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Military

Is a 5.2% 2024 Federal Pay Raise Ensured?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDec 20, 2023 11:49 AM | Updated: Dec 21, 2023 5:52 PM Categories Pay & Benefits Leave a comment
Man's hands helping balance a scale with a percentage on one side and a piggy bank on the other depicting a balance between locality pay percentages and pay raises

An average 5.2% 2024 federal pay raise is virtually certain because of recent events. Here is a quick summary.

Make Military Deposits to Increase Spousal Benefits

FedSmith.com author Francis Xavier (FX) BergmeisterBy Francis Xavier (FX) BergmeisterMay 31, 2023 2:15 PM Categories Retirement Leave a comment

Military deposits can increase spousal benefits if a federal employee passes away before or after retirement.


DoD Officially Drops COVID Vaccine Mandate for Military

FedSmith.com author Ian SmithBy Ian SmithJan 11, 2023 9:05 AM | Updated: Jan 30, 2023 3:14 PM Categories Federal Workforce News Leave a comment
Close up of a row of bottles of COVID-19 vaccines

The Pentagon has formally rescinded the military COVID vaccination requirement as part of the 2023 NDAA.

Agreement in Congress May Be Death of the Military Vaccine Mandate

FedSmith.com author Ian SmithBy Ian SmithDec 7, 2022 12:02 PM Categories Federal Workforce News Leave a comment

A deal reached in Congress could end the military vaccine mandate and also give pay parity to federal employees for the 2023 federal pay raise.

When Should I Make a Deposit for My Military Time?

By Brandon ChristySep 20, 2021 2:52 PM Categories Retirement Leave a comment

Federal employees may be able to receive retirement credit for their military service.

How a Military Deposit Affects Your Retirement

FedSmith.com author Dallen HawsBy Dallen HawsJun 3, 2021 8:14 AM Categories Retirement Leave a comment

How does a military deposit affect your retirement, and should you buy back your military time?

Legislation Seeks to Expand Parental Leave for Military Members

FedSmith.com author Ian SmithBy Ian SmithMay 12, 2021 4:05 PM Categories Pay & Benefits Leave a comment
Close up of a mother holding her baby's hand

Legislation has been introduced to greatly expand parental leave benefits for members of the military.

Does Time at a U.S. Military Academy Count Toward Civilian Service?

FedSmith.com author Susan McGuire SmithBy Susan McGuire SmithJan 31, 2020 8:14 AM | Updated: Feb 13, 2020 7:10 AM Categories Court Cases Leave a comment

An appeals court considered whether the 5 year requirement of civilian service to quality for an annuity could be met in part with service as a cadet at West Point.

Federal Employee Charged with Theft of Over $1 Million in Military Equipment

FedSmith.com author Ian SmithBy Ian SmithSep 28, 2019 12:20 PM | Updated: Oct 9, 2019 7:36 AM Categories Court Cases Leave a comment
Wooden judge's gavel sitting on a spread of $100 bills next to a pair of handcuffs on a wooden surface

A federal employee at Camp Mabry has been charged with stealing over $1 million worth of military equipment.

Should I Buy Back Military Time?

FedSmith.com author Neal ThompsonBy Neal ThompsonAug 27, 2019 12:09 PM Categories Retirement Leave a comment
Pink piggy bank sitting on top of stacks of cash

Should you buy back military time? The author provides an analysis.

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Daily TSP Performance

April 20, 2026

Fund Last % YTD
G Fund $19.8394 +0.04% +1.28%
F Fund $21.0674 -0.05% +0.89%
C Fund $114.1387 -0.23% +4.22%
S Fund $109.7297 +0.75% +9.28%
I Fund $61.8167 -0.60% +11.40%
L Income $30.1227 -0.04% +3.01%
L 2030 $60.8067 -0.12% +4.66%
L 2035 $18.6228 -0.15% +5.34%
L 2040 $71.6395 -0.16% +5.68%
L 2045 $19.8785 -0.18% +5.98%
L 2050 $44.1628 -0.19% +6.28%
L 2055 $23.0027 -0.23% +7.34%
L 2060 $23.0000 -0.23% +7.34%
L 2065 $22.9973 -0.23% +7.34%
L 2070 $13.6301 -0.23% +7.34%
L 2075 $11.9060 -0.23% +7.34%
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