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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.

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.

Strong November Boosts TSP Performance: Year-to-Date Leaders and Losers

FedSmith.com author Ralph R. SmithBy Ralph R. SmithNov 30, 2025 9:32 AM Categories Pay & Benefits Leave a comment
Golden bull overlaid on a financial graph

A late November market rally boosted TSP performance and YTD returns for several funds. Here is a summary of where TSP investors have fared best so far in 2025.

What Federal Employees Need to Know About Upcoming Roth In-Plan Conversions in the TSP

FedSmith.com author Ian SmithBy Ian SmithNov 24, 2025 8:05 AM | Updated: Nov 25, 2025 8:58 AM Categories Pay & Benefits Leave a comment
Golden egg on top of a spread of cash with a $1 bill covering the top of it

Roth in-plan conversions are coming to the TSP in early 2026. These are important details federal employees need to know about how they will work.

Roth Conversions For TSP Investors Coming January 28, 2026

FedSmith.com author Ralph R. SmithBy Ralph R. SmithNov 20, 2025 1:22 PM Categories Pay & Benefits Leave a comment
Piggy bank wearing glasses sitting on top of a stack of books next to a chalkboard that says 'retirement'

A launch date for in-plan Roth conversions for the TSP has been announced.

Federal Pay Skyrockets: New Report Shows 24% Payroll Surge Since 2020

FedSmith.com author Ralph R. SmithBy Ralph R. SmithNov 19, 2025 8:23 AM | Updated: Nov 20, 2025 3:04 PM Categories Pay & Benefits Leave a comment
Vertical stacks of coins increasing in height from left to right with the word 'salary' in front of them

Federal pay surged during the Biden years as locality pay areas grew, driving six‑figure salaries higher despite modest workforce growth and rising telework.

Some TSA Agents Will Receive Bonuses After the Shutdown

FedSmith.com author Ian SmithBy Ian SmithNov 14, 2025 7:48 AM Categories Pay & Benefits Leave a comment
Close up of the '100' in the bottom left corner on a stack of $100 bills

DHS announced it will be paying bonuses to some TSA agents for outstanding service during the government shutdown.

The Longest Government Shutdown in History is Over

FedSmith.com author Ian SmithBy Ian SmithNov 12, 2025 8:24 PM | Updated: Nov 14, 2025 11:33 AM Categories Pay & Benefits Leave a comment
Yellow sign reading 'government shutdown' overlaid on an American flag with a silhouette of a ticking clock

The record-breaking government shutdown is finally over. Here is what federal employees can expect going forward.

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Daily TSP Performance

March 5, 2026

Fund Last % YTD
G Fund $19.7352 +0.01% +0.75%
F Fund $21.0841 -0.24% +0.97%
C Fund $109.5032 -0.56% -0.01%
S Fund $102.4059 -1.32% +1.99%
I Fund $58.6577 -0.90% +5.70%
L Income $29.5942 -0.22% +1.20%
L 2030 $59.0578 -0.46% +1.65%
L 2035 $17.9953 -0.53% +1.79%
L 2040 $69.0563 -0.57% +1.87%
L 2045 $19.1216 -0.61% +1.95%
L 2050 $42.3915 -0.65% +2.02%
L 2055 $21.9132 -0.77% +2.26%
L 2060 $21.9107 -0.77% +2.26%
L 2065 $21.9082 -0.77% +2.26%
L 2070 $12.9847 -0.77% +2.26%
L 2075 $11.3422 -0.77% +2.26%
Get detailed TSP data at TSPDataCenter.com

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