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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.

Trump Gives Federal Employees Extra Day Off for Christmas

FedSmith.com author Ian SmithBy Ian SmithDec 18, 2019 5:54 AM | Updated: Dec 22, 2019 7:50 AM Categories Pay & Benefits Leave a comment

President Trump has issued an Executive Order giving most federal employees an extra day off on Christmas Eve this year.

Largest Raise for Feds in 10 Years?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDec 16, 2019 3:44 PM | Updated: Dec 26, 2019 5:53 PM Categories Pay & Benefits Leave a comment

A raise of 3.1% for the federal workforce is now a strong possibility.

Paid Parental Leave Granted to Most Federal Employees

FedSmith.com author Ian SmithBy Ian SmithDec 13, 2019 7:56 AM Categories Pay & Benefits Leave a comment

Despite past failed attempts, it appears that Congress is going to be successful in enacting a paid parental leave policy for federal employees.

Deadline Rapidly Approaching for TSP Two-Step Authentication

FedSmith.com author Ian SmithBy Ian SmithDec 5, 2019 5:46 AM | Updated: Aug 15, 2020 9:24 AM Categories Pay & Benefits Leave a comment

Are you ready for the upcoming deadline for two-factor authentication on your TSP account?

One TSP Fund Up About 28% in 2019

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDec 2, 2019 11:14 AM | Updated: Dec 15, 2019 11:21 AM Categories Pay & Benefits Leave a comment

November was a good month for stocks. One TSP fund is up 27.61% in 2019.

Determining Minimum Wages For Federal Employees

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDec 2, 2019 6:17 AM | Updated: Dec 14, 2019 5:09 PM Categories Pay & Benefits Leave a comment

Some state or local governments have minimum wages that are higher than the federal government. OPM explains how to reconcile the differences.

Rubio Asks Trump to Replace FRTIB Members in Ongoing Battle Over the I Fund

FedSmith.com author Ian SmithBy Ian SmithNov 28, 2019 6:38 AM | Updated: Dec 14, 2019 5:08 PM Categories Pay & Benefits Leave a comment

Senator Marco Rubio (R-FL) has taken his battle over the I Fund to the White House.

ETAC Urges Senators to Drop Campaign Against I Fund Change

FedSmith.com author Ian SmithBy Ian SmithNov 27, 2019 7:17 AM | Updated: Dec 14, 2019 5:08 PM Categories Pay & Benefits Leave a comment

Federal employee interest groups are urging Congress to back off of its fight against changing the I Fund.

FRTIB Responds to Critics Over I Fund Change

FedSmith.com author Ian SmithBy Ian SmithNov 26, 2019 7:14 AM | Updated: Dec 10, 2019 1:20 PM Categories Pay & Benefits Leave a comment

The FRTIB has issued a public response to critics over its recent decision to change the TSP’s I Fund.

2020 Pay Raise Update: Still 2.6%?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithNov 23, 2019 9:44 AM | Updated: Dec 9, 2019 2:02 PM Categories Pay & Benefits Leave a comment

A new continuing resolution has passed preventing a government shutdown for a few weeks. What is the status of a 2020 pay raise?

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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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