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Exactly How Would the 2016 House GOP Budget Impact Your Pay and Benefits?

FedSmith.com author Ian SmithBy Ian SmithMar 24, 2015 9:47 PM | Updated: Aug 25, 2016 4:26 PM Categories Pay & Benefits, Retirement Leave a comment

The House budget committee released its 2016 budget proposal last week, largely bereft of any specifics of proposed changes to federal pay and benefits. A new report, however, is shedding some light on these details.

Federal Employees Collectively Owe Over $3.5 Billion in Taxes

FedSmith.com author Ian SmithBy Ian SmithMar 24, 2015 8:10 PM | Updated: Aug 12, 2016 2:58 PM Categories Federal Workforce News, Pay & Benefits Leave a comment

A new report from the IRS shows that current and former federal employees collectively owe $3,539,203,480 in unpaid taxes as of the end of FY 2014.

Will a New Budget Cut G Fund Interest Rates?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithMar 24, 2015 3:32 PM Categories Federal Workforce News Leave a comment

Will budget negotiations for fiscal year 2016 negatively impact the Thrift Savings Plan used by federal employees for their future retirement? One proposed change could impact the value of participants’ investments in the G Fund.

House Democrats State Their Policy on the Federal Workforce

FedSmith.com author Ian SmithBy Ian SmithMar 24, 2015 11:10 AM Categories Pay & Benefits Leave a comment

House Democrats have released their 2016 budget proposal. It includes a policy statement with their position on making laws that would impact the federal workforce.

Penalty for Withdrawing From TSP

FedSmith.com author John GrobeBy John GrobeMar 24, 2015 5:09 AM Categories Retirement, Q&A Leave a comment

I am age 64 and retired from GSA in 2008 under the CSRS, having worked 36+ years. Is there a penalty for me to withdraw some or all of my TSP before age 70 1/2 ?

Moving Closer to Self-Plus-One Option Under FEHB

FedSmith.com author Ralph R. SmithBy Ralph R. SmithMar 22, 2015 2:45 PM Categories Federal Workforce News, Human Resources, Pay & Benefits Leave a comment

The Office of Personnel Management is moving forward with implementing the “self plus one” option in the Federal Employees Health Benefits Program. Here are some recently released details about this new option.

Some Federal Employees in North Dakota Are Getting a 34% Pay Raise

FedSmith.com author Ian SmithBy Ian SmithMar 20, 2015 4:50 PM Categories Pay & Benefits Leave a comment

Some federal employees in North Dakota are going to be getting a 34% pay increase.

Past Practice Doctrine

FedSmith.com author Robert DietrichBy Robert DietrichMar 19, 2015 4:47 PM Categories Federal Workforce News Leave a comment

The author discusses the concept of past practice as it applies to bargaining agreements between an agency and a union.

Legislation Would Ban Bonuses for Some Federal Employees

FedSmith.com author Ian SmithBy Ian SmithMar 18, 2015 6:15 PM Categories Pay & Benefits Leave a comment

Three Senators reintroduced legislation this week that would prohibit paying bonuses to federal workers who are not in good standing with their agencies or who are in violation of the law.

Winning Has Consequences

FedSmith.com author Susan McGuire SmithBy Susan McGuire SmithMar 18, 2015 4:51 PM Categories Court Cases, Federal Workforce News Leave a comment

An employee flush with victory when the Board ordered her reinstatement perhaps got too bullish in dealing with the agency as it tried to work out her back pay. See how this one unfolded and what the court did with it.

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Daily TSP Performance

May 6, 2026

Fund Last % YTD
G Fund $19.8780 +0.01% +1.48%
F Fund $21.0010 +0.42% +0.57%
C Fund $118.2739 +1.46% +8.00%
S Fund $111.9585 +1.32% +11.50%
I Fund $63.6530 +2.68% +14.71%
L Income $30.4236 +0.55% +4.04%
L 2030 $61.9188 +1.07% +6.58%
L 2035 $19.0210 +1.27% +7.59%
L 2040 $73.2944 +1.38% +8.13%
L 2045 $20.3672 +1.47% +8.59%
L 2050 $45.3149 +1.56% +9.06%
L 2055 $23.7296 +1.85% +10.73%
L 2060 $23.7267 +1.85% +10.73%
L 2065 $23.7238 +1.85% +10.73%
L 2070 $14.0607 +1.85% +10.73%
L 2075 $12.2820 +1.85% +10.73%
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