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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.

Roth Conversions Not Coming to TSP

FedSmith.com author Ian SmithBy Ian SmithSep 5, 2019 2:04 PM | Updated: Sep 19, 2019 8:41 AM Categories Pay & Benefits Leave a comment

The FRTIB issued a final rule in which it responded to questions and suggestions from individuals about upcoming changes to the TSP.

To Roth or Not to Roth?

By Brandon ChristySep 5, 2019 8:39 AM Categories Pay & Benefits Leave a comment

What’s better for retirement savings: Roth or traditional? The author discusses some important considerations.

TSP to Temporarily Suspend Withdrawal Requests

FedSmith.com author Ian SmithBy Ian SmithSep 4, 2019 12:49 PM Categories Pay & Benefits Leave a comment

The TSP will temporarily stop accepting withdrawal requests in preparation for launching new withdrawal options.

Congressman Seeking Big Locality Pay Bump for Modesto, CA

FedSmith.com author Ian SmithBy Ian SmithSep 4, 2019 10:37 AM | Updated: Sep 17, 2019 9:34 AM Categories Pay & Benefits Leave a comment

One Congressman is pushing to expand the current boundaries of the highest paying locality area in the country.

Stock Market Volatility Rattles TSP Funds in August

FedSmith.com author Ralph R. SmithBy Ralph R. SmithSep 3, 2019 9:43 AM | Updated: Sep 16, 2019 2:21 PM Categories Pay & Benefits Leave a comment

Which TSP fund fared the best in August? The answer may surprise you.

President Recommends 2.6% Pay Raise for 2020

FedSmith.com author Ralph R. SmithBy Ralph R. SmithAug 30, 2019 9:08 PM | Updated: Dec 18, 2019 10:08 AM Categories Pay & Benefits Leave a comment

President Trump has issued an alternative pay plan for 2020 recommending a pay raise of 2.6%.

Number of TSP Millionaires Still Growing

FedSmith.com author Ralph R. SmithBy Ralph R. SmithAug 29, 2019 8:01 PM | Updated: Sep 11, 2019 12:57 PM Categories Pay & Benefits Leave a comment

How many millionaires are now in the Thrift Savings Plan? The growing number may be a surprise.

TSP Changes Made Easy

FedSmith.com author Charles DzamaBy Charles DzamaAug 28, 2019 10:58 AM Categories Pay & Benefits Leave a comment

Many important changes are coming to the TSP in September. Here is a summary of the new rules and how they will impact federal employees.

Senators Say I Fund Change Will Leave Federal Employees Vulnerable

FedSmith.com author Ian SmithBy Ian SmithAug 26, 2019 6:11 PM Categories Pay & Benefits Leave a comment

Two Senators are worried about an upcoming change to the TSP’s I Fund.

What’s Going on with the 2020 Pay Raise?

FedSmith.com author Ian SmithBy Ian SmithAug 26, 2019 2:14 PM | Updated: Sep 3, 2019 8:35 AM Categories Pay & Benefits Leave a comment

What is the status of a possible pay raise for federal employees in 2020? Here is where things currently stand.

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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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