 led to a record setting increase in the number of TSP millionaires.

2024 Provides Positive Start for TSP Investors

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJan 23, 2024 1:48 PM Categories Pay & Benefits Leave a comment
Four vertical stacks of coins growing in height from left to right next to an old style alarm clock

L Fund investments are increasing in the TSP. CSRS participation is declining as these investors age. More federal employees now getting the full match.

A New TSP Asset Allocation Quilt Chart for 2024

FedSmith.com author Francis Xavier (FX) BergmeisterBy Francis Xavier (FX) BergmeisterJan 23, 2024 8:21 AM | Updated: Jan 7, 2025 4:08 PM Categories Pay & Benefits Leave a comment

This colorful chart is a visual aid to help federal employees diversify their TSP investments for retirement.

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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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