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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.

How Not to Lose Your FEHB in Retirement

FedSmith.com author Dallen HawsBy Dallen HawsOct 27, 2022 10:26 AM Categories Retirement, Pay & Benefits Leave a comment

Federal employees can lose FEHB coverage in retirement unless they meet certain criteria.

Is the TSP Really Cheap?

FedSmith.com author Brad BobbBy Brad BobbOct 26, 2022 2:51 PM Categories Pay & Benefits Leave a comment

How do the TSP fund expenses compare to comparable funds outside of the TSP?

What is Driving the 2023 FEHB Premium Increases?

FedSmith.com author Ian SmithBy Ian SmithOct 26, 2022 9:08 AM | Updated: Jul 16, 2023 5:11 PM Categories Pay & Benefits Leave a comment

OPM has provided more details about the 2023 FEHB premium increases and what is driving them.

The Stock Market is Down in 2022; How Are TSP Participants Responding?

FedSmith.com author Ian SmithBy Ian SmithOct 25, 2022 1:42 PM | Updated: Oct 28, 2022 4:32 PM Categories Pay & Benefits Leave a comment

Although TSP fund performance is down sharply in 2022, the majority of TSP participants appear to be staying the course with their investing.

Enhanced Gender Affirming Care Will Be Available in 2023 FEHB Plans

FedSmith.com author Ian SmithBy Ian SmithOct 20, 2022 2:07 PM Categories Pay & Benefits Leave a comment

OPM said that 2023 FEHB plans will provide a number of “enhanced benefit offerings” in areas such as gender dysphoria and Assisted Reproductive Technology.

4.1% Differential Between 2023 Pay Raise, COLA

FedSmith.com author Ralph R. SmithBy Ralph R. SmithOct 19, 2022 8:11 AM Categories Pay & Benefits, Retirement Leave a comment

Inflation has been rising fast, and the 2023 COLA was just announced. Even with a projected 2023 pay raise of 4.6%, purchasing power is declining fast.

Big Changes Coming to Some 2023 FEHB Plans

FedSmith.com author Ian SmithBy Ian SmithOct 18, 2022 12:04 PM Categories Pay & Benefits Leave a comment

Some federal employees will need to make changes to their FEHB plans for 2023 as a result of some upcoming changes to various plans.

2023 FEHB Premium Increases for Federal Employees Under Blue Cross Blue Shield

FedSmith.com author Ian SmithBy Ian SmithOct 17, 2022 6:44 AM | Updated: Oct 26, 2023 3:58 PM Categories Pay & Benefits Leave a comment

2023 FEHB premiums are increasing considerably. How much more will federal employees under the nationwide Blue Cross Blue Shield programs have to pay?

Guide to 2022 Federal Benefits Open Season

FedSmith.com author Thiago GliegerBy Thiago GliegerOct 12, 2022 7:19 AM | Updated: Oct 16, 2023 1:47 PM Categories Pay & Benefits Leave a comment

This is an overview of the benefits available to federal employees and retirees during Open Season.

TSP Losses Accelerate: One TSP Fund Down About 30% This Year

FedSmith.com author Ralph R. SmithBy Ralph R. SmithOct 1, 2022 12:03 PM | Updated: Nov 9, 2022 9:37 AM Categories Pay & Benefits Leave a comment

Losses in TSP Funds deepened in September and stocks had the worst nine months of a calendar year since 2002.

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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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