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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.

Tax Loss Harvesting: A Lesson to be Learned from Trump’s Taxes

FedSmith.com author Thiago GliegerBy Thiago GliegerOct 14, 2020 9:47 AM Categories Pay & Benefits Leave a comment

Tax loss harvesting is an important technique that should not be overlooked in your financial plan to maximize your long-term retirement savings.

Legislation Would Make Payroll Tax Deferral Optional for Federal Employees

FedSmith.com author Ian SmithBy Ian SmithOct 9, 2020 7:03 PM | Updated: Oct 21, 2020 2:49 PM Categories Pay & Benefits Leave a comment

Legislation has been introduced to make the payroll tax deferral optional for federal employees.

Should I Use My Annual Leave or Sick Leave Right Before Retirement?

FedSmith.com author Dallen HawsBy Dallen HawsOct 8, 2020 7:48 AM Categories Pay & Benefits, Retirement Leave a comment

These are some considerations for federal employees debating using sick or annual leave just prior to retirement.

Lawmakers Haven’t Given Up Making Payroll Tax Deferral Optional for Federal Employees

FedSmith.com author Ian SmithBy Ian SmithOct 7, 2020 1:41 PM Categories Pay & Benefits Leave a comment

Some lawmakers are still pushing the Trump administration to make the payroll tax deferral optional for federal employees.

Number of TSP Millionaires Up Dramatically

FedSmith.com author Ralph R. SmithBy Ralph R. SmithOct 5, 2020 6:37 PM | Updated: Apr 13, 2022 1:20 PM Categories Pay & Benefits Leave a comment

The number of TSP millionaires has come back strong after the dramatic drop in March. There are now more TSP millionaires than ever!

Legislation Would Allow All Federal Employees to Carry Over Unused Leave

FedSmith.com author Ian SmithBy Ian SmithOct 2, 2020 1:04 PM Categories Pay & Benefits Leave a comment

A new bill would let federal employees roll over greater amounts of unused annual leave during the COVID-19 pandemic.

C Fund is Up…and Down

FedSmith.com author Ralph R. SmithBy Ralph R. SmithOct 1, 2020 11:20 AM Categories Pay & Benefits Leave a comment

September was not such a great month for stocks despite an overall excellent third quarter. How did the TSP funds fare?

How Does Paid Parental Leave for Federal Employees Work?

FedSmith.com author Ian SmithBy Ian SmithOct 1, 2020 7:56 AM | Updated: Apr 5, 2022 1:31 PM Categories Pay & Benefits Leave a comment

Federal employees have a new paid leave benefit: paid parental leave. Here is a summary of the key features and eligibility requirements.

Volatility, Elections and the TSP

FedSmith.com author Ralph R. SmithBy Ralph R. SmithSep 29, 2020 7:15 AM | Updated: Oct 1, 2020 2:54 PM Categories Pay & Benefits Leave a comment

Elections in November and underlying social unrest that is already upon us may lead to significant volatility in the TSP’s stock funds. How will you react?

Presidential Candidate Joe Biden Outlines Positions on Federal Employees’ Pay and Benefits

By Michael WaldSep 26, 2020 9:59 AM | Updated: Oct 1, 2020 2:55 PM Categories Pay & Benefits Leave a comment

NARFE has provided responses from Democratic presidential candidate Joe Biden to questions about federal employees’ pay and benefits.

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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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