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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.

TSP Update: Coronavirus Loans and F Fund Ahead in 2020

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJul 29, 2020 9:23 AM | Updated: Aug 28, 2020 7:22 AM Categories Pay & Benefits Leave a comment

Here are the results of the CARES Act project for the TSP and where participants moved their investments in June.

Annual Pay Raise vs. COLA: How Are They Different?

FedSmith.com author Dallen HawsBy Dallen HawsJul 28, 2020 2:04 PM Categories Pay & Benefits, Retirement Leave a comment

There is a lot of confusion about the difference between a COLA for federal retirees and a pay raise for federal employees. Here is a summary of the differences.

What Benefits Will Your Family Have When You Pass Away?

FedSmith.com author Dallen HawsBy Dallen HawsJul 24, 2020 10:17 AM | Updated: Dec 12, 2020 5:46 PM Categories Pay & Benefits Leave a comment

These are some benefits available to federal employees the can be transferred to their survivors.

Lawsuit Seeking Hazard Pay for Federal Employees Over Coronavirus Gets New Plaintiffs

FedSmith.com author Ian SmithBy Ian SmithJul 23, 2020 11:58 AM Categories Pay & Benefits Leave a comment

A lawsuit seeking hazard pay for federal employees exposed to the coronavirus has been amended to add new plaintiffs.

Top 10 Highest Paid Feds – 1 Is Well-Known

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJul 21, 2020 2:36 PM | Updated: Jan 16, 2022 10:18 AM Categories Pay & Benefits Leave a comment

Who are the highest paid federal employees? At least one name on the list will likely sound familiar.

OPM Proposes New Protections for Federal Employees’ Health Benefits During Future Shutdowns

FedSmith.com author Ian SmithBy Ian SmithJul 18, 2020 10:24 AM | Updated: Jul 20, 2020 7:56 AM Categories Pay & Benefits Leave a comment

OPM is issuing a proposed rule which would ensure federal employees will not have interruptions in some of their health benefits in the event of a shutdown.

Lawmakers Look to Pay Parity to Give Federal Employees a Higher Pay Raise

FedSmith.com author Ian SmithBy Ian SmithJul 15, 2020 2:56 PM Categories Pay & Benefits Leave a comment

A group of House lawmakers are calling on pay parity with the military to give federal employees a bigger raise next year.

FedSmith Readers Plan to Take Advantage of the New L Funds

FedSmith.com author Ian SmithBy Ian SmithJul 15, 2020 11:38 AM Categories Pay & Benefits Leave a comment

A majority of respondents in our latest survey said that they plan to utilize the new L Funds in the TSP.

New Locality Pay Areas Proposed

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJul 10, 2020 11:24 AM Categories Pay & Benefits Leave a comment

OPM is proposing to add Des Moines, IA and Imperial County, CA to the locality pay area system.

Will There Be a Pay Raise for Federal Employees? Delving into the Morass

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJul 8, 2020 12:09 PM Categories Pay & Benefits Leave a comment

Where do we stand on approval of a pay raise in 2021 for the federal workforce?

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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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