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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.

The Truth About TSP Fund Fees

FedSmith.com author Dallen HawsBy Dallen HawsMar 10, 2023 9:54 AM Categories Pay & Benefits Leave a comment

This is an overview of the fees on the TSP Funds.

Biden Proposes 5.2% 2024 Federal Pay Raise

FedSmith.com author Ian SmithBy Ian SmithMar 9, 2023 12:56 PM Categories Pay & Benefits Leave a comment

The White House has announced its desired amount for the 2024 federal pay raise in the president’s budget for FY 2024.

White House Proposes 2024 Federal Pay Raise This Week

FedSmith.com author Ian SmithBy Ian SmithMar 8, 2023 1:54 PM | Updated: Dec 26, 2023 6:42 PM Categories Pay & Benefits Leave a comment

The White House proposed its desired amount for the 2024 federal pay raise this week.

Waiting for Resolution of TSP Website Problems? GAO Issues Interim Statement

FedSmith.com author Ralph R. SmithBy Ralph R. SmithMar 8, 2023 10:19 AM Categories Pay & Benefits Leave a comment

In August 2022, GAO accepted a request to investigate TSP website problems. An interim GAO statement cites problems and an estimated date for a final report.

8 Things the TSP Still Did Not Fix

FedSmith.com author Mel StubbsBy Mel StubbsMar 8, 2023 8:49 AM | Updated: Jun 2, 2023 10:00 AM Categories Pay & Benefits Leave a comment

The author lists some remaining problems he sees with the TSP after the program’s recent changes.

ESG Funds, Politics, and Investing TSP’s $759 Billion in Assets

FedSmith.com author Ralph R. SmithBy Ralph R. SmithMar 7, 2023 7:27 AM | Updated: Jan 13, 2025 6:38 PM Categories Pay & Benefits Leave a comment

An ESG bill introduced by a California Congressman would place the TSP (and its $760 billion of assets) in a political controversy on investing in ESG funds.

Federal Pay Increases by Race: White Employees Lowest and Shrinking Percentage of Federal Workforce

FedSmith.com author Ralph R. SmithBy Ralph R. SmithMar 3, 2023 10:15 AM | Updated: Jan 29, 2024 2:25 PM Categories Pay & Benefits Leave a comment

An analysis of recent data suggests the Biden administration’s focus on racial equity may be working to reduce federal pay raises for White employees.

TSP Performance Disappoints in February: Year-to-Date Returns Still Positive

FedSmith.com author Ralph R. SmithBy Ralph R. SmithMar 1, 2023 9:50 AM | Updated: Aug 1, 2023 7:24 PM Categories Pay & Benefits Leave a comment

TSP performance is down in February 2023 but still up for the year-to-date. One TSP management advisor sees a “growth recession” ahead.

What’s the Status of the New TSP Website Performance?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithFeb 28, 2023 2:44 PM | Updated: Mar 23, 2023 1:13 PM Categories Pay & Benefits Leave a comment

Readers have reported unhappy experiences with the new TSP website. Here is a summary of improvements that are on-going and planned for the near future.

Federal Employees Under Blue Cross Blue Shield Need to Know This

FedSmith.com author Dallen HawsBy Dallen HawsFeb 24, 2023 11:25 AM | Updated: Oct 26, 2023 3:58 PM Categories Pay & Benefits Leave a comment

Federal employees under both Medicare and FEHB could see much higher insurance costs if they pick the wrong plan.

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Daily TSP Performance

May 1, 2026

Fund Last % YTD
G Fund $19.8657 +0.01% +1.42%
F Fund $20.9401 +0.12% +0.28%
C Fund $116.0963 +0.29% +6.01%
S Fund $109.4965 +0.40% +9.05%
I Fund $61.5532 -0.18% +10.92%
L Income $30.1996 +0.05% +3.27%
L 2030 $61.0590 +0.09% +5.10%
L 2035 $18.7105 +0.11% +5.83%
L 2040 $71.9984 +0.11% +6.21%
L 2045 $19.9834 +0.12% +6.54%
L 2050 $44.4091 +0.13% +6.88%
L 2055 $23.1647 +0.14% +8.10%
L 2060 $23.1620 +0.14% +8.10%
L 2065 $23.1591 +0.14% +8.10%
L 2070 $13.7260 +0.14% +8.10%
L 2075 $11.9897 +0.14% +8.10%
Get detailed TSP data at TSPDataCenter.com

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