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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.

2022 TSP Performance Lagging Overall, But Returns Improve in November

FedSmith.com author Ralph R. SmithBy Ralph R. SmithNov 18, 2022 12:10 PM Categories Pay & Benefits Leave a comment

2022 TSP performance has suffered overall, but TSP fund returns have been positive so far in November.

Are You Ready? FEHB Open Season Begins Today

FedSmith.com author Ian SmithBy Ian SmithNov 14, 2022 7:05 AM | Updated: Nov 17, 2023 9:00 AM Categories Pay & Benefits Leave a comment

FEHB Open Season for the 2023 plan year is underway. Here are some important resources to help federal employees and retirees.

Is the TSP Really Cheap? FRTIB Weighs In on Debate About TSP Fees

By Kim WeaverNov 8, 2022 2:36 PM Categories Pay & Benefits Leave a comment

The FRTIB weighs in on the debate of TSP fees compared to fees of similar funds at other investment firms.

How Active Federal Employees Can Save Money on 2023 FEHB Premiums

FedSmith.com author Kevin MossBy Kevin MossNov 7, 2022 2:30 PM | Updated: May 15, 2023 12:50 PM Categories Pay & Benefits Leave a comment

These are some ways federal employees can save on their 2023 FEHB premiums.

65,494 TSP Millionaires in September—42% Drop Since 2021

FedSmith.com author Ralph R. SmithBy Ralph R. SmithNov 7, 2022 7:19 AM Categories Pay & Benefits Leave a comment

The lackluster stock market in 2022 has taken a toll on the number of TSP millionaires.

2023 Federal Holidays

FedSmith.com author Ian SmithBy Ian SmithNov 2, 2022 6:15 AM | Updated: Dec 4, 2023 1:16 PM Categories Pay & Benefits Leave a comment

What paid holidays can federal employees expect in 2023?

October TSP Performance Up; Two Core Funds Up 8%+

FedSmith.com author Ralph R. SmithBy Ralph R. SmithNov 1, 2022 8:10 AM Categories Pay & Benefits Leave a comment

The TSP performance in October 2022 was up significantly with returns for some TSP funds above 8%.

2023 FEHB Plans With Higher Self Plus One Premiums Than Family Option

FedSmith.com author Ian SmithBy Ian SmithOct 31, 2022 7:05 AM | Updated: Nov 1, 2022 2:25 PM Categories Pay & Benefits Leave a comment

Some 2023 FEHB plans have higher premiums for the Self Plus One option than the Self and Family option.

Federal Employee Salaries Average $143,643 in Total Compensation

FedSmith.com author Ralph R. SmithBy Ralph R. SmithOct 28, 2022 10:37 AM Categories Pay & Benefits Leave a comment

Federal employee salaries often do not include the value of federal benefits. A recent analysis looks at federal benefits as well as salaries.

FRTIB Provides Update on New TSP Website and Converge System

FedSmith.com author Ian SmithBy Ian SmithOct 27, 2022 1:37 PM | Updated: Jan 11, 2023 2:05 PM Categories Pay & Benefits Leave a comment

Major changes were implemented at the TSP this year, but they came with some problems. Here is where things stand as of October.

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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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