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Pay Raise

Why Your Raise or Annuity Goes Down Faster Than Inflation Goes Up

FedSmith.com author Ralph R. SmithBy Ralph R. SmithUpdated: February 23, 2022 3:23 PM Categories Pay & Benefits, Retirement Leave a comment

How is inflation measured? Measurement methods have changed. Those who think their decline in purchasing power is higher than reported are probably right.

Inflation Rate Soars to 7.5%; Comparing 45 Years of Federal Raises, Inflation, and COLAs

FedSmith.com author Ralph R. SmithBy Ralph R. SmithUpdated: February 15, 2022 11:31 AM Categories Pay & Benefits Leave a comment

Inflation is soaring. How does the inflation rate compare to 45 years of pay raises and COLAs?

Pay Raises, COLAs, Politics, 7.8% Inflation, and Federal Retirement

FedSmith.com author Ralph R. SmithBy Ralph R. SmithFebruary 9, 2022 9:39 AM Categories Retirement Leave a comment

Are the retirement decisions by federal employees impacted by politics and policy decisions?

Inflation Hit: 4.6% 2023 Federal Employee Pay Raise?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithFebruary 5, 2022 1:56 PM Categories Pay & Benefits Leave a comment

Speculation about a 2023 federal employee pay raise is now underway. How about 4.6%?

Hoping for a Big Raise? 53 Years of the Annual Federal Pay Raises

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJanuary 24, 2022 7:21 AM Categories Pay & Benefits 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

The annual federal pay raise interests all federal workers. Over the past 53 years, what was the highest, lowest, and average federal pay raise?

Bill Would Provide 5.1% Federal Pay Raise in 2023

FedSmith.com author Ian SmithBy Ian SmithUpdated: January 14, 2022 12:34 PM Categories Pay & Benefits Leave a comment
Close up of the face of Benjamin Franklin on the $100 bill

Legislation introduced in Congress would set the 2023 federal pay raise at 5.1%.

Inflation Rate Continues to Go Up Reducing Value of 2022 Federal Pay Raise

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJanuary 12, 2022 11:19 AM Categories Pay & Benefits Leave a comment
Pair of scissors cutting a stack of dollar bills against a solid white background depicting a pay cut or pay freeze

The inflation rate measured by the CPI-W went up 7.8% in 2021 reducing purchasing power of the 2022 COLA and pay raise now in effect.

Changes in Various 2022 Federal Pay Rates for Federal Employees

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJanuary 4, 2022 9:14 AM Categories Pay & Benefits Leave a comment

President Biden’s Executive Order on the 2022 federal pay raise impacts a number of federal employee pay schedules.

Biggest Events for Federal Employees in 2021

FedSmith.com author Ian SmithBy Ian SmithDecember 30, 2021 10:50 AM Categories Current Events Leave a comment

A vaccine mandate, a big COLA, and more telework: these are some of the biggest events for federal employees in 2021.

2022 Locality Pay: Winners and Losers

FedSmith.com author Ralph R. SmithBy Ralph R. SmithUpdated: December 27, 2021 12:07 PM Categories Pay & Benefits Leave a comment

Which locality pay areas received the highest—and lowest—pay raise in 2022? Here is the list.

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Daily TSP Rates

August 18, 2022

Fund Last % YTD
G Fund $16.9972 +0.01% +1.56%
F Fund $19.0430 +0.12% -8.83%
C Fund $65.3098 +0.24% -9.23%
S Fund $70.2410 +0.46% -15.82%
I Fund $33.5909 -0.29% -14.83%
L Income $23.0000 +0.03% -2.07%
L 2025 $11.6667 +0.05% -4.74%
L 2030 $40.4990 +0.06% -7.05%
L 2035 $12.0812 +0.07% -7.94%
L 2040 $45.4309 +0.07% -8.77%
L 2045 $12.3691 +0.08% -9.53%
L 2050 $26.9557 +0.08% -10.22%
L 2055 $13.1050 +0.09% -11.94%
L 2060 $13.1040 +0.09% -11.95%
L 2065 $13.1029 +0.09% -11.96%
Get detailed TSP data at TSPDataCenter.com

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