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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.

Changes in Pay Rates for Federal Employees

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJan 4, 2021 11:55 AM Categories Pay & Benefits Leave a comment

President Trump’s Executive Order on 2021 pay impacts a number of federal employee pay schedules.

Why Financial Advisors Shouldn’t Tell You How to Invest in the TSP

FedSmith.com author Dallen HawsBy Dallen HawsJan 4, 2021 8:33 AM Categories Pay & Benefits Leave a comment

Is there a way that all federal employees should invest in the TSP? The author illustrates why the answer to this is not so simple.

Did Your TSP Fund Go Up 31.85% in 2020?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJan 1, 2021 10:03 AM Categories Pay & Benefits Leave a comment

Despite a pandemic, closing schools and businesses and economic decline, the stock market soared.

Mileage Rates Cut Again in 2021

FedSmith.com author Ian SmithBy Ian SmithJan 1, 2021 7:25 AM Categories Pay & Benefits Leave a comment

Federal employees who travel for work will see a lower mileage reimbursement rate in 2021.

Federal Employees’ 2021 Pay Raise Finalized

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDec 31, 2020 9:17 PM | Updated: Jan 25, 2021 8:49 AM Categories Pay & Benefits Leave a comment

After an unusual series of events, federal employees now have a final answer on what their 2021 pay raise will be.

2021 Federal Holidays

FedSmith.com author Ian SmithBy Ian SmithDec 29, 2020 9:28 AM Categories Pay & Benefits Leave a comment

What paid holidays can federal employees expect in 2021?

Are There Times You Shouldn’t Use the Roth TSP?

FedSmith.com author Dallen HawsBy Dallen HawsDec 26, 2020 8:37 AM Categories Pay & Benefits Leave a comment

What are the scenarios under which federal employees should and should not use the Roth TSP? Here are some considerations.

OPM Issues Pay and Leave Guidance for Christmas Eve Holiday

FedSmith.com author Ian SmithBy Ian SmithDec 23, 2020 4:41 PM Categories Pay & Benefits Leave a comment

OPM has issued pay and leave guidance for the 2020 Christmas Eve holiday.

A Federal Pay Raise, A Shutdown and A Veto?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDec 23, 2020 12:03 PM Categories Pay & Benefits Leave a comment

President Trump may sign the latest spending bill or he could veto the bill. What does this do to a federal employee pay raise?

New Locality Pay Areas in 2021?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDec 22, 2020 5:11 PM Categories Pay & Benefits Leave a comment

The President’s Pay Agent has issued its report on locality pay areas for 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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