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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.

Reason for Concern? TSP, Politics, Climate Change and Investment Decisions

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJul 8, 2021 8:10 AM | Updated: Jul 18, 2021 9:52 AM Categories Pay & Benefits Leave a comment

The TSP has focused on maximizing investments and safety for federal employees. However, outside influences are working to change this investment strategy.

Marginal vs. Effective Tax Rates — How Are They Different?

FedSmith.com author Neal ThompsonBy Neal ThompsonJul 7, 2021 2:42 PM Categories Pay & Benefits Leave a comment
Two stacks of cash on the ends of an evenly balanced balance beam; the stack on the left is smaller than the one on the right

What are the differences between marginal and effective tax rates, and how do they impact how much you will have to pay in taxes?

As Stock Market Soars, So Do TSP Millionaires

FedSmith.com author Ian SmithBy Ian SmithJul 6, 2021 12:26 PM Categories Pay & Benefits Leave a comment

As the stock market continues to set new record highs, federal employees who have invested consistently in the TSP for the long run are reaping the rewards.

When Did July 4th Become a Paid Holiday for Federal Employees?

FedSmith.com author Ian SmithBy Ian SmithJul 4, 2021 4:25 PM Categories Pay & Benefits Leave a comment

The 4th of July was not always a paid holiday for federal employees. Here is some of the history behind this federal holiday.

The TSP Fund with Best Monthly (3.46%), 12-Month (61.7%), YTD (15.47%) Returns

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJul 1, 2021 8:22 AM Categories Pay & Benefits Leave a comment

One TSP Fund is ahead of all others in June, in 2020, in 2021, and the past 12-months. Only 12.3% of TSP investor assets are in this Fund.

Government Match Has Dramatic Impact on TSP Contribution Rate

FedSmith.com author Ian SmithBy Ian SmithJun 30, 2021 3:17 PM | Updated: Aug 30, 2022 4:20 PM Categories Pay & Benefits Leave a comment

A recent study looks at the impact of the government match and automatic enrollment on TSP plan participation.

Need $75? Another Insurer Offering a Credit to Federal Employees to Get Vaccinated

FedSmith.com author Ian SmithBy Ian SmithJun 30, 2021 9:11 AM | Updated: Sep 12, 2021 11:03 AM Categories Pay & Benefits Leave a comment
Close up of a row of bottles of COVID-19 vaccines

GEHA is offering a credit to eligible federal employees to encourage them to get vaccinated.

How Do Your TSP Returns Compare? S Fund Up 16% in 2021

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJun 29, 2021 12:24 PM Categories Pay & Benefits Leave a comment

Where have the highest TSP returns appeared in 2021? What is the new favorite fund for TSP investors?

Another Step Forward for 2.7% Federal Employee Raise

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJun 23, 2021 7:47 PM Categories Pay & Benefits Leave a comment

How large will the federal employee raise be in 2022? The next step in the very long political process is now underway.

Federal Employee Group Life Insurance Options When You Retire

FedSmith.com author Jesse BlackBy Jesse BlackJun 23, 2021 3:40 PM Categories Pay & Benefits Leave a comment

What life insurance options are available to retired federal employees?

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Daily TSP Performance

April 1, 2026

Fund Last % YTD
G Fund $19.7939 +0.01% +1.05%
F Fund $20.8929 +0.01% +0.05%
C Fund $105.5194 +0.72% -3.65%
S Fund $99.8332 +0.66% -0.57%
I Fund $57.7086 +2.11% +3.99%
L Income $29.4203 +0.35% +0.61%
L 2030 $58.1639 +0.68% +0.11%
L 2035 $17.6744 +0.80% -0.03%
L 2040 $67.6954 +0.87% -0.13%
L 2045 $18.7140 +0.93% -0.22%
L 2050 $41.4218 +0.99% -0.31%
L 2055 $21.3088 +1.19% -0.56%
L 2060 $21.3063 +1.19% -0.56%
L 2065 $21.3037 +1.19% -0.56%
L 2070 $12.6263 +1.19% -0.56%
L 2075 $11.0291 +1.19% -0.56%
Get detailed TSP data at TSPDataCenter.com

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