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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.

$795 Billion in TSP: Politicians Scrambling for the Cash

FedSmith.com author Ralph R. SmithBy Ralph R. SmithOct 26, 2021 7:00 AM Categories Pay & Benefits Leave a comment

The TSP has about $795 billion in assets. Politicians are using a variety of ways to be able to change the TSP to use the money in pursuit of political objectives.

Which 2022 FEHB Plans Cost More for Self Plus One Than Family?

FedSmith.com author Ian SmithBy Ian SmithOct 25, 2021 4:29 PM | Updated: May 5, 2023 12:05 PM Categories Pay & Benefits Leave a comment

Some 2022 FEHB plans will cost more for the Self Plus One option than for the Self and Family option.

Lawmakers Want More Diverse Asset Managers in Upcoming TSP Mutual Fund Window

FedSmith.com author Ian SmithBy Ian SmithOct 25, 2021 7:40 AM | Updated: Mar 6, 2023 11:54 AM Categories Pay & Benefits Leave a comment

A group of Senators want more “racially, ethnically, and gender diverse asset managers” managing funds in the Thrift Savings Plan.

L Income Fund Pros and Cons: What You Need to Know

FedSmith.com author Charles DzamaBy Charles DzamaOct 21, 2021 9:10 AM Categories Pay & Benefits Leave a comment

Why should federal employees consider investing in the TSP’s L Income Fund, and what are the pros and cons of this fund?

OPM Seeks to Expand Dental and Vision Benefits to More Federal Employees

FedSmith.com author Ian SmithBy Ian SmithOct 19, 2021 5:32 AM Categories Pay & Benefits Leave a comment

A proposed rule would expand eligibility for dental and vision benefits to approximately 86,000 additional federal employees.

Agencies With the Most Federal Employee Salaries Above $100,000 and $200,000

FedSmith.com author Ralph R. SmithBy Ralph R. SmithOct 14, 2021 8:12 AM Categories Pay & Benefits Leave a comment

Which agencies have the most federal employee salaries of $100,000+ and $200,000+ per year? Which are the highest-paid occupations?

Significant Changes Coming for Some FEHB Plans in 2022

FedSmith.com author Ian SmithBy Ian SmithOct 12, 2021 8:33 AM Categories Pay & Benefits Leave a comment

OPM has announced significant changes to some FEHB plans in 2022 to help federal employees plan for the upcoming Open Season.

End-of-Year Financial Planning Strategies

FedSmith.com author Thiago GliegerBy Thiago GliegerOct 6, 2021 12:51 PM | Updated: Dec 19, 2022 11:15 AM Categories Pay & Benefits Leave a comment

The last quarter of the year is a good time to review your finances. These are some financial planning strategies to reduce taxes and prepare for the coming year.

How to Become One of Those TSP Millionaires

FedSmith.com author Ralph R. SmithBy Ralph R. SmithOct 5, 2021 7:00 AM Categories Pay & Benefits Leave a comment

1.5% of TSP investors are TSP millionaires. Are you one? How can you join this elite group of investors?

September Sees Worst TSP Performance Since March 2020

FedSmith.com author Ralph R. SmithBy Ralph R. SmithOct 1, 2021 9:57 AM | Updated: Apr 2, 2022 4:05 PM Categories Pay & Benefits Leave a comment

The TSP fund performance in September was the worst it has been since March 2020, but overall TSP returns are still up in 2021.

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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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