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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.

Merry Christmas! President Trump Gives Most Federal Employees Two Extra Christmas Holidays

FedSmith.com author Ian SmithBy Ian SmithDec 18, 2025 3:44 PM | Updated: Dec 23, 2025 9:23 AM Categories Pay & Benefits Leave a comment
Words 'Merry Christmas' overlaying an illustration of a winter scene of snow and trees, one of which is a Christmas tree in the foreground with lights and gifts around it

President Trump issued an Executive Order giving federal employees two extra paid Christmas holidays.

2026 Federal Pay Raise Finalized

FedSmith.com author Ian SmithBy Ian SmithDec 18, 2025 3:25 PM | Updated: Jan 2, 2026 12:39 PM Categories Pay & Benefits Leave a comment
Yellow road sign that reads 'pay raise ahead' on a white background

President Trump has issued an executive order finalizing the 2026 federal pay raise.

Market Jitters Hit TSP Returns in December—What Matters for the Full Year

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDec 18, 2025 12:55 PM Categories Pay & Benefits, Retirement Leave a comment
Bull and a bear overlaid on top of a financial line graph on a yellow background

November data show TSP participants moving modest amounts from stock funds, signaling caution despite strong TSP returns for stock funds in 2025.

TSP Releases Year-End Processing Schedule

FedSmith.com author Ian SmithBy Ian SmithDec 18, 2025 11:18 AM Categories Pay & Benefits Leave a comment

The TSP has released its 2025 year end processing schedule with key dates for participants to know for income reporting.

The Federal Pay System Is Designed to Lag—and the Data Prove It

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDec 17, 2025 11:33 AM Categories Pay & Benefits Leave a comment
Scale tipped towards one side due to having three bags of money on it versus only one bag on the higher side

A decade of data shows federal pay raises usually trail the Employment Cost Index and inflation, revealing how the pay system is structured to lag the broader labor market.

Major Changes to Charitable Giving Tax Rules Begin in 2026

FedSmith.com author Francis Xavier (FX) BergmeisterBy Francis Xavier (FX) BergmeisterDec 17, 2025 7:45 AM Categories Pay & Benefits Leave a comment
Notepad with columns of numbers written on it representing a budget next to a stack of cash and a calculator

Starting 2026, new charitable tax rules add non-itemizer deductions, AGI floors, and 35% caps, making careful planning essential for maximizing benefits.

Comparing the Federal Pay Raise and COLA: A 20-Year Historical Perspective

FedSmith.com author Ian SmithBy Ian SmithDec 12, 2025 7:35 AM Categories Retirement, Pay & Benefits Leave a comment
Bag of money next to a jar of coins

Federal pay raises and COLAs both adjust income annually—see how they compare historically and impact federal employees and retirees.

Time to Rethink the TSP I Fund: International Stock Index Investment Fund

FedSmith.com author Brennan RhuleBy Brennan RhuleDec 10, 2025 8:15 AM | Updated: Dec 11, 2025 10:25 AM Categories Pay & Benefits Leave a comment
Small globe pictured on top of a spread of international currency

Despite its recent strong performance, many federal employees are still avoiding investing in the I Fund.

2026 Federal Holidays

FedSmith.com author Ian SmithBy Ian SmithDec 9, 2025 12:35 PM | Updated: Jan 2, 2026 8:22 PM Categories Pay & Benefits Leave a comment
Illustration of a USA flag on a white background

These are the paid holidays federal employees can expect in 2026.

New Bill Aims to Expand Medical Access for Injured Federal Employees

FedSmith.com author Ian SmithBy Ian SmithDec 4, 2025 2:15 PM Categories Pay & Benefits Leave a comment

New legislation would expand treatment options for federal employees injured on the job.

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Daily TSP Performance

April 10, 2026

Fund Last % YTD
G Fund $19.8154 +0.01% +1.16%
F Fund $20.9622 -0.12% +0.39%
C Fund $109.4304 -0.10% -0.08%
S Fund $103.1166 -0.39% +2.70%
I Fund $60.3073 +0.45% +8.68%
L Income $29.7669 +0.02% +1.79%
L 2030 $59.4657 +0.03% +2.35%
L 2035 $18.1407 +0.03% +2.61%
L 2040 $69.6327 +0.03% +2.72%
L 2045 $19.2855 +0.03% +2.82%
L 2050 $42.7658 +0.04% +2.92%
L 2055 $22.1381 +0.05% +3.31%
L 2060 $22.1355 +0.05% +3.31%
L 2065 $22.1327 +0.05% +3.31%
L 2070 $13.1177 +0.05% +3.31%
L 2075 $11.4584 +0.05% +3.31%
Get detailed TSP data at TSPDataCenter.com

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