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General Schedule

Articles in this section help shed light on the General Schedule (GS) pay system, the cornerstone of compensation for federal employees. Explore comprehensive insights into the GS pay scale, detailing its structure, annual adjustments, and the factors influencing annual federal pay raises. Stay informed about the latest updates and understand how changes in the GS pay scale impact federal employees’ earnings. Whether you’re navigating the intricacies of federal pay or seeking information on recent pay raises, our articles provide in-depth analyses to empower federal workers with the knowledge needed for financial planning and career decisions. Stay current with our expert resources on the GS pay scale and federal pay raise developments.

OPM Proposes Expanding Locality Pay Areas to 32,900 More Federal Employees

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJun 28, 2023 4:30 PM | Updated: Oct 30, 2023 4:17 PM Categories Federal Employee Pay News Leave a comment

OPM has issued a proposed rule to add about 33,000 federal employees into locality pay areas or creating new areas.

Salary Council Urges Adding Tens of Thousands of Federal Employees to Locality Pay

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJun 16, 2023 2:18 PM Categories Federal Employee Pay News Leave a comment
A large 3D dollar sign is pictured behind a harbor front city skyline

The Salary Council is pushing to add thousands of federal employees into the 2024 GS locality pay system.

Pay Compression, Pay Caps Impacting Federal Employees Frozen at $183,500

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJan 4, 2023 8:07 AM | Updated: Aug 9, 2023 11:03 AM Categories Federal Employee Pay News Leave a comment
Hundred dollar bills in ice signifying a pay freeze

Pay compression and the pay freeze now impact senior federal employees in 31 GS locality pay areas.

Value of GS Locality Pay? In One Example, 53% Increase Over “Rest of the U.S.”

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDec 29, 2022 10:37 AM Categories Federal Employee Pay News Leave a comment
Two stacks of cash on the ends of an evenly balanced balance beam; the stack on the left is smaller than the one on the right

What is the value of joining a GS locality pay area? In this sample, one pay area had a 53% increase over the Rest of the U.S. in one step for a GS 12.

2023 Federal Pay Raise and 2023 GS Pay Scale Finalized

FedSmith.com author Ian SmithBy Ian SmithDec 23, 2022 2:49 PM | Updated: Jan 16, 2023 10:20 AM Categories Federal Employee Pay News Leave a comment
Image of road sign with words 'pay raise just ahead'

President Biden has issued an Executive Order finalizing the 2023 federal pay raise as well as the 2023 GS pay scale tables.

2023 GS Locality Pay Tables Published: Here are Localities with Highest and Lowest Pay Increases

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDec 23, 2022 2:47 PM | Updated: Jan 8, 2023 10:45 AM Categories Federal Employee Pay News Leave a comment
Illustration of bags and piles of money growing in size from left to right with a rising trend line arrow above them depicting growing savings/wealth for retirement

Here are the 2023 GS locality pay areas with the highest and lowest total pay increases for 2023.

GS Locality Pay and Cost of Living

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDec 22, 2022 12:21 PM Categories Q&A, Federal Employee Pay News Leave a comment

Why is my city not included in a GS locality pay area? The cost of living is very high and this seems unfair.

What Are “Special Rates” for Federal Employees? Will They Receive 4.1% Pay Raise?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDec 20, 2022 6:46 AM Categories Federal Employee Pay News Leave a comment
Spread of four $100 bills with a question mark pictured overlaid on top of them expressing doubt or uncertainty about a pay raise

What are special rates for federal employees and how are they related to the GS locality pay rates? Does the 2023 federal pay raise apply to the special rates?

President’s Pay Agent Issues GS Locality Pay Decisions for 2023—and Beyond

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDec 19, 2022 2:35 PM Categories Federal Employee Pay News Leave a comment

The President’s Pay Agent has issued a report for 2023 GS locality pay and approved recommendations for 2024 GS locality pay that will add about 32,000 more to the locality pay system.

Seeking Higher Salary of GS Locality Pay? Here is Status of Requests to be Added

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDec 15, 2022 8:28 AM | Updated: Dec 19, 2022 1:50 PM Categories Federal Employee Pay News Leave a comment
Series of red blocks of varying sizes each containing a white percent sign set against a white background

How does an area become part of a GS locality pay area? Which regions have requested to be added to GS locality pay areas and what is their status?

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Daily TSP Performance

May 16, 2025

Fund Last % YTD
G Fund $19.0667 +0.01% +1.67%
F Fund $19.8702 +0.05% +2.01%
C Fund $94.6008 +0.71% +1.80%
S Fund $88.9812 +1.01% -1.30%
I Fund $47.2925 +0.28% +12.88%
L Income $27.4974 +0.17% +2.83%
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L 2030 $52.4907 +0.37% +4.05%
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L 2040 $60.3474 +0.44% +4.44%
L 2045 $16.5970 +0.47% +4.59%
L 2050 $36.5506 +0.49% +4.74%
L 2055 $18.4951 +0.59% +5.19%
L 2060 $18.4928 +0.59% +5.19%
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L 2070 $10.9587 +0.59% +5.20%
Get detailed TSP data at TSPDataCenter.com

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