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Budget

2021 Budget Proposal Would Eliminate FERS COLA, SRS

FedSmith.com author Ian SmithBy Ian SmithFebruary 10, 2020 1:30 PM Categories Federal Employee Retirement Leave a comment
Scissors cutting two $100 bills in half against a solid white background

A number of reductions to federal employees’ retirement benefits have been proposed in the President’s 2021 Budget.

Budgeting for Retirement

FedSmith.com author Justin HoltzBy Justin HoltzNovember 25, 2019 1:26 PM Categories Federal Employee Retirement Leave a comment

Do you know what your expenses will be in retirement? Putting together a budget can help you plan for this phase of your life.

We’ve Got a Budget. Where is Your Raise?

FedSmith.com author Ian SmithBy Ian SmithAugust 2, 2019 4:10 PM Categories Federal Employee Pay News Leave a comment
Pink piggy bank wearing glasses next to a chalkboard with multiple question marks

A budget agreement has been passed for the federal government. What does this mean for a pay raise next year?

Shutdown Averted? Not So Fast…

FedSmith.com author Jeff NealBy Jeff NealAugust 1, 2019 12:47 PM Categories Current Events Leave a comment

You may think the recent budget agreement means a shutdown is off the table, but the author says federal employees should still be cautious.

House Dems Ask to Block Funding for OPM Reorganization

FedSmith.com author Ian SmithBy Ian SmithApril 5, 2019 1:04 PM Categories Agency News Leave a comment
Two $100 bills inside of a locked padlock

A group of House Democrats have asked to block funding for the Trump administration’s proposal to reorganize OPM.

Budget Amendments Introduced for Federal Employees

FedSmith.com author Ian SmithBy Ian SmithMarch 27, 2019 2:04 PM Categories Federal Employee Pay News Leave a comment

Four amendments have been introduced that are designed to protect the pay and benefits of federal employees and contractors.

Is it Time to Change Federal Retirement Benefits?

FedSmith.com author Jeff NealBy Jeff NealMarch 22, 2019 10:19 AM Categories Federal Employee Retirement Leave a comment
Pink piggy bank wearing glasses next to a chalkboard with multiple question marks

Proposals to cut retirement benefits appear periodically. The author discusses some recent ones and what they might mean for federal employees.

New Pay Systems Proposed for Some Federal Jobs

FedSmith.com author Ralph R. SmithBy Ralph R. SmithMarch 19, 2019 2:33 PM Categories Federal Employee Pay News Leave a comment
Businessman touching a dollar sign on a touchscreen depicting salary/pay/wages/benefits

The President’s Management Agenda calls for action to establish special occupational pay systems for some federal jobs.

Details Revealed on Proposed Benefits Cuts

FedSmith.com author Ian SmithBy Ian SmithMarch 18, 2019 1:19 PM Categories Federal Employee Pay News, Federal Employee Retirement Leave a comment
Vertical stacks of coins that get smaller as they go from left to right with the letters 'pension' sitting on top of the stacks depicting a shrinking pension or annuity/benefits cuts

More details have been revealed about the suggested cuts to federal employees’ benefits along with the rationale for the proposals.

Benefits Cuts from 2020 Budget Mirror Past Proposals

FedSmith.com author Ian SmithBy Ian SmithMarch 16, 2019 5:38 PM Categories Federal Employee Pay News, Federal Employee Retirement Leave a comment
3D question mark lying on top of a stack of $100 bills depicting money questions, confusion, doubts over pay/benefits

Recent proposed cuts to federal employees’ benefits appear to be the same as ones from past budget proposals. Here is a recap.

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Daily TSP Performance

March 20, 2023

Fund Last % YTD
G Fund $17.3808 +0.03% +0.84%
F Fund $18.6769 -0.48% +2.58%
C Fund $60.8596 +0.89% +3.32%
S Fund $62.3656 +0.93% +1.36%
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L 2045 $12.0844 +0.75% +2.81%
L 2050 $26.2495 +0.80% +2.92%
L 2055 $12.6524 +1.01% +3.17%
L 2060 $12.6512 +1.01% +3.18%
L 2065 $12.6497 +1.01% +3.18%
Get detailed TSP data at TSPDataCenter.com

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