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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.

Leaving Federal Employment Before You Are Eligible to Retire

FedSmith.com author Dallen HawsBy Dallen HawsJul 7, 2020 1:42 PM Categories Pay & Benefits Leave a comment

What happens to your federal benefits if you leave before you are eligible to retire?

What are the Highest Rated Federal Employee Benefits?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJul 6, 2020 12:48 PM Categories Pay & Benefits Leave a comment

What do federal employees think of their benefits? OPM has released its latest survey results.

Federal Employees Have a Limited Window to Make Mid-Year Changes to FSAFEDS Elections

FedSmith.com author Ian SmithBy Ian SmithJul 1, 2020 4:00 PM | Updated: Jul 9, 2020 6:26 PM Categories Pay & Benefits Leave a comment

Federal employees have a 60-day window to make mid-year changes to their elections under the FSAFEDS program.

Which TSP Fund Up 8.65% in 12 Months?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJul 1, 2020 9:57 AM Categories Pay & Benefits Leave a comment

How did the TSP funds perform in June? The best performing fund in the last year may surprise you.

Federal Employees Have it Good

FedSmith.com author Dallen HawsBy Dallen HawsJun 29, 2020 7:44 AM Categories Pay & Benefits Leave a comment

Federal employees may not always think of themselves as lucky, but as the author points out, there are some perks to being a member of the federal workforce.

Will You Be Using the New L Funds?

FedSmith.com author Ian SmithBy Ian SmithJun 28, 2020 10:27 AM | Updated: Jul 16, 2020 9:58 AM Categories Pay & Benefits Leave a comment

Do you plan to utilize the new L Funds when they take effect this week? Share your feedback in this short survey.

New L Funds Launching July 1

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJun 22, 2020 1:11 PM | Updated: Jun 30, 2020 5:24 PM Categories Pay & Benefits Leave a comment

A variety of new L Fund options are coming soon to the TSP.

OPM Plans to ‘Streamline the Leave Restoration Process’ for Coronavirus

FedSmith.com author Ian SmithBy Ian SmithJun 19, 2020 11:30 AM Categories Pay & Benefits Leave a comment

OPM said it plans to issue regulations soon that would “streamline the leave restoration process” in certain situations for lost annual leave.

You Can Now Apply for Coronavirus TSP Loans

FedSmith.com author Ian SmithBy Ian SmithJun 16, 2020 8:51 AM | Updated: Apr 29, 2021 11:13 AM Categories Pay & Benefits Leave a comment

Special loan and withdrawal options are now available to TSP participants affected by the coronavirus.

FEGLI and Beyond: Meeting Your Late-Career Life Insurance Needs

By Shelly GiulianoJun 5, 2020 8:30 AM Categories Pay & Benefits Leave a comment

FEGLI’s coverage reduces as you age, so it’s important to understand the available options as you head into retirement.

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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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