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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.

Lawmakers Want a 3.5% Pay Raise for Federal Employees in 2021

FedSmith.com author Ian SmithBy Ian SmithJan 28, 2020 7:09 PM Categories Pay & Benefits Leave a comment

Two lawmakers have introduced legislation to provide a 3.5% pay raise for federal employees in 2021.

FRTIB Proposes Simplifying TSP Catch-Up Contribution Process

FedSmith.com author Ian SmithBy Ian SmithJan 25, 2020 8:45 AM | Updated: Feb 14, 2020 3:09 PM Categories Pay & Benefits Leave a comment

A proposed rule aims to simplify the catch-up contribution process for the TSP.

Bill Would Publicize Tax Debts of Federal Employees

FedSmith.com author Ian SmithBy Ian SmithJan 17, 2020 5:01 PM | Updated: Feb 2, 2020 7:31 AM Categories Pay & Benefits Leave a comment

Legislation has been introduced to make the tax debts of federal employees and retirees public information.

Federal Employees’ Favorite Topics in 2019

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJan 16, 2020 11:02 AM | Updated: Dec 9, 2020 9:17 AM Categories Pay & Benefits, Retirement Leave a comment

Which topics were of the most interest to federal employees in 2019? Here is the top 20 list of the most popular FedSmith articles last year.

New Details Clarify Which Federal Employees are Excluded from Paid Parental Leave

FedSmith.com author Ian SmithBy Ian SmithJan 15, 2020 1:17 PM | Updated: Jan 29, 2020 1:27 PM Categories Pay & Benefits Leave a comment

Additional details have been released clarifying which federal employees would be excluded from the new paid parental leave benefit.

Surging Number of TSP Millionaires

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJan 13, 2020 5:36 PM Categories Pay & Benefits Leave a comment

The number of TSP millionaires has dramatically increased in the past year and increased by tens of thousands over the past few years.

Is Paid Parental Leave ‘Another Step Towards Socialism’?

FedSmith.com author Ian SmithBy Ian SmithJan 9, 2020 7:44 AM Categories Pay & Benefits Leave a comment

Amidst many people extolling the virtues of the new paid parental leave benefit for federal employees, one person has expressed concerns about its ramifications.

Trends in TSP Investing

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJan 6, 2020 11:14 AM | Updated: Jan 17, 2020 12:46 PM Categories Pay & Benefits Leave a comment

Investors in the TSP change over time. The G Fund has decreased in popularity in recent years and the popularity of the Lifecycle funds continues to increase.

GSA Lowers Mileage Rates for 2020

FedSmith.com author Ian SmithBy Ian SmithJan 6, 2020 8:50 AM | Updated: Jan 17, 2020 12:46 PM Categories Pay & Benefits Leave a comment

The mileage reimbursement rates for federal employees traveling for work will be slightly lower in 2020.

TSP Releases January 2020 Processing Schedule

FedSmith.com author Ian SmithBy Ian SmithJan 2, 2020 3:15 PM | Updated: Jan 17, 2020 12:46 PM Categories Pay & Benefits Leave a comment

The TSP has published the January 2020 processing schedule with important tax information for TSP participants.

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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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