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Annuity

Stay informed on federal retirement annuities under both FERS and CSRS, including updates on annuity calculations, eligibility rules, service credit, survivor benefits, and COLA adjustments that affect long‑term retirement income. Explore clear explanations of how federal pensions are computed, how policy or legislative changes may impact annuity payments, and what federal retirees need to know about planning for financial security. Find timely analysis and practical guidance to help federal employees and retirees understand the factors that shape their annuity benefits.

What Penalties Would I Face If I Retire at 62 With Less Than 20 Years of Service?

FedSmith.com author John GrobeBy John GrobeAug 16, 2017 10:48 AM | Updated: Aug 23, 2017 3:59 PM Categories Pay & Benefits, Q&A Leave a comment

What penalties would I face if I retire at 62 years old but have less than 20 years in service?

How Do You Take Away a Benefit That’s Already Been Paid For?

FedSmith.com author John GrobeBy John GrobeAug 7, 2017 2:47 PM | Updated: Feb 27, 2018 11:55 AM Categories Pay & Benefits Leave a comment
Rubber stamp with the word 'paid'

Recent proposals suggest cutting federal employees’ retirement benefits, however, the author says that lawmakers may not understand how these are funded.

Lawmakers Express Concerns Over Proposals to Cut Federal Employees’ Benefits

FedSmith.com author Ian SmithBy Ian SmithAug 2, 2017 10:20 AM | Updated: Aug 8, 2017 11:54 AM Categories Pay & Benefits Leave a comment

Lawmakers in both the House and Senate recently sent letters expressing their concerns to proposals to cut federal employees’ benefits.

Can I Be Considered a CSRS Re-Hire Under a Presidential Appointment?

FedSmith.com author John GrobeBy John GrobeJul 24, 2017 10:26 AM | Updated: Jul 31, 2017 1:22 PM Categories Q&A, Retirement Leave a comment
Yellow road sign with the words 'welcome aboard'

Can I be considered as a CSRS re-hire? If so, how will my previous CSRS time affect any retirement benefits to which I would be entitled eight years from now?

What Impact Will the Proposed Cuts to Our Benefits Have on Me?

FedSmith.com author Ian SmithBy Ian SmithJul 20, 2017 3:10 PM Categories Pay & Benefits, Retirement Leave a comment
Worried businessman working at his desk in office staring at an open binder

I am concerned about proposed cuts to my benefits. What will this mean for my salary and what can I do in the meantime?

House Budget Committee Targets Federal Employee Pensions

FedSmith.com author Ian SmithBy Ian SmithJul 19, 2017 10:42 AM | Updated: Jul 25, 2017 11:53 AM Categories Pay & Benefits Leave a comment

The House Budget Committee’s 2018 budget proposal suggests reforming civil service pensions to “put them on a better fiscal path.”

Legislation Would Expand Salaries for Newer Federal Employees

FedSmith.com author Ian SmithBy Ian SmithJul 18, 2017 7:39 PM | Updated: Jul 25, 2017 11:53 AM Categories Pay & Benefits Leave a comment

Legislation has been introduced to cut the mandatory amount some federal employees contribute to their retirement programs by 3.6%.

Legislation Would Make Retired Federal Employee Pensions Public Information

FedSmith.com author Ian SmithBy Ian SmithJul 15, 2017 4:20 PM | Updated: Jul 21, 2017 8:02 PM Categories Pay & Benefits Leave a comment

Legislation introduced in the House would make retired federal employees’ pensions public information.

What If FERS Changed? Can You Still Retire Comfortably?

By Kelly MonroeJul 9, 2017 12:03 PM | Updated: Sep 4, 2017 7:50 AM Categories Retirement Leave a comment
Cartoon stick figure holding a complex looking chart with the words 'FERS pension' at the top

Cuts to retirement programs have been proposed which has many federal employees worried. Can you still retire comfortably if some of these changes were enacted?

Stay or Leave: Pros and Cons of Federal vs. Private Sector Employment

FedSmith.com author John GrobeBy John GrobeJul 4, 2017 12:14 PM Categories Pay & Benefits, Retirement Leave a comment
Businesswoman facing two roads trying to decide which one to choose

Should you stay in your federal job or leave for the private sector? The author looks at benefits and considerations of both areas of employment.

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Daily TSP Performance

April 14, 2026

Fund Last % YTD
G Fund $19.8250 +0.01% +1.21%
F Fund $21.0563 +0.26% +0.84%
C Fund $111.8484 +1.18% +2.13%
S Fund $106.0976 +1.00% +5.67%
I Fund $61.3477 +1.06% +10.55%
L Income $29.9595 +0.33% +2.45%
L 2030 $60.1943 +0.64% +3.61%
L 2035 $18.4028 +0.76% +4.09%
L 2040 $70.7241 +0.82% +4.33%
L 2045 $19.6080 +0.88% +4.54%
L 2050 $43.5253 +0.93% +4.75%
L 2055 $22.6049 +1.11% +5.49%
L 2060 $22.6023 +1.11% +5.49%
L 2065 $22.5996 +1.11% +5.49%
L 2070 $13.3944 +1.11% +5.49%
L 2075 $11.7001 +1.11% +5.49%
Get detailed TSP data at TSPDataCenter.com

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