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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.

10 Things You Should Know About Bear Markets

FedSmith.com author Thiago GliegerBy Thiago GliegerJan 12, 2022 8:46 AM | Updated: Jan 24, 2022 1:05 PM Categories Pay & Benefits Leave a comment

Are you prepared for a bear market? Here are 10 important facts to know about these investment cycles.

Why Aren’t Federal Employees Utilizing the Roth TSP?

By Brandon ChristyJan 6, 2022 2:23 PM Categories Pay & Benefits Leave a comment

These are some common reasons why federal employees fail to take advantage of the Roth option in the Thrift Savings Plan.

2022 TSP Checklist for Federal Employees

FedSmith.com author Charles DzamaBy Charles DzamaJan 5, 2022 9:48 AM Categories Pay & Benefits Leave a comment

The start of a new year is often a good time to review your financial plans. Here are some tips for federal employees who invest in the TSP.

The Market is Up: There Are Now Over 100,000 TSP Millionaires

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJan 4, 2022 12:24 PM Categories Pay & Benefits Leave a comment

With a rising stock market, the number of TSP millionaires has grown significantly.

Changes in Various 2022 Federal Pay Rates for Federal Employees

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJan 4, 2022 9:14 AM | Updated: Dec 5, 2022 9:31 AM Categories Pay & Benefits Leave a comment

President Biden’s Executive Order on the 2022 federal pay raise impacts a number of federal employee pay schedules.

2022 GS Pay Scale

FedSmith.com author Ian SmithBy Ian SmithJan 3, 2022 7:49 AM | Updated: Dec 17, 2022 8:10 AM Categories Pay & Benefits Leave a comment

The 2022 GS pay scale is based on the 2022 federal pay raise which authorized an overall average raise of 2.7% for federal employees.

Great TSP Returns for 2021: Best Performance is 28.68% for One Fund

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJan 1, 2022 10:53 AM | Updated: Apr 3, 2022 8:53 AM Categories Pay & Benefits Leave a comment

The TSP’s performance in 2021 was excellent, and federal employees should be pleased when they see the results for December and for all of 2021.

Using the 2022 Locality Pay System to Your Financial Advantage

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDec 28, 2021 8:48 AM | Updated: Dec 5, 2022 9:39 AM Categories Pay & Benefits Leave a comment

2022 GS locality pay areas give some federal employees an option to greatly increase their disposable income.

2022 GS Locality Pay: Winners and Losers

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDec 23, 2021 9:17 AM | Updated: Dec 5, 2022 9:34 AM Categories Pay & Benefits Leave a comment

Which locality pay areas received the highest—and lowest—pay raise in 2022? Here is the list.

President Issues Executive Order Finalizing 2022 Federal Pay Raise

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDec 22, 2021 5:18 PM | Updated: Dec 4, 2022 1:39 PM Categories Pay & Benefits Leave a comment

President Biden has issued an Executive Order implementing an average federal employee pay raise of 2.7% effective January 1, 2022.

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Daily TSP Performance

April 30, 2026

Fund Last % YTD
G Fund $19.8633 +0.01% +1.41%
F Fund $20.9159 +0.11% +0.16%
C Fund $115.7553 +1.03% +5.70%
S Fund $109.0550 +1.86% +8.61%
I Fund $61.6621 +1.77% +11.12%
L Income $30.1832 +0.40% +3.21%
L 2030 $61.0033 +0.78% +5.00%
L 2035 $18.6908 +0.93% +5.72%
L 2040 $71.9167 +1.01% +6.09%
L 2045 $19.9594 +1.08% +6.42%
L 2050 $44.3528 +1.15% +6.74%
L 2055 $23.1318 +1.38% +7.95%
L 2060 $23.1290 +1.38% +7.94%
L 2065 $23.1261 +1.38% +7.94%
L 2070 $13.7064 +1.38% +7.94%
L 2075 $11.9726 +1.38% +7.94%
Get detailed TSP data at TSPDataCenter.com

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