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Federal Employee Pay News

Federal employee pay news: If it impacts pay and benefits for federal employees, you’ll find it here. Stay informed about important topics such as annual federal pay raises, the GS pay scale, and  Thrift Savings Plan (TSP) including the latest TSP performance updates. You will also find articles about the Federal Employees Health Benefits (FEHB) program, Federal Employees Group Life Insurance (FEGLI), and Federal Employees Dental and Vision Insurance Program (FEDVIP), or event legislation in Congress that could impact federal employees’ pay and benefits.

How Do TSP Loans Work?

FedSmith.com author Brennan RhuleBy Brennan RhuleSep 19, 2024 9:07 AM Categories Federal Employee Pay News Leave a comment
Block letters spelling the word 'loan' sitting on top of a calculator next to a jar of money

How do TSP loans work for federal employees?

What Happens When the Fed Cuts Interest Rates?

FedSmith.com author Charles DzamaBy Charles DzamaSep 18, 2024 1:55 PM Categories Federal Employee Pay News Leave a comment

When the Federal Reserve cuts interest rates, it can impact the TSP.

How to Invest Your TSP Like the Pros

FedSmith.com author Dallen HawsBy Dallen HawsSep 17, 2024 8:20 AM Categories Federal Employee Pay News Leave a comment

These strategies can help federal employees build their long-term retirement savings in the TSP.

TSP’s I Fund Now Tracking New Index

FedSmith.com author Ian SmithBy Ian SmithSep 10, 2024 1:31 PM Categories Federal Employee Pay News Leave a comment
Glass globe over stock data on computer screen

The TSP’s I Fund now tracks a new benchmark index, a change that has been a long time coming.

TSP Returns Flying High With C Fund Up 19.5% in 2024: Is Risk in Stocks Going Up?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithSep 1, 2024 4:10 PM Categories Federal Employee Pay News Leave a comment
Silhouettes of a bull and a bear facing each other with a green market gains arrow and a red financial losses arrow pictured above each, respectively

August was a volatile month for stocks, but it ended well for TSP investors. How are they reacting to changes in the market?

Biden Issues Alternative Pay Plan Letter for 2025 Federal Pay Raise

FedSmith.com author Ian SmithBy Ian SmithAug 30, 2024 4:20 PM Categories Federal Employee Pay News Leave a comment
Yellow sign that reads 'pay raise just ahead' against a blue sky background

President Biden has issued the letter outlining his alternative pay plan for the 2025 federal pay raise.

Rolling Over Money Into the TSP

FedSmith.com author Brennan RhuleBy Brennan RhuleAug 29, 2024 8:25 AM Categories Federal Employee Pay News Leave a comment
Red and blue directional arrows pointing in opposite directions, one at block letters that spell 'traditional' and the other and block letters that spell 'roth'

Federal employees who have retirement funds outside of the TSP may benefit from rolling those funds into the TSP.

TSP Investors Enjoying Spectacular 2024 TSP Returns

FedSmith.com author Ralph R. SmithBy Ralph R. SmithAug 27, 2024 11:37 AM Categories Federal Employee Pay News Leave a comment
Silhouette of a bull overlaid on a table of stock market prices against a blue background

2024 has been spectacular for TSP investors. Here are the results so far for all TSP funds, including the new L 2070 Fund launched in July.

Understanding Your FEHB Coverage as a Survivor Annuitant: Continuing Federal Benefits

FedSmith.com author Brennan RhuleBy Brennan RhuleAug 21, 2024 8:46 AM Categories Federal Employee Pay News Leave a comment
Paper form labeled 'health insurance' next to cash, a pen, and a red medical first aid kit symbol

How do FEHB benefits work for the surviving members of a federal employee’s family in the event of his or her death?

GSA Releases FY 2025 Per Diem Rates

FedSmith.com author Ian SmithBy Ian SmithAug 19, 2024 5:55 AM Categories Federal Employee Pay News Leave a comment
Close up of the legs and feet of a person wearing blue jeans pulling a suitcase on wheels through an airport

GSA has released the per diem rates for fiscal year 2025.

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Daily TSP Performance

May 16, 2025

Fund Last % YTD
G Fund $19.0667 +0.01% +1.67%
F Fund $19.8702 +0.05% +2.01%
C Fund $94.6008 +0.71% +1.80%
S Fund $88.9812 +1.01% -1.30%
I Fund $47.2925 +0.28% +12.88%
L Income $27.4974 +0.17% +2.83%
L 2025 $14.1527 +0.18% +2.84%
L 2030 $52.4907 +0.37% +4.05%
L 2035 $15.8511 +0.40% +4.25%
L 2040 $60.3474 +0.44% +4.44%
L 2045 $16.5970 +0.47% +4.59%
L 2050 $36.5506 +0.49% +4.74%
L 2055 $18.4951 +0.59% +5.19%
L 2060 $18.4928 +0.59% +5.19%
L 2065 $18.4903 +0.59% +5.19%
L 2070 $10.9587 +0.59% +5.20%
Get detailed TSP data at TSPDataCenter.com

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