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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.

Federal Employee Pay Raise for 2021

FedSmith.com author Ralph R. SmithBy Ralph R. SmithSep 25, 2020 8:51 AM | Updated: Oct 1, 2020 2:55 PM Categories Pay & Benefits Leave a comment

What is going on with the 2021 pay raise for federal employees?

TSP Provides Details on Change to Automatic 5% Enrollment

FedSmith.com author Ian SmithBy Ian SmithSep 24, 2020 1:49 PM Categories Pay & Benefits Leave a comment

The TSP has shared some additional information about the upcoming change to the automatic enrollment percentage.

Postal Service Not Implementing Payroll Tax Deferral

FedSmith.com author Ian SmithBy Ian SmithSep 22, 2020 4:57 PM Categories Pay & Benefits Leave a comment

The Postal Service announced that it has elected not to implement the payroll tax deferral for its employees.

Is an HSA Right For You?

FedSmith.com author Dallen HawsBy Dallen HawsSep 22, 2020 10:04 AM Categories Pay & Benefits Leave a comment

These are the basics of how Health Savings Accounts work and the potential tax benefits they offer.

Automatic Enrollment Percentage in the TSP Increasing to 5%

FedSmith.com author Ian SmithBy Ian SmithSep 16, 2020 2:10 PM Categories Pay & Benefits Leave a comment

A rule change coming this fall will increase the automatic enrollment percentage in the TSP from 3% to 5%.

The Battle Over Federal Employees’ Payroll Taxes

FedSmith.com author Ian SmithBy Ian SmithSep 10, 2020 9:53 AM | Updated: Sep 1, 2021 12:12 PM Categories Pay & Benefits Leave a comment

Federal employees will not be able to opt out of the temporary payroll tax deferral, but some lawmakers are pushing to change that.

Agencies With Most $100,000+ Federal Employees and Lowest Average Salaries

FedSmith.com author Ralph R. SmithBy Ralph R. SmithSep 9, 2020 7:48 AM | Updated: Apr 22, 2022 10:20 AM Categories Pay & Benefits Leave a comment

Which agencies have the most employees making $100,000+ and which ones have the lowest average salary?

5 Big Life Events That Should Trigger a Life Insurance Review

By Shelly GiulianoSep 3, 2020 8:07 AM Categories Pay & Benefits Leave a comment

If you experience any of these big life events, you should be sure to reexamine your life insurance needs to ensure you have proper coverage.

OPM: Coronavirus Won’t Delay Open Season

FedSmith.com author Ian SmithBy Ian SmithSep 1, 2020 3:44 PM Categories Pay & Benefits Leave a comment

OPM said that this year’s Open Season will take place as scheduled despite the coronavirus.

32% Return in One TSP Fund in 5 Months

FedSmith.com author Ralph R. SmithBy Ralph R. SmithSep 1, 2020 10:35 AM Categories Pay & Benefits Leave a comment

During a year of extremes, TSP investors have seen a return of more than 32% in the past five months in this leading TSP fund.

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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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