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Federal Employee Pay News

Federal employee pay news: If it impacts pay and benefits for federal employees, you’ll find it here. Stay informed about important topics such as annual federal pay raises, the GS pay scale, and  Thrift Savings Plan (TSP) including the latest TSP performance updates. You will also find articles about the Federal Employees Health Benefits (FEHB) program, Federal Employees Group Life Insurance (FEGLI), and Federal Employees Dental and Vision Insurance Program (FEDVIP), or event legislation in Congress that could impact federal employees’ pay and benefits.

OPM Issues Final Rule Giving Some FWS Federal Employees a Pay Raise

FedSmith.com author Ian SmithBy Ian SmithJan 20, 2025 8:25 AM Categories Federal Employee Pay News Leave a comment
A large 3D dollar sign is pictured behind a harbor front city skyline

OPM has issued a final rule that will impact the salaries of about 17,000 Federal Wage System federal employees.

A New 2025 TSP Asset Allocation Quilt Chart

FedSmith.com author Francis Xavier (FX) BergmeisterBy Francis Xavier (FX) BergmeisterJan 17, 2025 9:01 AM | Updated: Jan 18, 2025 4:48 PM Categories Federal Employee Pay News Leave a comment

This colorful chart can help federal employees understand the performance of the TSP funds over time.

Bill Proposes 4.3% 2026 Federal Pay Raise

FedSmith.com author Ian SmithBy Ian SmithJan 16, 2025 3:31 PM | Updated: Jan 18, 2025 10:22 AM Categories Federal Employee Pay News Leave a comment
Close up of the face of Benjamin Franklin on the $100 bill

Legislation has been introduced to give federal employees a 4.3% pay raise in 2026.

Number of TSP Millionaires Hits Another Record High in 2024

FedSmith.com author Ian SmithBy Ian SmithJan 15, 2025 11:41 AM | Updated: Jan 17, 2025 8:23 AM Categories Federal Employee Pay News Leave a comment
Close up of a businessman's hand extended with his palm facing up and a dollar sign pictured over it; the word 'millionaire' is written in white text at the top

There is a new record number of TSP millionaires thanks to recent strong stock market performance.

How Much Should You Contribute to the TSP in 2025?

FedSmith.com author Dallen HawsBy Dallen HawsJan 13, 2025 8:21 AM Categories Federal Employee Pay News Leave a comment

The 2025 TSP contribution limits have increased, giving federal employees an even better opportunity to save for retirement.

Will Federal Employees Get an Extra Holiday for Inauguration Day?

FedSmith.com author Ian SmithBy Ian SmithJan 7, 2025 8:05 AM Categories Federal Employee Pay News Leave a comment
illustration with words 'presidential inauguration' shown over an American flag

Inauguration Day in 2025 presents a unique scenario for federal employees in the Washington, DC area.

FSA and HSA Comparison for Federal Employees in 2025

FedSmith.com author Dallen HawsBy Dallen HawsJan 6, 2025 9:35 AM Categories Federal Employee Pay News Leave a comment

What are the pros and cons for FSAs and HSAs, and how can federal employees use them to save money?

TSP Releases January 2025 Processing Schedule

FedSmith.com author Ian SmithBy Ian SmithJan 3, 2025 1:15 PM Categories Federal Employee Pay News Leave a comment

The TSP has released some important notices for tax planning purposes.

2024 TSP Performance: 25% Annual Return for One TSP Fund

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJan 1, 2025 8:01 AM | Updated: Jan 2, 2025 5:17 PM Categories Federal Employee Pay News Leave a comment
Golden colored bull next to a rising arrow and bar graph overlaid on top of a gold colored background with financial charts

TSP performance surged over the past two years, with one fund up over 50% in that time. TSP investors poured hundreds of billions into stock funds as the market rose.

2025 GS Pay Scale

FedSmith.com author Ian SmithBy Ian SmithDec 23, 2024 3:20 PM | Updated: Jan 8, 2025 8:05 AM Categories Federal Employee Pay News Leave a comment

The 2025 GS pay scale is based on a 2% overall average pay raise for federal employees.

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Daily TSP Performance

May 16, 2025

Fund Last % YTD
G Fund $19.0667 +0.01% +1.67%
F Fund $19.8702 +0.05% +2.01%
C Fund $94.6008 +0.71% +1.80%
S Fund $88.9812 +1.01% -1.30%
I Fund $47.2925 +0.28% +12.88%
L Income $27.4974 +0.17% +2.83%
L 2025 $14.1527 +0.18% +2.84%
L 2030 $52.4907 +0.37% +4.05%
L 2035 $15.8511 +0.40% +4.25%
L 2040 $60.3474 +0.44% +4.44%
L 2045 $16.5970 +0.47% +4.59%
L 2050 $36.5506 +0.49% +4.74%
L 2055 $18.4951 +0.59% +5.19%
L 2060 $18.4928 +0.59% +5.19%
L 2065 $18.4903 +0.59% +5.19%
L 2070 $10.9587 +0.59% +5.20%
Get detailed TSP data at TSPDataCenter.com

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