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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.

Pay Cap, Pay Compression, and Potential for Change

FedSmith.com author Ralph R. SmithBy Ralph R. SmithAug 9, 2023 11:12 AM Categories Pay & Benefits Leave a comment
$100 bill in a block of ice

The pay cap impacts a growing number of federal employees every year. A new bill would eliminate it.

Should I Stay or Should I Go? 14 Points to Consider Before Moving Money from TSP

FedSmith.com author Wes BattleBy Wes BattleAug 9, 2023 7:33 AM | Updated: Oct 29, 2024 1:26 PM Categories Pay & Benefits Leave a comment

These are pros and cons of moving money from the TSP after leaving federal service.

More Retirement Income Through Catch-up Contributions for Highly Compensated Feds

FedSmith.com author Ralph R. SmithBy Ralph R. SmithAug 3, 2023 7:52 AM | Updated: Aug 28, 2023 9:39 AM Categories Retirement, Pay & Benefits Leave a comment
Illustration of bags and piles of money growing in size from left to right with a rising trend line arrow above them depicting growing savings/wealth for retirement

Federal employees making at least $145,000 may be able to accumulate more for their future retirement starting in 2024 via catch-up contributions to the TSP.

July TSP Performance: Longest Winning Streak for C Fund Since 2021

FedSmith.com author Ralph R. SmithBy Ralph R. SmithAug 1, 2023 8:54 AM Categories Pay & Benefits Leave a comment

The stock market has had its longest winning streak since 2021. This led to strong TSP performance in July.

Bipartisan Amendment Against TSP Investing in China Fails in Senate

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJul 31, 2023 6:17 AM | Updated: Jun 9, 2025 7:44 PM Categories Pay & Benefits Leave a comment

Senator Marco Rubio’s latest efforts to block TSP investments of federal employees in Chinese companies have failed.

OPM Expands Dental/Vision Benefits to More Federal Employees

FedSmith.com author Ian SmithBy Ian SmithJul 25, 2023 3:40 PM Categories Pay & Benefits Leave a comment

Over 70,000 federal employees and 118,000 Postal employees will be eligible for FEDVIP coverage under a new rule issued by OPM.

Stellar TSP Performance So Far in 2023

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJul 25, 2023 12:06 PM Categories Pay & Benefits Leave a comment

TSP fund performance is soaring in 2023. Will it continue?

Survivor and Death Benefits for Federal Employees

FedSmith.com author Jennifer MeyerBy Jennifer MeyerJul 24, 2023 7:17 AM Categories Pay & Benefits
$100 and $20 bill on a table with a cutout of a family overlaid on top of the money depicting family/survivor/spousal benefits and insurance coverage

What happens when a federal employee passes away while still working? This is a guide for survivor benefits to claim.

Pay Parity and the 2024 Federal Pay Raise

FedSmith.com author Ian SmithBy Ian SmithJul 18, 2023 1:38 PM Categories Pay & Benefits Leave a comment
Wooden seesaw type scale perfectly level with wooden block letters on the left side in a vertical stack spelling 'fair' and a roll of cash on the other side

Pay parity may be a good argument for the 2024 federal pay raise this year.

Inflation, Pay Raises, COLAs, and FEHB Increases

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJul 18, 2023 8:15 AM Categories Pay & Benefits, Retirement Leave a comment
Pink piggy bank pictured next to a stethoscope on a solid aqua colored background

Are FEHB premiums going up faster than inflation? Do annual raises and COLA increases keep up with FEHB premium increases?

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Daily TSP Performance

April 1, 2026

Fund Last % YTD
G Fund $19.7939 +0.01% +1.05%
F Fund $20.8929 +0.01% +0.05%
C Fund $105.5194 +0.72% -3.65%
S Fund $99.8332 +0.66% -0.57%
I Fund $57.7086 +2.11% +3.99%
L Income $29.4203 +0.35% +0.61%
L 2030 $58.1639 +0.68% +0.11%
L 2035 $17.6744 +0.80% -0.03%
L 2040 $67.6954 +0.87% -0.13%
L 2045 $18.7140 +0.93% -0.22%
L 2050 $41.4218 +0.99% -0.31%
L 2055 $21.3088 +1.19% -0.56%
L 2060 $21.3063 +1.19% -0.56%
L 2065 $21.3037 +1.19% -0.56%
L 2070 $12.6263 +1.19% -0.56%
L 2075 $11.0291 +1.19% -0.56%
Get detailed TSP data at TSPDataCenter.com

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