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Pay Raise

President Issues Executive Order Finalizing 2022 Federal Pay Raise

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDecember 22, 2021 5:18 PM Categories Pay & Benefits Leave a comment

President Biden has issued an Executive Order implementing an average federal employee pay raise of 2.7% effective January 1, 2022.

Inflation Soars Again: Value of 2022 Federal Pay Raise and COLA Going Down

FedSmith.com author Ralph R. SmithBy Ralph R. SmithDecember 10, 2021 9:51 AM Categories Pay & Benefits Leave a comment

Inflation is soaring. The 2022 COLA will be 5.9%. Inflation is now at 7.6% over 12 months per the CPI-W and the 2022 federal pay raise is projected at 2.7%.

Additional Paid Leave Benefit May Be Coming for Federal Employees

FedSmith.com author Ian SmithBy Ian SmithDecember 9, 2021 12:21 PM Categories Pay & Benefits Leave a comment

Federal employees may soon have another leave benefit at their disposal: paid parental bereavement leave.

What Impact Does the Continuing Resolution Have on the 2022 Federal Pay Raise?

FedSmith.com author Ian SmithBy Ian SmithDecember 8, 2021 4:15 PM Categories Q&A, Pay & Benefits Leave a comment

Will the continuing resolution have an impact on the 2022 federal pay raise for federal employees?

Your 2022 Federal Pay Raise, COLA, and Why 2021 Inflation Is Important

FedSmith.com author Ralph R. SmithBy Ralph R. SmithNovember 14, 2021 7:44 AM Categories Pay & Benefits Leave a comment

The 2021 inflation rate so far is now 6.2%. With a projected 2022 federal pay raise of 2.7%, and a COLA of 5.9%, purchasing power is declining fast.

Biden Issues Alternative Pay Letter for 2022 Pay Raise

FedSmith.com author Ralph R. SmithBy Ralph R. SmithAugust 27, 2021 4:33 PM Categories Pay & Benefits Leave a comment

President Biden has released an alternative pay plan for the 2022 pay raise for federal employees. Here are the details.

2022 Pay Raise: What Happens Next?

FedSmith.com author Ralph R. SmithBy Ralph R. SmithAugust 23, 2021 5:33 AM Categories Pay & Benefits Leave a comment

A significant step in the 2022 pay raise for federal employees is coming up by the end of August. Will it be 2.7% as widely predicted?

Federal Pay Raise 2013-2021: 13.1%. Actual Increase: 18.1% (DC Increase: 21%)

FedSmith.com author Ralph R. SmithBy Ralph R. SmithAugust 16, 2021 6:31 AM Categories Pay & Benefits Leave a comment

Federal pay raises granted over 8 years totaled 13.1%, however, the actual average salary went up 18.6%. In DC, the average salary went up 21%.

Another Step Forward for 2.7% Federal Employee Raise

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJune 23, 2021 7:47 PM Categories Pay & Benefits Leave a comment

How large will the federal employee raise be in 2022? The next step in the very long political process is now underway.

Highest Federal Employee Pay Raise? 15.9%

FedSmith.com author Ralph R. SmithBy Ralph R. SmithJune 16, 2021 3:08 PM Categories Pay & Benefits Leave a comment

What is the largest federal employee pay raise in the past few decades? Here is an analysis.

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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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