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Pay Raise

How is the Annual Federal Employee Pay Raise Determined? What You Need to Know

FedSmith.com author Ralph R. SmithBy Ralph R. SmithMay 17, 2021 7:40 AM Categories Pay & Benefits Leave a comment
Four separate vertical stacks of coins growing in size from left to right pictured next to a white piggy bank on a wooden surface

How is the annual federal employee pay raise determined for the upcoming year?

White House 2022 Pay Raise Proposal Not Here Yet

FedSmith.com author Ian SmithBy Ian SmithApril 10, 2021 10:33 AM Categories Pay & Benefits Leave a comment
Vertical stacks of coins growing in size from left to right with a green plant growing out of the top of each depicting a pay raise/investment growth/wealth

Federal employees who are anxious to find out what the White House wants to give them for a pay raise next year will have to wait a while longer.

$15 Minimum Wage for Federal Employees

FedSmith.com author Ralph R. SmithBy Ralph R. SmithMarch 8, 2021 11:32 AM Categories Pay & Benefits Leave a comment
Judge's gavel beside a desk plaque that reads 'minimum wage'

What is the latest on a $15 per hour minimum wage for federal employees? Will others get a raise as well?

Senate Bill Would Give Federal Employees a 3.2% Raise in 2022

FedSmith.com author Ian SmithBy Ian SmithMarch 5, 2021 12:12 PM Categories Pay & Benefits Leave a comment
Bag of money with a green dollar sign ($) on it surrounded by several piles of cash against a solid white background

A Senate bill would give federal employees a higher raise in 2022 than they might otherwise normally receive.

Lawmakers Want a 3.2% Pay Raise for Federal Employees in 2022

FedSmith.com author Ian SmithBy Ian SmithUpdated: January 28, 2021 3:47 PM Categories Pay & Benefits Leave a comment
Bag of money with a green dollar sign ($) on it surrounded by several piles of cash against a solid white background

Two lawmakers are calling for a 3.2% pay raise for federal employees in 2022.

50 Years of Federal Pay: Democrats v. Republicans

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJanuary 10, 2021 1:31 PM Categories Pay & Benefits Leave a comment
Old style alarm clock and stacks of coins pictured in front of a city skyline

How have pay raises for federal employees fared under each political party in the last half-century?

Changes in Pay Rates for Federal Employees

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJanuary 4, 2021 11:55 AM Categories Pay & Benefits Leave a comment
Spread of $100 bills pictured on a light blue background

President Trump’s Executive Order on 2021 pay impacts a number of federal employee pay schedules.

Federal Employees’ 2021 Pay Raise Finalized

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDecember 31, 2020 9:17 PM Categories Pay & Benefits Leave a comment
2021 number on wood blocks on top of vertical stacks of coins growing in size from left to right - 2021 pay raise

After an unusual series of events, federal employees now have a final answer on what their 2021 pay raise will be.

A Federal Pay Raise, A Shutdown and A Veto?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDecember 23, 2020 12:03 PM Categories Pay & Benefits Leave a comment
Image of the capitol building (Congress) in Washington, DC surrounded by cash and US Treasury checks

President Trump may sign the latest spending bill or he could veto the bill. What does this do to a federal employee pay raise?

Pay Freeze for Federal Employees in 2021?

FedSmith.com author Ian SmithBy Ian SmithUpdated: November 11, 2020 1:09 PM Categories Pay & Benefits Leave a comment
$100 bill frozen in a block of ice

A 2021 pay freeze for federal employees has been proposed by the Senate.

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Daily TSP Rates

May 17, 2021

Fund Last % YTD
G Fund $16.5859 +0.01% +0.47%
F Fund $20.6287 -0.05% -2.68%
C Fund $62.3067 -0.25% +11.44%
S Fund $80.3681 -0.18% +8.31%
I Fund $38.2871 +0.08% +8.19%
L Income $22.8151 -0.02% +2.41%
L 2025 $11.6860 -0.06% +4.72%
L 2030 $41.0703 -0.08% +5.91%
L 2035 $12.3136 -0.09% +6.44%
L 2040 $46.5211 -0.09% +6.97%
L 2045 $12.7268 -0.10% +7.42%
L 2050 $27.8442 -0.11% +7.89%
L 2055 $13.6259 -0.13% +9.78%
L 2060 $13.6258 -0.13% +9.78%
L 2065 $13.6256 -0.13% +9.77%
Get detailed TSP data at TSPDataCenter.com

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