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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.

Biden Proposes 2.7% Pay Raise in 2022

FedSmith.com author Ian SmithBy Ian SmithMay 28, 2021 1:54 PM Categories Pay & Benefits Leave a comment
Image of a piggy bank on a stack of cash

President Biden has proposed a 2.7% pay raise for federal employees in 2022.

Taking a Residential Loan From Your TSP

By Brandon ChristyMay 27, 2021 8:07 AM Categories Pay & Benefits Leave a comment

What is a residential TSP loan and how does it work?

TSP: Shooting for 70% Replacement Income & Understanding L Fund Investments

FedSmith.com author Ralph R. SmithBy Ralph R. SmithMay 26, 2021 2:39 PM Categories Pay & Benefits Leave a comment

The latest meeting of TSP executives outlined legislative and administration actions, their potential impact on the TSP, and highlights of L Fund investments.

Targeting the TSP: Fossil Fuels, Politics, and Executive Orders

FedSmith.com author Ralph R. SmithBy Ralph R. SmithMay 23, 2021 3:16 PM | Updated: May 15, 2023 12:01 PM Categories Pay & Benefits Leave a comment

Fossil fuels in TSP investments is a hot political issue. President Biden has issued an Executive Order with ramifications for the TSP.

Special Enrollment Period Announced for FSAFEDS

FedSmith.com author Ian SmithBy Ian SmithMay 20, 2021 4:07 PM Categories Pay & Benefits Leave a comment

OPM has announced a one time special enrollment opportunity for federal employees to increase or decrease elections under FSAFEDS.

Legislation Seeks to Ban TSP Investments in China

FedSmith.com author Ian SmithBy Ian SmithMay 20, 2021 12:04 PM Categories Pay & Benefits Leave a comment
$100 bill rolled up to show the face of Benjamin Franklin and sitting up right vertically pictured right beside a Chinese Yuan rolled up; both bills are sitting on top of USA and China flags

Bills have been introduced again to stop the TSP from investing federal employees’ retirement funds in Chinese companies.

2022 Federal Pay Raise: Waiting for the Next Shoe to Drop

FedSmith.com author Ian SmithBy Ian SmithMay 19, 2021 7:59 PM | Updated: May 28, 2021 2:15 PM Categories Pay & Benefits Leave a comment

When are federal employees likely to learn more about the possibility of a 2022 pay raise? Soon, very soon.

Beware Federal Employees: Mandatory Medicare First Step to Eliminating FEHB Coverage for Retirees?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithMay 19, 2021 1:12 PM Categories Retirement, Pay & Benefits Leave a comment
Sheet of paper on a clipboard labeled 'medicare enrollment form' with a stethoscope and pen

Postal reform legislation may impact the rest of the federal workforce by changing Medicare eligibility and increasing FEHB costs.

Legislation Reintroduced to Increase Locality Pay for Some Employees

FedSmith.com author Ian SmithBy Ian SmithMay 14, 2021 4:04 PM Categories Pay & Benefits Leave a comment
Scale tipped towards one side due to having three bags of money on it versus only one bag on the higher side

Another legislative effort is being made to increase locality pay for some federal employees.

Maloney Proposes Paid Parental Leave for USPS Employees

FedSmith.com author Ian SmithBy Ian SmithMay 13, 2021 11:35 AM | Updated: Mar 24, 2023 9:26 AM Categories Pay & Benefits Leave a comment

Recently introduced legislation would expand paid parental leave to USPS employees.

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Daily TSP Performance

March 31, 2026

Fund Last % YTD
G Fund $19.7918 +0.01% +1.04%
F Fund $20.8902 +0.21% +0.04%
C Fund $104.7643 +2.92% -4.34%
S Fund $99.1781 +3.44% -1.22%
I Fund $56.5148 +2.28% +1.84%
L Income $29.3186 +0.78% +0.26%
L 2030 $57.7723 +1.59% -0.56%
L 2035 $17.5340 +1.83% -0.82%
L 2040 $67.1123 +2.00% -0.99%
L 2045 $18.5420 +2.13% -1.14%
L 2050 $41.0174 +2.27% -1.29%
L 2055 $21.0590 +2.74% -1.73%
L 2060 $21.0565 +2.74% -1.73%
L 2065 $21.0539 +2.74% -1.73%
L 2070 $12.4783 +2.74% -1.73%
L 2075 $10.8998 +2.74% -1.73%
Get detailed TSP data at TSPDataCenter.com

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