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Position Classification Appeals: What is a Desk Audit?

FedSmith.com author Mathew B. Tully, Esq.By Mathew B. Tully, Esq.Aug 15, 2022 1:50 PM | Updated: May 2, 2023 6:08 PM Categories Human Resources Leave a comment

How do desk audits work? Although they may sound simple, there are many issues that can arise from them.

Federal Salary Council Adopts “Pro-labor Recommendations” to Raise Pay for Upwards of 30,000 Federal Employees

FedSmith.com author Ralph R. SmithBy Ralph R. SmithAug 15, 2022 7:12 AM | Updated: Sep 23, 2022 9:51 AM Categories Pay & Benefits Leave a comment

The Federal Salary Council is recommending changes to raise pay for “tens of thousands” of federal employees.

The Public Service Reform Act Would Wreck The Civil Service

By Jeff NealAug 12, 2022 9:25 AM Categories Human Resources Leave a comment

The author says that recently introduced legislation to make federal employees at-will employees would destroy the civil service.

TSP Investments in China: No TSP for the CCP?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithAug 11, 2022 11:53 AM | Updated: Aug 1, 2023 2:27 PM Categories Pay & Benefits Leave a comment

Chinese investments through the TSP mutual fund window are creating political controversy and national security concerns.

GAO Agrees to Investigate TSP Website Problems

FedSmith.com author Ian SmithBy Ian SmithAug 11, 2022 6:33 AM Categories Federal Workforce News Leave a comment

GAO has agreed to investigate the recent problems that have plagued the TSP since the launch of the new website and features in June.

Rising 2022 Inflation Adds to USPS Q3 Losses

FedSmith.com author Ian SmithBy Ian SmithAug 10, 2022 12:18 PM Categories Agency News Leave a comment

Despite aid from the Postal Service Reform Act, USPS 2022 third quarter financial performance was strained due to rising 2022 inflation.

2023 COLA Update: CPI-W Up 9.1% in One Year

FedSmith.com author Ralph R. SmithBy Ralph R. SmithAug 10, 2022 10:34 AM Categories Retirement Leave a comment

The latest 2022 inflation update and the first month used in the 2023 COLA calculation are now official. Here are the results.

FSC Says Federal Employee Pay Disparity Now at 22.47%

FedSmith.com author Ian SmithBy Ian SmithAug 9, 2022 4:06 PM Categories Pay & Benefits Leave a comment

The Federal Salary Council said that federal employees are underpaid by an average of over 20%. Does this mean you should expect a pay raise of this size?

Life Planning Resources About You That Your Family Will Need

FedSmith.com author Francis Xavier (FX) BergmeisterBy Francis Xavier (FX) BergmeisterAug 9, 2022 10:17 AM Categories Retirement Leave a comment

These are important federal agency resources to share with your loved ones in the event of a federal employee’s decline or death.

Number of TSP Millionaires Going Down: 36% Drop From Highest Point

FedSmith.com author Ralph R. SmithBy Ralph R. SmithAug 8, 2022 1:30 PM | Updated: Nov 6, 2022 6:46 PM Categories Pay & Benefits Leave a comment

The number of TSP millionaires continues to drop in the midst of the highest inflation rates in 40 years. Here is the latest number as of the end of June 2022.

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Daily TSP Performance

May 4, 2026

Fund Last % YTD
G Fund $19.8731 +0.04% +1.46%
F Fund $20.8728 -0.32% -0.04%
C Fund $115.6318 -0.40% +5.59%
S Fund $109.1196 -0.34% +8.68%
I Fund $61.3781 -0.28% +10.61%
L Income $30.1723 -0.09% +3.18%
L 2030 $60.9371 -0.20% +4.89%
L 2035 $18.6651 -0.24% +5.58%
L 2040 $71.8065 -0.27% +5.93%
L 2045 $19.9260 -0.29% +6.24%
L 2050 $44.2732 -0.31% +6.55%
L 2055 $23.0836 -0.35% +7.72%
L 2060 $23.0808 -0.35% +7.72%
L 2065 $23.0779 -0.35% +7.72%
L 2070 $13.6778 -0.35% +7.72%
L 2075 $11.9476 -0.35% +7.72%
Get detailed TSP data at TSPDataCenter.com

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