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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.

Will the Payroll Tax Deferral Apply to Federal Employees?

FedSmith.com author Ian SmithBy Ian SmithAug 31, 2020 6:58 PM | Updated: Jan 10, 2022 12:35 PM Categories Pay & Benefits Leave a comment

It appears some federal employees will have withholding of their payroll taxes deferred under a new executive order. Here’s what we know.

TSP Participants Move Out of Stock Funds Right Before Record Highs

FedSmith.com author Ralph R. SmithBy Ralph R. SmithAug 28, 2020 8:39 AM Categories Pay & Benefits Leave a comment

COVID-19 has had an impact on TSP actions and decisions by TSP investors.

Largest Number of Feds Making $200,000+ Per Year

FedSmith.com author Ralph R. SmithBy Ralph R. SmithAug 18, 2020 12:44 PM Categories Pay & Benefits Leave a comment

Which agencies have the most employees making more than $200,000? Which agencies have the highest average employee salary?

Will These Federal Employees Get a Pension?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithAug 17, 2020 8:42 AM Categories Pay & Benefits Leave a comment

A bill would provide federal retirement benefits to former employees of Air America, a covert organization operating during the Cold War, Korean War, and Vietnam War.

No Major Changes in 2021 Per Diem Rates

FedSmith.com author Ian SmithBy Ian SmithAug 14, 2020 4:05 PM Categories Pay & Benefits Leave a comment

GSA has released the per diem rates for fiscal year 2021.

Additional Dental and Vision Carriers Coming in 2021

FedSmith.com author Ian SmithBy Ian SmithAug 12, 2020 1:44 PM Categories Pay & Benefits Leave a comment

OPM has announced additional dental and vision carriers for the FEDVIP program beginning in 2021.

Under What Circumstances Will Federal Employees Be Entitled to Paid Parental Leave?

FedSmith.com author Ian SmithBy Ian SmithAug 7, 2020 3:25 PM | Updated: Aug 10, 2020 7:35 AM Categories Pay & Benefits Leave a comment

The Office of Personnel Management is issuing an interim final rule stipulating how the new paid parental leave benefit can be used by federal employees.

Five Areas of Insurance Calling for a COVID-19 Gut-Check

By Shelly GiulianoAug 7, 2020 9:42 AM Categories Pay & Benefits Leave a comment

The coronavirus pandemic is a reminder to evaluate your current insurance needs. These are some insurance types to consider.

TSP Stocks Roar Back After March Debacle

FedSmith.com author Ralph R. SmithBy Ralph R. SmithAug 3, 2020 1:14 PM Categories Pay & Benefits Leave a comment

Despite the dramatic drop in March, TSP stock funds have roared back. One is now up more than 11% in the last 12 months.

TSP Announces Rule Change on Installment Payments

FedSmith.com author Ian SmithBy Ian SmithJul 31, 2020 9:53 AM Categories Pay & Benefits Leave a comment

The TSP is lifting a restriction on starting and restarting installment payments based on life expectancy.

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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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